How to Buy mStable USD (MUSD) in Anguilla

A Step-by-Step-Guide on how to buy mStable USD (MUSD) in Anguilla

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. mStable USD (MUSD) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find {mStable USD (MUSD)|(MUSD) mStable USD}

As soon as your deposit has been approved, you will immediately have access to your assets and you can launch purchasing and trading. To buy {mStable USD (MUSD)|(MUSD) mStable USD} on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover {mStable USD (MUSD)|(MUSD) mStable USD}, you will need to insert the cointype (MUSD) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “MUSD/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} mStable USD (MUSD)
Step 4 – Purchasing {mStable USD (MUSD)|(MUSD) mStable USD}

Once you have found {mStable USD (MUSD)|(MUSD) mStable USD}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the recent tariff {mStable USD (MUSD)|(MUSD) mStable USD} was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of MUSD you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of MUSD.

When you're happy, click on “Buy MUSD”. Your plan will be filled as soon as a Seller sells their MUSD for the price you introduced.

Step 5 – Withdraw {mStable USD (MUSD)|(MUSD) mStable USD}

Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive time frame. To take off your {mStable USD (MUSD)|(MUSD) mStable USD}, go to the tab called “Funds” and click on “Withdraw”. {mStable USD (MUSD)|(MUSD) mStable USD} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {mStable USD (MUSD)|(MUSD) mStable USD} by using the provided drop-down box. Drop in the amount of {mStable USD (MUSD)|(MUSD) mStable USD} you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You have successfully bought and stored mStable USD (MUSD) in Anguilla.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the {mStable USD (MUSD)|(MUSD) mStable USD} is stored within your wallet, you are all done.

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