How to Buy mStable USD (MUSD) in Australia

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

Step 1 – Signup to Coinmama

You will first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum or Bitcoin will need 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 example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

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

As soon as your deposit has been verified, you will now have access to your assets and you can launch purchasing and trading. To invest in {mStable USD (MUSD)|(MUSD) mStable USD} on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To discover {mStable USD (MUSD)|(MUSD) mStable USD}, you will need to insert the shortname of the coin (MUSD) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this too. Click on “MUSD/BTC” to advance.

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

After you've found {mStable USD (MUSD)|(MUSD) mStable USD}, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff {mStable USD (MUSD)|(MUSD) mStable USD} was traded for. This can be changed to your preferred price. The ”Amount” field is the amount of MUSD you like to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole amount of MUSD.

If you are happy, make a mouse click on “Buy MUSD”. Your order will be filled when a Seller sells their MUSD for the price you gave.

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

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

Locate {mStable USD (MUSD)|(MUSD) mStable USD} by using the given drop-down box. Put into the volumen of {mStable USD (MUSD)|(MUSD) mStable USD} you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you are happy, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congratulations! You have successfully bought and stored mStable USD (MUSD) in Australia.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the {mStable USD (MUSD)|(MUSD) mStable USD} is safe in your wallet, you are all done.

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