There are many trading platforms on the ’net nowadays, but undoubtedly Binance is one of the most popular and reputed.
Understanding how to buy Magnum (MGM) is essential in case you want to start operating on that platform.
This article will try to guide the reader on how to purchase Magnum (MGM) on the Binance Magnum (MGM) exchange.
The only way to begin trading on Binance is subscribing to it.
Easy registration: just follow the guidelines below.
On the Binance homepage you have to locate the "Register" button and click on it.
You may access directly by clicking here.
Look for the "Register with a phone or email" button in the homepage and press it.
You can also do this using your iOS smartphone.
Here we’ll will explain the registration technique using an email address.
By now, you surely have received an email sent to the address you’ve just used to create your Binance account. In its text you’ll see a one-time-only activation password you’ll need to will enter in the corresponding box. Then press "Send"
That’s all! You are now signed up with Binance.
It is a nice idea to navigate through the different areas of the Binance platform and become familiar with them.
This way you mayyou will be able to begin operating with Magnum (MGM) without difficulty.
To get access to those options, you must fulfill the identity checking.
Please, note that it will be only after you have fulfilled this safety step that you’ll be authorized to begin operating with Magnum (MGM).
However, you don’t need to worry, see the following paragraphs to find out how to do it.
The following are the instructions to verify your Binance subscription and get authorized to start trading:
From the user profile menu, click on "Security"
Another alternative is to go to the top of the screen and click on the "Verify" button
Press "Identification" on the left options list.
Here you should pick your country of residence.
The platform will display you 3 verification levels: the current one, the Verified, and the Verified Plus.
Press the "Start now" button under the "Verified" label, for this is the beginning level.
In this step, you must give certain personal data:
At this point, the Binance platform will ask you to provide a legal document for identity corroboration.
You can do this by using your ID card, passport, or driver’s license.
Follow the system guidance to take a selfie.
The final step will be made by the Binance platform: a confirmation process that will take only a short time.
So, be patient, Binance is going to let you know via e-mail when your application has been accepted.
The following instructions will guide you through the Magnum (MGM) buying process. As soon as you’ve got the confirmation e-mail, you’re a Binance authorized Magnum (MGM) trader.
In this segment you’ll discover how simple is to buy a Magnum (MGM).
Next, you’ll have to to show a legal document to support your identity.
passport, ID card or even a driver’s license will be enough to fulfill this formality.
Now the platform will require you to take a selfie under certain conditions.
Once those requirements have been fulfilled, the Binance system will carry out a verification process on your account.
Now you have to wait until your application has been approved. Be patient, Binance will send you an email.
The following instructions will guide you through the Magnum (MGM) purchasing process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed Magnum (MGM) trader.
In this section you’ll see how simple is to convert money into Magnum (MGM).
Take into account that you could have different options for this process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
You will need to, of course, do this after you’ve logged into your account
Move your mouse over this key and a list of buying alternatives will be shown.
Here, the Binance platform will ask you to use a legal document for identity checking.
passport, ID card or even a driver’s license will be enough to fulfill this condition.
Now the system will require you to take a selfie under certain conditions.
The final step will be made by the Binance system: a verification process that will take only a short time.
As soon as your request has been accepted, Binance will send you an email, just be patient.
Congratulations! Once you’ve got the confirmation you’re officially enabled to operate with Magnum (MGM). The following instructions will be helpful.
In this segment you’ll realize how easy is to convert cash into Magnum (MGM).
Be aware that you may have more than one option for this process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
Needless to say you must log into your account to be able to do this
Hover your mouse over this option and a list of buying alternatives will deploy.
The first thing you must do to purchase the Magnum (MGM) of your preference using a credit card, should be to pick this method from the "Buy Cryptos" drop-down list.
Keep on reading for further instructions:
Now you should pick the currency you want to buy with and specify how much you want to invest.
In the next field you should pick the Magnum (MGM) you’d like to get
After you do so, the platform will immediately show you the number of Magnum (MGM) you’ll be given, considering the amount of USD you’ve just indicated.
Next, just adhere to the following directions:
Now you should select the currency you want to use and enter how much you are going to invest.
Next, choose the Magnum (MGM) you’re going to purchase
When you do so, the system will automatically show you the quantity of Magnum (MGM) you will get, taking into account the amount of USD you’ve recently specified.
Press "Continue".
Now you must define the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" box the option "Add card".
Then the platform will ask you to enter your CC details.
The next field is where you’ll specify the address the card is associated to. Type it exactly as it is, then press "Add card".
With this, your credit card will be added to the payment methods in your account. Press "Continue".
Next, all the important details of the transaction will be presented: the sum to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will receive.
Another detail of relevance in this summary is the percentage you’ll be charged as a commision for making the purchase.
Now you must acknowledge the order clicking on the "Confirm" button during the following 60 seconds, or it will be automatically aborted.
The Binance platform will now reroute you to the credit card issuing bank. There you will make a normal online payment with your credit card.
Your recently purchased Magnum (MGM) will be credited to your Binance e-wallet (referred to as the «Spot Wallet») once the banking process is complete
The next screen will display a summary of the operation in its final stage. It includes the sum you will pay, the chosen currency and the amount of Magnum (MGM) purchased.
Another detail of relevance in this overview is the percentage you’ll be charged as a commision for making the operation.
In less than 1 minute press "Confirm", and then the order will expire automatically.
The platform will now send you to the credit card issuing bank. There you would complete a normal on-line payment using your credit card.
After the banking process has been done, you will get your purchased Magnum (MGM) in your Binance digital wallet (called the «Spot Wallet»)
Once you have added the new method of payment to your profile, move to the "Buy Crypto" menu (upper bar of the navigator), find the "Trading P2P" option, and follow the instructions below:
Cryptocurrencies will be released by the trader as soon as money reception acknowledge has been done.
The default place where Magnum (MGM) are deposited is your account wallet.
Nonetheless, you will need to move them to your Spot Wallet in case you want to purchase another crypto.
You can do this immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
This Magnum (MGM) internal movement can be performed anytime later.
When you have completed a payment to the seller, they may release the Magnum (MGM), by confirming payment reception.
You may check your wallet Binance balance to confirm reception.
However, in order for you to purchase another Magnum (MGM), you must transfer them to your Spot Wallet.
To achieve this, you only need to click on "Transfer to Spot Wallet" once the purchase order is completed.
If you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it later.
With these funds already in your Spot Wallet, nothing keeps you from buying any crypto you consider will be worthwhile.
Discover how simple is to buy any cryptocurrency from Binance:
That’s it! This way you will have money in the Spot Wallet so you will be able to purchase any of the huge selection of Magnum (MGM) within the Binance platform.
Buy any cryptocurrency from the Binance platform just following the steps described below:
This article have surely pictured you a detailed overview of what Binance is and how you can do business with Magnum (MGM) on it.
Cryptos are the future, and Binance is a secure and practical site to do business. Begin right now!
In case you want to make money by purchasing cryptocurrencies, you must discover how to utilize Kucoin platform. This trade is bringing good benefits for all its users, in fact it is making more and more progress in all its tradings.
If you need to learn quickly how to buy a Magnum (MGM) in Kucoin, you will need to keep on reading this post.
Once you have created your account into the Kucoin platform and fulfilled the safety requirements, you need to deposit your cash. This procedure is rather easy, the best part is that you have several options to do so.
One of them is to go to the "Assets" or "Balance" section at the top right on the screen and select the «Deposit» button. There after, choose the Magnum (MGM) you wish to deposit into your personal account to purchase new cryptos, for instance, USDT.
Following this, you will select the network you will utilize to get the operation done. All of us suggest Tron (TRC20) since it takes the lowest commissions.
Next you’ll find the address you should insert in the "Exchange" where you have the USDT you’d like to send to Kucoin. When you have already done this, you will instantly get the funds in your main account.
If this doesn’t work in the country you’re living, you may attempt moving the money to your account via P2P trading. This kind of deal signifies that you actually make a standard bank transfer to any of the documented traders to receive any of the certified cryptos.
Once you get the funds in your account, it’s the perfect time to learn how to use the Kucoin platform.
Before buying a Magnum (MGM) on Kucoin you have to send the money you’ve just purchased to the trading account. To get this done you have to open the "Balance" menu, click on the main account, enter your cryptocurrencies after which choose «Transfer». This last button can be located on the same line as the currency you are about to use to complete the purchase.
If that doesn’t work in the country you’re living, you should attempt moving funds to your account via P2P trading. This type of deal signifies that you make a bank transfer to any of the listed traders to receive any of the approved cryptos.
When you get the money in your account, it’s time for you to start interacting the Kucoin platform.
Purchasing a Magnum (MGM) on Kucoin you have to transfer the money you’ve just purchased to the trading accounts. To get this done you must click on the "Balance" menu, click the main account, enter the cryptocurrencies and then choose "Transfer". This last button can be situated on the same line as the currency you are going to use to complete the purchase.
Following this, you will be sent to a window to pick where you wish to send the funds. You need to transfer from the "Main Account" to the "Trading Account", and indicate the currency and the sum you wish to send to transact. Then click «Confirm».
Once you have the funds already credited in the account, you are set to purchase your crypto and begin trading.
Next you will learn how to purchase Magnum (MGM) in diverse methods. To start, you must open up the «Trade» menu and pick «Spot trading» (Spot Market). Then just write the word Magnum (MGM) in the search line in the top corner of the web page.
The system will highlight the crypto pairs you are authorized to operate with.
In short, you‘ll only be able to buy Magnum (MGM) just with the crypto pairs displayed there.
In this case, you’re allowed do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT as we have funds in this pair. When we do so, it immediately loads the crypto graph data and the order book containing the buy and sell operations.
In order to be able to complete the operation, you ought to enter the corresponding password.
At the bottom-right, the platform shows the user the markets to trade crypto, immediately enabling «Spot». There you’ll find 3 options to buy Magnum (MGM). Next you’ll see those options:
You can also establish the order activation and process it at the best market price. You can do this by choosing "Stop Market", and writing in «Stop Price» the amount you want the Magnum (MGM) to arrive to trigger the order and the amount of USDT to spend. By hitting Buy Magnum (MGM), your buying order will be processed at the market rate once it is the just like the stop price you’ve just set.
With any of these options, you’ve already got the Magnum (MGM) tokens you’ve just bought available in your trading account. From now on you’re free to trade with this or you may want to buy any other cryptos. Remember that with Magnum (MGM) you’ll only be capable to get the cryptos available in their pairs. Usually, you will need to trade your Magnum (MGM) for a crypto that is usually available in the Magnum (MGM) pairs, such as BTC, USDT, and BNB, and you can purchase the particular one you really wish.
You can now buy a Magnum (MGM) at the Kucoin platform.
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