How to Buy MiamiCoin (MIA) [For Beginners] - HedgeWorld

Reading: How to Buy MiamiCoin (MIA) [For Beginners] – HedgeWorld

If you have any interest to buy MiamiCoin ( MIA ), you will be required to have either Bitcoin abbreviated as ( BTC ) or Ethereum ( ETH ) for trade purposes. I have reviewed the major cryptocurrency rally Binance in this post to help you determine the best sites to buy cryptocurrency using a credit poster or bank account. Take a read and get tips on the best cryptocurrency trade .

Step 1: How to create a Binance account:

1.1 Visit Binance’s Website (https://www.binance.com/en)

Sign Up Binance now There have been several phishing cases reported over the past years that are imitations to the master site, it is necessity to scrutinize the URL to the web site keenly. First, be on the lookout for the ‘ Secure ’ security that should pop up in your address bar and that acts as a ratification of the web site ’ south authenticity. Second, to be extra dependable while trading on the platform, ensure to bookmark the authentic site to evade any confusion in future searches .

1.2 Fill in your trading details

You have to fill in your details by going to the ‘ ’ Register ” check found in the right-hand corner of the web site ’ sulfur page and fill in your deal details. For case, you will need to fill in your mobile numeral or you choose to use your e-mail address. For the e-mail address, it is necessary to use your main electronic mail that you can access well and the most guarantee one since you will need it to sign in to your Binance history always .
You besides need to choose a solid password for your e-mail ; a strong password should comprise a mix of numbers, symbols, upper and lower-case letters. You will receive a 6-digit code via the e-mail you provided as your history ’ south confirmation code and for completing the adjustment process .

1.3 Allow 2FA-Two-factor authentication (Optional)

To make your account more secure you need to allow habit of a two-factor authentication after your beginning log in. Trust me ; it is vital to set up the 2FA because it makes your report more procure from any hacking activity !
Every time you log in with the two-factor authentication, you will need to provide a alone code once your type in your e-mail and password. To get your singular code, use the Google appraiser app downloaded into your smartphone .

Step 2: Buying your first Bitcoin (BTC)

To send money to your Crypto wallet account on Binance either directly via your bank score through SWIFT money transmit or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit calling card .
Binance previously didn ’ thymine allow the practice of credit or debit cards on its chopine, but the lapp has been introduced. Binance partnered with Simplex to allow its users to use their accredit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, low transaction charges, and more transaction flexibility .
I highly recommend buying Bitcoin first and then trade it for the right amount of MiamiCoin ( MIA ) .
It is easy to purchase Bitcoins via your credit card but I will elaborate on best ways you can do it step-by-step to make sure you understand all the trading kernel .

Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
Next, click “Buy BTC. A window that contains all the details of your order will pop up. However, before you confirm your order you need to read the disclaimer and Terms of Use. Once satisfied, confirm your order by ticking the tab and head to “Go to payment’’; click.
Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.

last, your personal text file will be approved once verified by the system and an electronic mail send to show the confirmation of order purchase. Subsequently, your Binance account is credited with the buy BTC or Ethereum .

Step 3: Transferring Your Cryptos to an Altcoin Exchange Huobi

now let me show you how to MiamiCoin ( MIA ) using your investment from Binance .
But not every crypto can be traded in Binance we need to transfer our coins to an central that MiamiCoin ( MIA ) can be traded .
I will show you how to use Huobi which is a celebrated switch over to trade altcoins. We will use the liaison below to register your newly account .
Sign Up Huobi nowadays once you have completed like processes as you have done before with Binance you are cook to transfer our Bitcoins .

Step 4: Depositing BTC to Exchange

After you have created your deal report setup at one of the exchanges that trades MiamiCoin ( MIA ), you will need to transfer your BTC from Binance to that specific exchange .
normally done through a wallet system. to huobi situate move your mouse over to “ Balances ” on the top right and click “ Exchange Account ”. Look for “ BTC ” from Token section and copy the given “ Deposit Address ”
To do this contribution may be a little unmanageable but don ’ thyroxine concern, it is easier than a savings bank transplant. then copy your unique BTC wallet address and go back to Binance .
then move your cursor to “ Wallet ” on the justly hand side of the topbar and once the popup shows up, suction stop on “ Fiat and Spot ( Deposit & Withdrawal ) ”. Look for BTC in the list and click on “ Withdraw ” on the right hand side .
You have to paste the depository address you just copied from the other substitution and blue-ribbon BTC as the transfer network. Type down the total that you want to withdraw ( you may click the Max button if you want to withdraw all ) .
future, snap on the Submit button to begin with the withdrawal process. To proceed with the withdrawal, Binance may ask you for your 2FA code and besides you will have to confirm the withdrawal with an e-mail .
That ’ s all, now you should wait for a while therefore that the blockchain to confirm your transaction .

Step 5: Trade MiamiCoin (MIA)

now you have to go back to Huobi to buy MiamiCoin ( MIA ) with the Bitcoins you sent .
Move your mouse over “ Spot Trading ” and click “ Exchange ” then you will see trading menu. Look for huobi trade wind in the leave column make sure to select “ BTC ” pair and in the research bar type in “ MIA ”.

Other Exchanges to Buy Cryptos

The following are other sites you can buy from these exchanges :
HotBit ( Which permits US investors )
MXC ( This exchange allows US investors )
Bilaxy
OKEx
Huobi Global
On clear of the above-listed exchanges, there are some more common crypto exchanges where daily trade volumes and a huge exploiter basis is available. This helps to ensure that you can sell your coins any time you want and the charges for the trade are not high. It is recommended that you should besides register on these exchanges because whenever MiamiCoin gets listed there it give the traders who have already registered a large measure of trade volumes, that means you will be provided with some great trading opportunities !

Final Step: How to Store MiamiCoin securely in hardware wallets

1. Ledger Nano S

Easy to set up and has a friendly trading interface.
Allows use on desktops and laptops
Lightweight and Portable too
Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
Has many trading languages.
Designed by a well-established company found in 2014 with great chip security
It is not expensive but can be acquired at affordable price

Buy Ledger Nano S now

2. Ledger Nano X

It made with a more advanced and secure element chip (ST33) than Ledger Nano S
Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
Also Lightweight and Portable and has a built-in rechargeable battery
Has a Larger screen
Comes with more storage space compared toLedger Nano S
It supports most blockchains and wide range of (ERC-20) tokens
Provides several languages for every customer
It was designed by a famous company found in 2014 with great chip security
Can be obtained at an affordable price

Buy Ledger Nano X now If you still have plans to stay at hodl ” as some people call it, basically misspelt “ hold ” ( which become celebrated as time passes ) your MiamiCoin for some long time, you need to find ways to ensure it stays safe safe ,
however Binance is the most safe cryptocurrency rally, in the past few years there have been hacking incidents and funds were lost. Because of the design of the wallets in exchanges, they will be accessible constantly via the internet ( “ Hot Wallets ” as they are called ), therefore exposing certain aspects of weaknesses .
thus safeguard your cryptos by putting them in “ Cold Wallets ”, where the wallet will only have access to the blockchain ( or plainly “ go on-line ” ) when you send out funds ,. This reduces the chances of being hacked. For model, use a paper wallet which is a character of absolve cold wallet. It can besides be defined as an offline-produced pair of public and individual savoir-faire and that you write on a composition for keeping safely with you. But, it is not permanent and may be faced by certain risk .
frankincense, Hardware wallet is therefore the best compared to cold wallets. Since they are normally USB-enabled devices that can hold the key information of your wallet in the safest manner. besides they are designed using military-level security system and their firmware ’ s are continuously upgraded by their manufacturers and this makes them extra dependable to use. For exemplar, Ledger Nano S and Ledger Nano X and are most common hardware wallets, you can buy one at $ 50 to $ 100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion .

Frequently Asked Questions

Is it possible to buy MiamiCoin with cash?

The answer is No. Because there is no manner you can directly buy MiamiCoin with cash. But, using marketplaces such as LocalBitcoins to first buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges .

How do I Buy Bitcoin from local sellers?

You can go to LocalBitcoins that is a peer-to-peer Bitcoin exchange. It is more of a marketplace where users can buy and sell Bitcoins to and from each other. Users, known as traders, make advertisements to show their monetary value and the payment method they want used. then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when it is impossible for you to find your front-runner payment methods somewhere else. The locate ’ sulfur prices are high and you have you have to be excess careful to avoid conmen .

What are the quickest ways I can buy MiamiCoin while living in Europe?

While in Europe you have the advantage of buying cryptos in an easy and flying room. Because Europe has even on-line banks which help buyers to simply open an account and transfer money to exchanges such as Coinbase and Coinmama. such banks which are common as on-line banks in Europe are Bunq, N26 and Revolut .

Can I use alternative platforms to purchase MiamiCoin or Bitcoin with credit cards?

Yes you can, you barely need to visit Changelly which an easy to trade in site specially when it comes to buying Bitcoin with credit cards. It provides an automatic cryptocurrency exchange that gives a buyer the opportunity to exchange crypto fast and buy them using credit card. It has been designed to allow users to have easy crypto bribe since it has a bare drug user interface and provides instructions that are easy to follow besides .
MiamiCoin is the first CityCoin to marketplace, going live on June 8, 2021. MiamiCoin is a cryptocurrency powered by the Stacks Protocol, which enables chic contracts on Bitcoin .
MiamiCoin ( $ MIA ) is a way for people to support the Magic City and grow its crypto treasury while earning BTC and STX yield for themselves. MiamiCoin can be mined or bought by individuals who want to support the Magic City and earn crypto concede from the Stacks protocol .
MiamiCoin provides an ongoing crypto tax income stream for the city, while besides generating STX and BTC yield for $ MIA holders. MiamiCoin can be mined or bought by individuals who want to support the Magic City and earn crypto yield from the Stacks protocol. MiamiCoin additionally benefits holders by allowing them to Stack and gain return through the Stacks protocol .
The city of Miami can elect to use its growing crypto treasury to benefit the city and its constituents — think fresh public spaces, improvements to infrastructure, hosting city events, recruiting startups, and more .
MiamiCoin is launching June 8, 2021 .

How to Buy MiamiCoin (MIA) [For Beginners] – HedgeWorld

Step 1: How to create a Binance account: