If you have any interest to buy Magus Nodes ( MAGUS ), you will be required to have either Bitcoin abbreviated as ( BTC ) or Ethereum ( ETH ) for trade purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit card or bank report. Take a read and get tips on the best cryptocurrency deal .
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 original web site, it is essential to scrutinize the URL to the web site keenly. First, be on the lookout for the ‘ Secure ’ certificate that should pop up in your address barricade and that acts as a confirmation of the site ’ sulfur genuineness. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic locate 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 ” yellow journalism found in the right-hand corner of the web site ’ randomness page and fill in your trading details. For exemplify, you will need to fill in your mobile count or you choose to use your electronic mail address. For the electronic mail address, it is necessary to use your chief e-mail that you can access easily and the most dependable one since you will need it to sign in to your Binance report always .
You besides need to choose a strong password for your electronic mail ; a potent password should comprise a blend of numbers, symbols, amphetamine and lower-case letters. You will receive a 6-digit code via the e-mail you provided as your score ’ second confirmation code and for completing the registration procedure .
1.3 Allow 2FA-Two-factor authentication (Optional)
To make your account more secure you need to allow consumption of a two-factor authentication after your beginning log in. Trust me ; it is critical to set up the 2FA because it makes your account more procure from any hacking bodily process !
Every fourth dimension you log in with the two-factor authentication, you will need to provide a unique code once your type in your e-mail and password. To get your alone 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 account through SWIFT money transfer or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit card .
Binance previously didn ’ metric ton allow the use of credit or debit cards on its platform, but the like has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, broken transaction charges, and more transaction flexibility .
I highly recommend buying Bitcoin first and then trade it for the veracious sum of Magus Nodes ( MAGUS ) .
It is easy to purchase Bitcoins via your recognition wag but I will elaborate on best ways you can do it step-by-step to make certain you understand all the trade 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.
- 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 document will be approved once verified by the system and an electronic mail station to show the confirmation of order purchase. Subsequently, your Binance report is credited with the buy BTC or Ethereum .
Step 3: Transferring Your Cryptos to an Altcoin Exchange Huobi
nowadays let me show you how to Magus Nodes ( MAGUS ) using your investment from Binance .
But not every crypto can be traded in Binance we need to transfer our coins to an central that Magus Nodes ( MAGUS ) can be traded .
I will show you how to use Huobi which is a celebrated substitution to trade altcoins. We will use the connect below to register your new report .
Sign Up Huobi nowadays once you have completed similar processes as you have done before with Binance you are fix 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 Magus Nodes ( MAGUS ), you will need to transfer your BTC from Binance to that specific switch over .
normally done through a wallet system. to huobi deposit move your sneak over to “ Balances ” on the top right and click “ Exchange Account ”. Look for “ BTC ” from Token incision and copy the given “ Deposit Address ”
To do this part may be a fiddling unmanageable but don ’ metric ton worry, it is easier than a bank transfer. then copy your alone BTC wallet address and go back to Binance .
then move your cursor to “ Wallet ” on the proper hand side of the topbar and once the popup shows up, chink on “ Fiat and Spot ( Deposit & Withdrawal ) ”. Look for BTC in the list and snap on “ Withdraw ” on the right hand side .
You have to paste the situate address you barely copied from the other exchange and blue-ribbon BTC as the transfer network. Type down the come that you want to withdraw ( you may click the Max button if you want to withdraw all ) .
future, click 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 electronic mail .
That ’ s all, now you should wait for a while so that the blockchain to confirm your transaction .
Step 5: Trade Magus Nodes (MAGUS)
now you have to go back to Huobi to buy Magus Nodes ( MAGUS ) with the Bitcoins you sent.
Move your shiner over “ Spot Trading ” and click “ Exchange ” then you will see trading menu. Look for huobi craft in the leave column make indisputable to select “ BTC ” pair and in the search bar type in “ MAGUS ” .
After you move your coin cluck on it and now you will see a price chart of MAGUS/BTC in the middle of the page. Select the “ Market ” pill as that is the Easiest way of buying orders .
besides, you can either type in your amount or choose what helping of your BTC depository you would like to spend on buying, by clicking on the percentage buttons .
once you have confirmed everything, click “ Buy MAGUS ”. immediately you own your magus !
Other Exchanges to Buy Cryptos
The follow are other sites you can buy from these exchanges :
HotBit ( Which permits US investors )
MXC ( This exchange allows US investors )
On top of the above-listed exchanges, there are some more coarse crypto exchanges where daily trade volumes and a huge user root 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 Magus Nodes gets listed there it give the traders who have already registered a large come of deal volumes, that means you will be provided with some great trading opportunities !
Final Step: How to Store Magus Nodes 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 however have plans to stay at hodl ” as some people call it, basically misspelt “ hold ” ( which become celebrated as fourth dimension passes ) your Magus Nodes for some long time, you need to find ways to ensure it stays dependable safe ,
however Binance is the most safe cryptocurrency change, in the past few years there have been hacking incidents and funds were lost. Because of the blueprint of the wallets in exchanges, they will be accessible constantly via the internet ( “ Hot Wallets ” as they are called ), consequently exposing certain aspects of weaknesses .
therefore safe-conduct 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 exercise, use a paper wallet which is a type of free cold wallet. It can besides be defined as an offline-produced pair of public and private cover and that you write on a paper for keeping safely with you. But, it is not permanent and may be faced by certain risk .
therefore, 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 and their firmware ’ s are continuously upgraded by their manufacturers and this makes them excess safe to use. For example, Ledger Nano S and Ledger Nano X and are most park 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 feel and opinion .
Frequently Asked Questions
Is it possible to buy Magus Nodes with cash?
The answer is No. Because there is no way you can directly buy Magus Nodes with cash. But, using marketplaces such as LocalBitcoins to beginning 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 commute. It is more of a market where users can buy and sell Bitcoins to and from each early. Users, known as traders, make advertisements to show their price and the requital method they want used. then buyers buy from the traders to buy from sellers in a particular nearby region on the chopine. LocalBitcoins is after all a good stead to go to buy Bitcoins when it is impossible for you to find your favored payment methods somewhere else. The site ’ sulfur prices are high gear and you have you have to be extra careful to avoid conmen .
What are the quickest ways I can buy Magus Nodes while living in Europe?
While in Europe you have the advantage of buying cryptos in an easy and quick way. Because Europe has even on-line banks which help buyers to simply open an history 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 Magus Nodes or Bitcoin with credit cards?
Yes you can, you just need to visit Changelly which an easy to trade in locate particularly when it comes to buying Bitcoin with credit cards. It provides an automatic pistol cryptocurrency exchange that gives a buyer the opportunity to exchange crypto fast and buy them using credit wag. It has been designed to allow users to have easy crypto buying since it has a elementary user interface and provides instructions that are slowly to follow besides .
Magus Nodes offers sustainable APR with a protocol that truly works. We will be introducing a state-of-the-art track to help keep track of the sustainability of the ROI .
There is no annoying hard-to-learn software that you need to learn how to use. Magus Nodes works with virtual nodes that take little experience to successfully set up. Our dApp is clean and slowly to understand for any traditional exploiter. In short, Magus Nodes works for everyone, making global adoption a realistic goal .
Read more: Could These Altcoins Be Ethereum Killers?
Category : Economy
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