Manson Ndubuisi
3 min readJun 24, 2020

A GUIDE ON HOW TO BUY MWC ON WHITEBIT EXCHANGE

WhiteBIT is a European centralized Exchange that offers crypto-to-crypto and crypto-to-fiat transactions with a 0.1% trading fee which makes it a good and attractive exchange platform for traders and investors. WhiteBIT is a renowned exchange platform that offers instant transactions with P2P codes, the possibility of staking, private and public API, and a number of trading tools. WhiteBIT is a reliable and trusted exchange platform for trading cryptocurrencies. On the other hand, MCW known as MimbleWimbleCoin is an in-progress implementation of the MimbleWimble protocol. MWC was created to match and exceed other goods in the market with regard to the ten monetary characteristics of in order to produce a good that is the superior qualitative money. These ten monetary characteristics are censorship-resistant, extensible, durable, indestructible, salable, portable, fungible, privacy, and divisible.

HOW TO BUY MWC ON WHITEBIT EXCHANGE

An Exchange is a marketplace where securities, commodities, derivatives, as well as other financial instruments, are traded. It is important to know that the core function of an exchange is to ensure fair and orderly trading and efficient dissemination of price information for any securities trading on the exchange. WhiteBIT carries out these functions perfectly too.

Traders, investors, and individuals can easily buy MWC on the WhiteBIT Exchange platform by using the following guides:

  • Download the WhiteBIT Exchange app from the Google Play Store or visit the WhiteBit website www.whitebit.com and signup or register on the exchange platform.
  • Do your KYC which is Know Your Customer verification to ensure a high level of security.
  • Click on the dashboard option, then click on active order. Click on deposit and click on BTC. Wait a while and you will see deposit and withdrawal, then click on deposit and send BTC to the address that is provided there.
  • Once the deposit is completed, go back to the dashboard option and click on Exchange, you will see Transfer from Main balance. Click on it and transfer the BTC from Main balance to Trade balance.
  • Go to the dashboard option and click on Live Trading and scroll down to see the market, then click on popular. After that you can search for MWC in the search box or scroll down on the market one after the other till you see MWC to BTC pair (MWC/BTC).
  • Click on the pair, then scroll down to see the buy option or section. Type in the amount of MWC you want to buy and the price in BTC will be indicated.
  • Finally, click the buy button as shown below and your transaction will be completed.

CONCLUSION

Transactions with the WhiteBIT exchange are very fast. This is possible because quick deposit and withdrawal are carried out by InstantSend by Dash. Apart from MWC, several other valuable coins are listed on the exchange platform thereby giving traders and investors the opportunity to have varieties of stable coins to buy or trade. MWC is a stable and valuable coin and WhiteBIT is a perfect marketplace to buy such coins.

USEFUL LINKS

MWC Website

WhiteBIT Website

Writer: Mansonndubuisi

Manson Ndubuisi
Manson Ndubuisi

Written by Manson Ndubuisi

I am a crypto writer and a blockchain technology enthusiast. Here is my homepage link, https://mansonndubuisi.medium.com/

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