If you have any interest to buy Maro (MARO), you will be required to have either Bitcoin abbreviated as (BTC) or Ethereum (ETH) for trading 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 account. Take a read and get tips on the best cryptocurrency trading.
Step 1: How to create a Binance account:
1.1 Visit Binance’s Website (https://www.binance.com/en)
1.2 Fill in your trading details
1.3 Allow 2FA-Two-factor authentication (Optional)
Step 2: Buying your first Bitcoin (BTC)
I highly recommend buying Bitcoin first and then trading it for the right amount of Maro (MARO).
Step 3: Transferring Your Cryptos to an Altcoin Exchange Bittrex
Now, let me guide you on how to purchase Maro (MARO) using your investment from Binance.
But remember you cannot trade every crypto in Binance you will have to transfer your coins to an exchange that Maro (MARO) can be traded. So I will guide you to Bittrex which is a famous exchange to trade altcoins. Use the link below to register your new account.
If you have completed similar processes as we’ve done before with Binance you now are ready to transfer your Bitcoins.
Step 4: Depositing BTC to Exchange
If you have finished creating your new trading account setup at one of the exchanges that trades Maro (MARO), you will need to transfer your BTC from Binance to that specific exchange. This is done via a wallet system.
You also need to click “Holdings” on the top right menu.
Look for “BTC” from Token section and copy the given “Deposit Address”
This process may be difficult a little bit but don’t worry, it is simpler than a bank transfer.
After you have copied your unique BTC wallet address go back to Binance.
You have to move your cursor to “Wallet” on the right hand side of the topbar and once the popup shows up, click on “Fiat and Spot (Deposit & Withdrawal)”.
Look for BTC in the list and click on “Withdraw” on the right hand side.
Then, you have to paste the deposit address you just copied from the other exchange and select BTC as the transfer network. Then type the amount that you want to withdraw (you may click the Max button if you want to withdraw all).
After you have done the above, click on the Submit button to begin with the withdrawal process. If you need to continue with the withdrawal, Binance may ask you for your 2-Factor Authentication code and also you will have to confirm the withdrawal with an e-mail.
That is all you are required to do, then you should wait for a few seconds so that the blockchain to confirm your transaction.
Step 5: Trading Maro (MARO)
You now need to go back to Bittrex to buy Maro (MARO) with the Bitcoins you sent over there.
You need to look for “Markets” and click that button and you will see altcoins list.
On your left side, there is a colum in which you have to make sure you select “BTC” pair and in the search bar type in “MARO”. If you have already moved your coin click on it and now you will see a price table of MARO/BTC in the middle of the page. Then select the “Market” tab as that is the simplest way of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons.
When you have confirmed all details, click “Buy MARO”. Now you have just bought your own MARO!
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)
On top of the above-listed exchanges, there are some more common crypto exchanges where daily trading volumes and a huge user base is available. This helps to ensure that you can sell your coins any time you want and the charges for the trading are not high. It is recommended that you should also register on these exchanges because whenever Maro gets listed there it give the traders who have already registered a large amount of trading volumes, that means you will be provided with some great trading opportunities!
Final Step: How to Store Maro 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
2. Ledger Nano X
- It made with a more advanced and secure element chip (ST33) than Ledger Nano S
- 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
If you still have plans to stay at hodl” as some people call it, basically misspelt “hold” (which become famous as time passes) your Maro for some long time, you need to find ways to ensure it stays safe safe,
Frequently Asked Questions
Is it possible to buy Maro with cash?
The answer is No. Because there is no way you can directly buy Maro 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?
What are the quickest ways I can buy Maro while living in Europe?
Can I use alternative platforms to purchase Maro or Bitcoin with credit cards?
Maro is a global ecosystem for people to connect, cooperate, and propser. As an open blockchain infrastructure, users can directly connect to the global economy with Maro. Maro’s unique Multi-tier DPoS Consensus and Multi-Network mechanism offers a scalable blockchain with high-throughput and a sustainable token economy.
- Maro provides a market where efficient value exchange can take place
- Maro provides an accessible and secure financial solution
- Maro provides an open and sustainable blockchain infrastructure
- Maro Blockchain: http://ma.ro
Scalable blockchain with high-throughput and a sustainable token economy
- Acorn Protocol: http://acorn.eco
Ecosystem for open network collaboration with a transparent incentivizing mechanism
- Tigris Protocol: https://tigris.eco
Secure and efficient Decentralized Finance solution for staking and collateralized debts
- Maro Connect: http://connect.ma.ro
Maro Connect is a secure and easy-to-use mobile wallet app of the Maro Network. Maro Connect allows users to vote for Representatives, transfer assets, and make payments. Also, users may utilize the Staking Service, Collateralized Debt Service, and more through the DeFi service Tigris all while having direct on-hand access to a decentralized exchange and various DAPPs.
- Maro Developer Center: http://dev.ma.ro
Maro Developer Center offers development tools and information on the Maro Network to developers.
- Maro Scan: http://scan.ma.ro
Maro Scan is a tool where users can search all transactions made on the Maro Blockchain.
- Acorn Box: http://acornbox.org
Acorn Box is a mobile wallet app built for a broad user base. Users of all spectrum can enjoy a social network service, play games, and use various other DAPPs. Via DAPPs such as WorkBox, users may create value and get rewarded for their contribution anywhere, anytime.