How to buy MWD on Poloniex
To buy MWD on Poloniex using USDT, follow these steps:
Registration on Poloniex
Go to the Poloniex website: Visit the Poloniex exchange.
Register an account:
Enter your valid email address or phone number.
Create a password and click Create Account.
Enter the verification code sent to your email to complete the registration.
Deposit USDT
Log in to your account: Use your credentials to access your Poloniex account.
Navigate to Deposit:
On the main page, find the Deposit button and click Deposit Now (in the app, this button will be in the account menu).
Select Cryptocurrency:
Choose USDT as the cryptocurrency.
Select Tron (TRC20) as the network.
Send USDT:
Copy the wallet address or scan the QR code provided.
Transfer USDT to the specified address using the TRC-20 network.
All deposits will be visible in the transaction history below.
Exchange USDT for MWD
Go to the Account Menu and open the Trading section.
Navigate to the Spot section.
Select the Trading Pair
Click on the pair name and enter the ticker symbol for the coin MWD in the search field.
Select the MWD/USDT pair from the search results.
In the Buy Tab, Select the Order Type: Limit, Market, or TP/SL
Limit Order: You need to specify the price at which you want to buy. The order will not execute immediately but will only fill when the specified price is reached.
TP/SL Order: This type of order allows you to set a conditional order that triggers when a certain price is reached, helping to limit risks during price volatility.
Market Order: The purchase will occur immediately at the current market price.
For a Market Order:
Choose Market Order.
Enter the amount of MWD you wish to buy. Note that for large amounts, the order might be executed at a higher price.
Click Buy MWD.
Confirm the Purchase Order.
The purchased tokens will appear in your trading account under the Assets section.
Exchanging MWD for USDT
To exchange MWD for USDT, go to your account and select the Trading section from the menu, then open the Spot tab.
Choose the MWD/USDT trading pair and switch to the Sell tab.
Select an order type (for details on order types, see the previous section) and enter the amount of MWD you want to exchange.
Click Sell MWD and confirm the order.
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