How to Buy Metaverse Index : A Beginner’s Guide

Buy Metaverse Index: Buying the Metaverse Index (MVI) allows you to invest in a diversified portfolio of metaverse-related crypto assets. Here’s a simple guide to help you get started.

Cryptocurrencies are widespread worldwide. Binance is a good platform for trading Cryptocurrency and withdrawing fiat from your bank account. 


Read – Inflationary vs Deflationary Cryptocurrencies: Key Differences


Binance is the most trusted and popular platform for trading cryptocurrencies. It is available for different platforms, such as PCs, Android, and iOS. Moreover, Binance has many excellent features that attract crypto enthusiasts. People choose this platform mainly because of the low withdrawal fee. 


Read – How to Sell Cryptocurrency on Robinhood: A Step-by-Step Guide


Binance allows them to withdraw fiat to their bank accounts quickly. You can purchase or withdraw in 14 different fiat currencies in several payments. 


Read – How to Sell Cryptocurrency on Robinhood: A Step-by-Step Guide


Step-by-Step Guide to Buying Metaverse Index (MVI)

The Best way to Purchase the Metaverse Index is from Binance’s most trusted Metamask Wallet. To do so, you must log in or create a new account in Binance. 

How to Create a Binance Account

First, to create a new account in Binance, you must go to Binance’s official website. In the past few years, reports have been that Regis has been told that they have entered the fake Binance Website. So before you fill out your account and other details, you will look for the Secure certificate that will pop up in your address bar and confirm that the Site is purely genuine. Second, You must be extra careful or safe while trading in the Binance Platform, and please ensure your bookmarked URL is authentic so you do not get lost in the searches. 

Fill in your Trading Details At Binance

For the email address, you must use the primary Email that only you can access. The Email must be the most secure, as it will help you sign in again to the Binance Account.

Allow 2-Factor-Authentication

The 2-Factor-Authentication option is optional. But if you want your account to be safer and more secure, you must allow two-factor authentication after your first login, as this two-factor authentication will help you secure your account from hacking at emails. Each time you log in to your account, you will receive a unique code in your registered Email or mobile number. So once you type your Email and password, you will get a unique code; you can use this code to log into your account. 

Download MetaMask Wallet

If you were using Binance, you would need a virtual wallet to store your virtual currency. Suppose you use a Desktop computer to download Metamask from the Google Email Extensions. If you use mobile phones, especially Android smartphones, you can download mobile phone emails from the Google Play Store. If you are an iOS user, MetaMask is not available right now.

Setup Your MetaMask Account

  • You may refer your Wallet to the Wallet Support Page for references.
  • You can check your seed by clicking on the Phrase Option. After clicking, you will see 12 words for the seed phrase. These 12 Seed of Phrases will help you to locate your Wallet. You need to save your Phrase in a safe place and Click on “I’ve Copied it Somewhere Safe.”

Congratulations, you have successfully created your MetaMask Account, and your Wallet is fully Set up. 

Buy Ethereum As Your Base Currency

Once your MetaMask Wallet is fully set up, you can log in to your Binance account and process to buy or sell your first crypto web page to buy your first Ethereum base currency.

Send Ethereum From Binance to Your Crypto Wallet

Once you buy Ethereum from Binance, you can go to the Binance Wallet Section and look at the Ethereum you recently purchased. Now, Click the Withdraw Button and wait for the Ethereum to transfer to your Metamask Wallet. 

Choose A Decentralised Exchanges(DEX)

There were several DEXs to choose from on Binance. You must ensure the Exchanges support the MetaMask Wallet you selected in the Setup Your Meatmask Point. 

Connect your Metamask Wallet

The Address is a 12-word Phrase that you note separately. 

Trade Your Ethereum With the Coin

Now Select your Ethereum as a Payment and your Metaverse Index as the Cryptocurrency you want to acquire. 

If the Coin you wanted doesn’t appear in the DE, you can refer to etherscan.io and find your smart contract address.

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