This is a short guide to safely buying Master Swiscoin (also known as MSCN coin) on the LiveCoin exchange. LiveCoin is a fast-growing exchange where you can buy Altcoins (meaning “alternative coins”).
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What is Master Swiscoin
Swiscoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Swiscoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Swiscoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Swiscoin is a proven medium of commerce complementary to Bitcoin. Swiscoin is digital money used for secure and instant transfer of value anywhere in the world, with no borders or limits. There is no government, company, or bank in charge. Utilizing blockchain technology, Swiscoin are issued and managed without any central authority. Every user with a Swiscoin wallet plays an important role in processing transactions on the decentralized, peer-to-peer network. Interest is earned by each participant and users stay in full control of their money.
MSCN Token Details
Name: Master Swiscoin
Total Supply: 1,007,255,720
Circulating Supply: 45,143,320
Step 1 – Register at LiveCoin
To buy the token, you first need to sign up at LiveCoin.
First go to LiveCoin.net.
Go ahead and Register at LiveCoin by adding your personal details.
To sign up for LiveCoin you’ll need a valid email address and create a secure password.
Create a strong Password, click the check boxes for the LiveCoin terms and conditions and the anti-spam captcha.
Click “Register Account”.
Step 2 – Activate Your LiveCoin Account.
You’ll be asked to activate your account before you can log in on LiveCoin.
Go to the email you entered and click on the link sent by LiveCoin to complete the registration process.
Step 3 – Log On to Your New LiveCoin Account
Go back to LiveCoin.net and use your new account details to log in.
Step 4 – Fund your LiveCoin Wallet.
Before you can buy your new tokens, you need to have funds in your LiveCoin wallet.
Note that you can’t send fiat currency direct to LiveCoin. Instead you need to send your favorite crypto (we recommend ETH or LTC due to low transaction costs and fast transfer times).
The easiest way is to buy crypto at Coinbase.com then send it to LiveCoin.
How to Buy Bitcoin at Coinbase
Back at LiveCoin, click the “Deposit” link on top menu.
You now need to find the deposit address for the specific type of crypto you are transferring over from Coinbase.
In this example we’re using ETH.
Search for “ETH” in the Cryptocurrency Balance field and then click on the “DEPOSIT” button.
You’ll need to check the various acknowledgment boxes and then click the “Show address” button. You ETH deposit address will now appear. Copy and paste that and use that as the destination/outward address at your Coinbase account.
Wait a few minutes and the crypto (ETH in this case) will be credited to your LiveCoin account.
Step 5: Trade your Ether for MSCN tokens.
Click on the ‘BUY/SELL’ link at the top menu, near the LiveCoin logo.
Search for the MSCN/ETH pair among the list displayed on the page. Do this by selecting the “ETH” tab and clicking on the coin pair you would like to buy.
Under the MSCN/ETH chart, you’ll find the Buy MSCN section.
The first box with the Amount label is where you enter the number of MSCN tokens you plan to buy.
The first box with the Price label displays how much ETH or fraction of ETH you pay to buy each MSCN token.
The Total box shows how much Ether in total you are paying for the transaction. This includes any transaction fees by LiveCoin.
Ready to buy?
Go ahead and Click on the “BUY” button.