How to Purchase TAO on MEXC
To purchase TAO and use it you will need talisman.xyz
wallet. You can download it from here.
It's a web3 wallet that specifically supports polkadot
.
While this guide can be followed using any adequate polkadot wallet. We've only tested using Talisman and Polkadot{js}.
We highly recommend using the Talisman Wallet due to the ability to confirm transactions before signing as shown below.
We will be purchasing TAO using USDT (since it's the only market they offer) from mexc.com--create an account here.
Overview:
-
Get USDT by doing one of the two below:
-
Get your withdrawal TAO address from your
talisman.xyz
wallet
If you want to deposit and convert your existing crypto to TAO follow this--if not skip to the next section:
After registering if you already own crypto and want to convert it to TAO go to Mexc's wallet tab then follow this guide to deposit it: How-to-Deposit-Crypto-to-MEXC-Spot-Account-Web
Once you've deposited your assets and MEXC has confirmed the deposit, go to this link to view them and follow the image below to convert it to USDT. https://www.mexc.com/assets
Once you click sell you will have USDT in your account. You can now purchase TAO with it. You can skip to the "Buy TAO" section.
If you need USDT to purchase TAO follow this:
Go to https://otc.mexc.com/creditCard and follow the image below to input hgow much USDT you want to purchase and click the Blue "continue" button in the Payment Details
box.
Buy TAO
Go to https://www.mexc.com/exchange/TAO_USDT and follow the images below to input how much TAO you want to purchase and click the Green "Buy TAO" button.
Withdrawing TAO to stake it.
Go to https://www.mexc.com/en-US/assets and follow the images below to withdraw to your talisman.xyz
wallet.
Get your TAO address from your talisman.xyz
wallet.
Open up copy address page.
Search for bittensor and copy the address by clicking the copy icon on the far-right of the row (highlighted in green in the image below).
Start withdrawal process in MEXC and paste your address.
Once you've copied the address, go back to MEXC and paste it into Address
as highlighted in the image below then click Submit
.
Staking
Go to https://www.northtensor.ai/docs/staking and follow the instructions to stake your TAO.