How to obtain Measurable Data Token (MDT) coins

Measurable Data Token (MDT) can be obtained by creating a Measurable Data account, funding it with cryptocurrency, purchasing MDT on cryptocurrency exchanges, and transferring it to the Measurable Data account for use in purchasing data.

Nov 28, 2024 at 06:05 pm

How to Obtain Measurable Data Token (MDT) Coins

Introduction

Measurable Data Token (MDT) is the native cryptocurrency of the Measurable Data platform, a decentralized data marketplace that connects data providers with businesses seeking valuable insights. MDT powers the platform's ecosystem, enabling users to purchase, sell, and access data securely and transparently.

Step 1: Create a Measurable Data Account

1. Visit the Measurable Data website (https://measurable.data).
2. Click on the "Sign Up" button in the top right corner.
3. Enter your email address, create a password, and provide your personal information.
4. Verify your email address by clicking on the link sent to your inbox.

Step 2: Fund Your Measurable Data Account

1. Log in to your Measurable Data account.
2. Click on the "Deposit" button in the top right corner.
3. Select your preferred cryptocurrency (e.g., ETH, BTC, MATIC).
4. Enter the amount of cryptocurrency you wish to deposit.
5. Follow the on-screen instructions to complete the transaction.

Step 3: Purchase MDT on a Cryptocurrency Exchange

1. Choose a reputable cryptocurrency exchange that supports MDT trading, such as:

   • Binance
   • KuCoin
   • Uniswap
   • SushiSwap
2. Create an account on the exchange and complete the necessary verification steps.
3. Fund your exchange account with your preferred cryptocurrency.
4. Find the MDT trading pair (e.g., MDT/USDT).
5. Place a buy order for the desired amount of MDT.

Step 4: Transfer MDT to Your Measurable Data Account

1. In your Measurable Data account, navigate to the "Wallet" section.
2. Click on the "Deposit" button for the MDT wallet.
3. Copy the wallet address provided.
4. Withdraw MDT from the cryptocurrency exchange and input the Measurable Data wallet address as the destination.
5. Confirm the transaction and wait for the MDT to be received in your Measurable Data account.

Step 5: Use MDT to Purchase Data on Measurable Data

1. Browse the Measurable Data marketplace to find datasets that meet your needs.
2. Select the desired dataset and review its details.
3. Click on the "Purchase Data" button.
4. Enter the amount of MDT you wish to spend on the dataset.
5. Complete the purchase by following the on-screen instructions.

Step 6: Sell MDT on a Cryptocurrency Exchange (Optional)

1. Transfer MDT from your Measurable Data account to a cryptocurrency exchange.
2. Find the MDT trading pair (e.g., MDT/USDT).
3. Place a sell order for the desired amount of MDT.
4. Confirm the transaction and wait for the MDT to be sold.