How to Buy Midas (MIDAS)

A Step-by-Step-Guide on how to buy Midas (MIDAS)

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to buy units of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first $10.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Midas (MIDAS) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you've selected the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate (MIDAS) Midas

Once your deposit has been approved, you will directly have access to your finances and you can start buying and trading. To invest in (MIDAS) Midas on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate (MIDAS) Midas, you will need to put the cointype (MIDAS) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this also. Click on “MIDAS/BTC” to go ahead.

Binance Hot To Buy Midas (MIDAS)
Binance How to Buy (MIDAS) Midas
Step 4 – Buy Midas (MIDAS)

As soon as you've found Midas (MIDAS), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the recent valuation Midas (MIDAS) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of MIDAS you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete volumen of MIDAS.

If you are glad, make a mouse click on “Buy MIDAS”. Your order will be filled when a Vendor sells their MIDAS for the price you introduced.

Step 5 – Withdraw Midas (MIDAS)

Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extended period of time. In order to withdraw your Midas (MIDAS), hover over the tab called “Funds” and mouse click on “Withdraw”. Midas (MIDAS) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Midas (MIDAS) by using the provided drop-down box. Put into the volumen of Midas (MIDAS) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Binance Withdraw

Congratulations! You've successfully purchased and safed Midas (MIDAS).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Midas (MIDAS) is stored in your wallet, you're all done.