A Step-by-Step-Guide on how to buy Midas (MIDAS)
Step 1 – Join Kraken In the beginning you'll need to buy units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Midas (MIDAS) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Midas (MIDAS) Once your deposit has been verified, you will now have access to your finances and you can start buying and trading. To invest in Midas (MIDAS) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot Midas (MIDAS), you'll need to put the shortname of the coin (MIDAS) into the search-box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked this too. Click on “MIDAS/BTC” to continue.
Step 4 – Buy Midas (MIDAS) Once you have located Midas (MIDAS), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Midas (MIDAS) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of MIDAS you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole quantity of MIDAS. If you are glad, click on “Buy MIDAS”. Your plan will be filled as soon as a Seller sells their MIDAS for the price you submitted.
Step 5 – Withdraw Midas (MIDAS) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an longer period of time. To withdraw your Midas (MIDAS), go to the ”Funds” tab and mouse click on “Withdraw”. Midas (MIDAS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Midas (MIDAS) by using the given drop-down box. Put into the volumen of Midas (MIDAS) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You could be asked for phone/email verification ahead of a take off.
Congratulations! You have successfully purchased and stored Midas (MIDAS).That's it! Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the (MIDAS) Midas is safe inside your wallet, you are done.
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