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 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Midas (MIDAS) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Midas (MIDAS) Once your deposit has been approved, you'll directly have access to your funds and you can initiate purchasing and trading. To buy Midas (MIDAS) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to locate Midas (MIDAS), you'll need to put the cointype (MIDAS) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've highlighted this also. Click on “MIDAS/BTC” to go on.
Step 4 – Purchasing Midas (MIDAS) Once you've located Midas (MIDAS), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff Midas (MIDAS) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of MIDAS you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of MIDAS. When you are glad, click on “Buy MIDAS”. Your plan will be filled when a Vendor sells their MIDAS for the price you gave.
Step 5 – Withdraw Midas (MIDAS) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. To withdraw your Midas (MIDAS), go to the ”Funds” tab and mouse click on “Withdraw”. Midas (MIDAS) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Midas (MIDAS) by using the provided drop-down box. Enter the volumen of Midas (MIDAS) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.