How to Buy Midas (MIDAS)

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).

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Midas (MIDAS) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've chosen the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate Midas (MIDAS)

As soon as your deposit has been verified, you'll directly have access to your funds and you can begin buying and trading. To invest in Midas (MIDAS) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover Midas (MIDAS), you will need to put the short name of the asset (MIDAS) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this also. Click on “MIDAS/BTC” to continue.

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

Once you've discovered Midas (MIDAS), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most recent rate Midas (MIDAS) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of MIDAS you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of MIDAS.

If you are glad, make a mouse click on “Buy MIDAS”. Your order will be filled as soon as a Vender sells their MIDAS for the price you offered.

Step 5 – Withdraw Midas (MIDAS)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. To withdraw your Midas (MIDAS), go to the tab called “Funds” and click on “Withdraw”. Midas (MIDAS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Midas (MIDAS) by using the provided drop-down box. Drop in the amount of Midas (MIDAS) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and stored Midas (MIDAS).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (MIDAS) Midas is safe inside your wallet, you are done.
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