How to Buy Midas (MIDAS)

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

Step 1 – Signup to CEX.io

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Funds to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Midas (MIDAS) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Midas (MIDAS)

Once your deposit has been affirmed, you will directly have access to your finances and you can commence purchasing and trading. To buy Midas (MIDAS) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find Midas (MIDAS), you will need to put the shortname of the coin (MIDAS) into the search-box, which is highlighted in the picture. Be certain of having choosen the right grouping, we've highlighted this too. Click on “MIDAS/BTC” to go on.

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

As soon as you have discovered Midas (MIDAS), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate Midas (MIDAS) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of MIDAS you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete volumen of MIDAS.

If you're satisfied, click on “Buy MIDAS”. Your order will be filled as soon as a Vendor sells their MIDAS for the price you submitted.

Step 5 – Withdraw (MIDAS) Midas

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time frame. To withdraw your (MIDAS) Midas, go to the ”Funds” tab and click on “Withdraw”. (MIDAS) Midas can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (MIDAS) Midas by using the given drop-down box. Drop in the quantity of (MIDAS) Midas you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are happy, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

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

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the Midas (MIDAS) is safe in your wallet, you're all done.