How to Buy Mithril (MITH)

A Step-by-Step-Guide on how to buy Mithril (MITH)

Step 1 – Join Kraken

You will first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Mithril (MITH) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate Mithril (MITH)

Once your deposit has been affirmed, you will directly have access to your funds and you can start purchasing and trading. To invest in Mithril (MITH) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To spot Mithril (MITH), you'll need to put the shortname of the coin (MITH) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we've marked this also. Click on “MITH/BTC” to continue.

Binance Hot To Buy Mithril (MITH)
Binance How to Buy (MITH) Mithril
Step 4 – Buying Mithril (MITH)

As soon as you have discovered Mithril (MITH), 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 creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price Mithril (MITH) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of MITH you like to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of MITH.

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

Step 5 – Withdraw Mithril (MITH)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. To withdraw your Mithril (MITH), go to the ”Funds” tab and click on “Withdraw”. Mithril (MITH) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Mithril (MITH) by using the provided drop-down box. Enter the amount of Mithril (MITH) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

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

Binance Withdraw

Congratulations! You've successfully bought and safed Mithril (MITH).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (MITH) Mithril is stored within your wallet, you are done.

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