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).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Mithril (MITH) 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 have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Mithril (MITH) As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can commence buying and trading. To buy Mithril (MITH) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To locate Mithril (MITH), you'll need to insert the shortname of the coin (MITH) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “MITH/BTC” to advance.
Step 4 – Purchasing Mithril (MITH) Once you have located Mithril (MITH), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Mithril (MITH) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of MITH you wish to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete amount of MITH. When you are glad, click on “Buy MITH”. Your plan will be filled as soon as a Vendor trades their MITH for the price you submitted.
Step 5 – Withdraw Mithril (MITH) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time frame. To take off your Mithril (MITH), go to the tab called “Funds” and mouse click on “Withdraw”. Mithril (MITH) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Mithril (MITH) by using the provided drop-down box. Put into the amount of Mithril (MITH) you would wish 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 on “Submit”. You may be asked for verfication via email/phone before a withdrawal.