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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Mithril (MITH) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Mithril (MITH) Once your deposit has been approved, you'll now have access to your finances and you can start buying and trading. To buy Mithril (MITH) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to locate Mithril (MITH), you'll need to put the short name of the asset (MITH) into the search-box, which is highlighted in the image. Make sure you have selected the right grouping, we've highlighted this also. Click on “MITH/BTC” to continue.
Step 4 – Purchasing Mithril (MITH) Once you've discovered Mithril (MITH), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation Mithril (MITH) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of MITH you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of MITH. When you are happy, make a mouse click on “Buy MITH”. Your order will be filled as soon as a Vender sells their MITH for the price you submitted.
Step 5 – Withdraw Mithril (MITH) Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Mithril (MITH), hover over the tab called “Funds” and mouse click on “Withdraw”. Mithril (MITH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Mithril (MITH) by using the provided drop-down box. Drop in the amount of Mithril (MITH) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.