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How to Buy Midas (MIDAS)

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

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and to get your Bitcoin or Ethereum.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Midas (MIDAS) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find Midas (MIDAS)

Once your deposit has been verified, you will immediately have access to your finances and you can launch purchasing and trading. To invest in Midas (MIDAS) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”.

In order to locate Midas (MIDAS), you will need to insert the shortname of the coin (MIDAS) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this too. Click on “MIDAS/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Midas (MIDAS)
Step 4 – Purchase Midas (MIDAS)

Once you have discovered Midas (MIDAS), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the latest price Midas (MIDAS) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of MIDAS you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of MIDAS.

If you're glad, click on “Buy MIDAS”. Your order will be filled when a Vendor sells their MIDAS for the price you introduced.

Step 5 – Withdraw Midas (MIDAS)

Unless you are trading, never keep your coins on an Crypto Exchange for an longer time frame. To withdraw your Midas (MIDAS), go to the ”Funds” tab and mouse click on “Withdraw”. Midas (MIDAS) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Midas (MIDAS) by using the provided drop-down box. Enter the quantity of Midas (MIDAS) you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.

Congrats! You've successfully bought and stored Midas (MIDAS).

That's it!

Take offs from Crypto Exchange can durate 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 within your wallet, you're all done.

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