How to Buy Midas (MIDAS) in Australia

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

Step 1 – Signup to Coinmama

In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Midas (MIDAS) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've selected the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate {Midas (MIDAS)|(MIDAS) Midas}

As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can commence buying and trading. To purchase {Midas (MIDAS)|(MIDAS) Midas} on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find {Midas (MIDAS)|(MIDAS) Midas}, you'll need to put the short name of the asset (MIDAS) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we have marked this also. Click on “MIDAS/BTC” to advance.

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

After you have found {Midas (MIDAS)|(MIDAS) Midas}, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to create our Limit Order.

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

When you're happy, make a mouse click on “Buy MIDAS”. Your plan will be filled when a Vender sells their MIDAS for the price you submitted.

Step 5 – Withdraw {Midas (MIDAS)|(MIDAS) Midas}

Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. In order to take off your {Midas (MIDAS)|(MIDAS) Midas}, hover over the ”Funds” tab and click on “Withdraw”. {Midas (MIDAS)|(MIDAS) Midas} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Midas (MIDAS)|(MIDAS) Midas} by using the given drop-down box. Drop in the quantity of {Midas (MIDAS)|(MIDAS) Midas} you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, click “Submit”. You could be asked for email/phone verification before a take off.

Kudos! You've successfully purchased and safed Midas (MIDAS) in Australia.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the {Midas (MIDAS)|(MIDAS) Midas} is stored in your wallet, you're finished.

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