Purchasing Midas (MIDAS) on the Binance platform
There is no doubt one of the top-notch trading platforms in the world today is Binance.
Therefore, the first thing you should to do if you need to start operating on it is to figure out how to buy Midas (MIDAS).
This article is intended to guide the reader on how to trade with Midas (MIDAS) on the Binance Midas (MIDAS) platform.
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Discover ways to register on Binance
To be able to buy Midas (MIDAS) on Binance, what you have to know indeed is how to register.
Registering to the Binance platform is quite simple: see the following instructions.
Navigate to the Binance homepage and click on the "Register" option.
Here you have the direct link to Binance.
Look for the "Register with a phone or email" button in the main page and click on it.
This can also be done with any Apple device.
In this post we’ll will describe the subscription technique using an email address.
- In the window you’ll immediately see, select your country of residence from the drop down list.
- Following, enter your e-mail address and a safety password. Be well aware that you are going to invest your money, so you ought to give relevance to the password you select
- Indicate whether you wish Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and press "Create Account"
Check the inbox in the email address you used for sign up and search the activation code exclusive of your account. Write it in the corresponding line and press "Send"
Finally, your Binance subscription has been activated.
It would be a good idea to have a walk through the different options of the Binance platform and become familiar with them.
You’ll realize how easy is to start operating with Midas (MIDAS).
The ID verification is a required step you need to complete to get access to all those options.
Notice: No Midas (MIDAS) operation will be permitted if you ignore this safety step.
But no need to worry, read the next section to know how to do it.
Verify your account to begin trading
To become a certified customer you have to complete the steps described below:
From the user profile menu, click on "Security"
Or just look for the "Verify" button on the top of the navigator window
In the list shown on the left-hand part of the navigator window, pick the "Identification" option.
Here you must pick your country of residence.
The platform will show you three verification levels: the current one, the Verified, and the Verified Plus.
To begin, you must select "Verified", clicking on the "Start now" option under that label.
Then it displays a pop-up window where you will have to provide the following data:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
Here, the Binance platform will ask you to use a legal document for identity checking.
You can do this with your passport, ID card, or license.
Now, you will be asked to take a selfie, according to the application’s requirements.
Now you will have to wait for a short time while an account verification process takes place.
Now be patient, Binance will send you an email once your application has been approved.
Congratulations! Now you’re officially enabled to operate with Midas (MIDAS). See the guidelines that follow.
Learn to buy Midas (MIDAS) on Binance
Starting your Midas (MIDAS) trading career has never been so simple, right?.
Learning how to convert money into Midas (MIDAS) is not so difficult.
At this point, the Binance platform will ask you to present a legal document for identity checking.
ID card, passport or even a license will be enough to complete this requirement.
Now the platform will require you to take a selfie under certain conditions.
The last step will be carried out by the Binance system: a certification process that will take only a short time.
So, wait patiently, Binance will send you an e-mail when your profile has been approved.
The following instructions will guide you through the Midas (MIDAS) trading process. As soon as you’ve received the confirmation email, you are a Binance licensed Midas (MIDAS) trader.
How to purchase Midas (MIDAS) on Binance
All right, account verified means you can begin purchasing Midas (MIDAS) immediately.
First you need to know how to make a purchase of Midas (MIDAS).
Some steps might have optional paths
To find out which options can be found when buying, browse through the "Buy cryptos" menu on the Binance main page.
You have to, of course, do that after you’ve signed into your account
Hovering your mouse pointer over this button will show a list of alternatives for making your purchase.
Next, you’ll need to show a legal document to verify your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Now, you will have to take a selfie, according to the platform’s guidelines.
Now you will have to wait for a short time while an account verification process takes place.
When your profile has been accepted, you’ll be notified via e-mail, just be patient.
Upon receiving that e-mail it’s time to purchase Midas (MIDAS), to do so see the instructions below.
Purchasing Midas (MIDAS) on Binance
Now that you have registered on the platform and have your account verified, you can start trading.
The first thing is to know how to buy a Midas (MIDAS).
You may find more than one option throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
You will need to, of course, try this once you are logged into your account
Place your mouse on this option and a list of buying alternatives will deploy.
Making use of your debit or credit card for buying cryptos
What you will do to purchase the Midas (MIDAS) you want using a credit card, is to pick this option from the "Buy Cryptos" drop-down menu.
Read on for detailed guidelines:
Currency to be used and how much you will invest should be defined here.
In the next field you must pick the Midas (MIDAS) you intend to buy
Taking into account the amount of USD you have previously specified, the system will automatically display the number of Midas (MIDAS) you’ll get.
Read on for further directions:
Currency preferred and how much to invest must be stated in the next box.
The the Midas (MIDAS) you’d like to buy must be indicated in the second field
Taking into account the amount of USD you have previously indicated, the system will immediately show you the quantity of Midas (MIDAS) you will be given.
Click on "Continue".
Now it’s time to define the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" field the button "Add card".
Card numbers must be completed in this step, then press "Next".
Now indicate the physical address details of the CC. Then select "Add card".
Now that your new card has been included, click on "Continue".
The platform will now display the synthesis of the order you are generating. The sum you are paying with the currency you’ve selected, and the Midas (MIDAS) you will get.
It will also show you the commission will be charged for the purchase.
Within the next 60 seconds click on "Confirm", and then the order will expire automatically.
The platform will now redirect you to the credit card issuing bank. Then you would make a normal on-line payment using your credit card.
Your recently bought Midas (MIDAS) will be deposited to your Binance e-wallet (called the «Spot Wallet») after the banking process is complete
Know how to buy Midas (MIDAS) with Binance P2P
You may get Midas (MIDAS) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. To get this done, the first step is to specify the payment method you wish to make use of.
Next, all the relevant details of the operation will be displayed: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you will receive.
It will also show you the commission will be charged for the operation.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The Binance system will now reroute you to the bank issuing the credit card. Follow the directions in the same way you would normally make a payment with your credit card.
As soon as the banking process has been completed, you will have your purchased Midas (MIDAS) in your Binance e-wallet (called the «Spot Wallet»)
Know how to purchase Midas (MIDAS) via Binance P2P
You may buy Midas (MIDAS) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To do this, the first step is to add the payment method you wish to make use of.
- Go to your profile and click on "Security".
- From the list on the left-hand side select "Payment".
- After Clicking on "Add a Payment Method" the system will guide you through the rest of the procedure.
Once you finished adding the new payment method to your account, move to the "Buy Crypto" menu (upper part of the display), find the "Trading P2P" option, and follow the instructions below:
- On the top bar of the "P2P Account" menu, pick "Buy"
- This bar contains the list of Midas (MIDAS) available for purchase via P2P operations. Choose the one you would like to buy, for this exercise we will present «USDT» as an example.Purchasing one of these Midas (MIDAS) in P2P trading will allow the subscriber to exchange it on the Binance platform for any of the currencies available.
- Choose the currency you want to pay with from the drop-down menu under the "Fiat" label, for instance, «VES».
- In the "Amount" box, type the sum in VES you intend to buy with.
- Once you’ve selected the payment method, the Binance system will show you a register of dealers’ offers.
- Select a seller from the displayed list. We recommend that you pick a verified one with a high completed sales rate.
- Select "Buy USDT"
- In this step, the amount you wish to invest in VES must be typed
- Press "Buy USDT" again
- This will open an order where you will have contact with the seller. Pay within the time limit and press "Transferred, Next" and then press "Confirm".
Ways to transfer your Midas (MIDAS) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception validation has been done.
The place where Midas (MIDAS) are added to is your account wallet.
NB: you need to move them to your Spot Wallet in order for you to get another cryptocurrency.
To do this, you only need to press "Transfer to Spot Wallet" once the buying order has been completed.
Should you forget to follow this step right after the purchase, no problem at all: you’ll be able to do it at any moment.
How to transfer your Midas (MIDAS) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception acknowledge has been done.
This way, they will quickly be deposited into your wallet.
But in order for you to get any other Midas (MIDAS), you need to transfer them to your Spot Wallet.
You can do this immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
If you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll always be able to do it later.
- Drop the "Wallet" list down and select the "Wallet Funds" option.
- Now press "Transfer" option on the upper right area of the screen.
- In the pop-up window, swap the «From» and «To» options so that it looks like this:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have funds, in the example here we use «USDT»
- Type the amount you are about to move for the Exchange and press "Confirm".
That’s it! This way you will have money in the Spot Wallet so you will be able to trade any of the several of Midas (MIDAS) within the Binance platform.
Discover how easy is to purchase any crypto from the Binance platform:
- In the top section, find the "Trading" menu.
- Press "Convert" from the list.
- Indicate the sum of «USDT» you would like to spend.
- Choose the cryptocurrency you wish to purchase.
- Choose "Preview conversion".
- Validate the operation and that’s all. You will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s all! This way you will have money in the Spot Wallet and you will be able to buy any of the several of Midas (MIDAS) that the Binance platform has.
Note how simple is to buy any cryptocurrency from Binance:
- In the top section, find the "Trading" menu.
- From the listing choose the "Convert" alternative.
- Indicate the sum of «USDT» you want to spend.
- Choose the cryptocurrency you would like to get.
- Press "Preview conversion".
- Confirm the transaction and that’s it. You will have the amount of the chosen cryptocurrency in your Spot Wallet.
This text have surely pictured you a wide panorama of what Binance is and how you can trade Midas (MIDAS) on it.
Don’t wait any further and start generating an extra income.