Skip to content

How & Where to Buy Mithril A Step-by-Step Guide to Buying MITH

No exchanges offer Mithril MithrilMITH for direct purchase using cash.

To buy Mithril, you will complete a simple three step process:

  1. Buy usdtUSDT or bitcoinBTC at a trusted crypto marketplace
  2. Send your newly purchased crypto to an exchange that supports MithrilMITH
  3. Buy MithrilMITH

This entire process above will take you less than an hour. Keep reading the simple to follow step-by-step instructions below.

  1. Step 1Trade Cash For Crypto If you already own USDT or BTC that you want to swap for MITH, you can skip this step and go directly to step two.

    If you don't currently own crypto, then the first step is to get some. In this step you will be buying some bitcoinUSDT or usdtBTC. You are buying USDT or Bitcoin because you can swap them directly for MithrilMITH on most exchanges.

    Click the "Visit Binance.US" button below to sign up at Binance.US — our favorite place for beginners to make their first crypto purchase.

    • logo
      Ease of use
      Time to 1st Buy
      24 hrs
      24h Volume

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

    Complete the steps to register & verify your new Binance.US account & then purchase USDTUSDT or USDTBTC.

  2. STEP 2Send Crypto to MITH Exchange

    Now that you have USDTUSDT or btcBTC you need to send it to an exchange that supports MithrilMITH.

    Listed below are our top-rated exchanges that support Mithril trading. All of the exchanges below are vetted by our editorial review process and have industry leading security and trading features. Sign up at one of the exchanges below, and then withdraw your USDTUSDT or btcBTC to the deposit address on this new exchange where you will trade for MithrilMITH.

    Best Mithril (MITH) Exchanges

    • dxrS0XbM 400x400
      Ease of use
      Time to 1st Buy
      1 hour
      24h Volume

      No exchange has seen such a rapid and prominent rise in recent times as crypto-only US-based exchange With rock-solid security, low trading fees, and a user-friendly platform, we can see why they’re popular, but what really attracts new users to the platform is the immense number of altcoins.

      • K12utOe0 400x400
        Ease of use
        Time to 1st Buy
        1 hour
        24h Volume

        One of the fastest-growing exchanges in the industry. Large daily trading volumes and a wide variety of coins are making it a popular pick for regular traders. Crypto-only DigiFinex has a bright future, with zero hacks, great liquidity, and a friendly user interface. Users can also engage in margin trading and derivatives. Suitable for more experienced traders.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  3. Step 3Trade Crypto For Mithril (MITH)

    Now that you have USDTUSDT or btcBTC deposited into an exchange that supports MithrilMITH trading, the last step is to trade your crypto for MithrilMITH.

    To trade for MithrilMITH you will navigate to the "markets" page in the navigation on most exchange websites. Once you are in the "markets" screen, you will search for "MITH".

    • If you bought USDTUSDT then select MITH / USDT
    • If you bought btcBTC then select MITH / BTC

    Making the Trade

    Now that you are on the trading screen, you will likely see a big price chart with red and green lines, and a bunch of very long numbers that are moving very fast. This can be intimidating, but what you are looking for is a box where you can input how much you want to buy and a big "Buy MITH" button. For this example, we will use Kucoin.

    buying MITH You are looking for the little box that has the buy button.
    (They really hide it don't they!)

    The exchange you sign up for in Step One may look different than the images shown here, but all exchanges use similar layout and terms.

    Completing Your Mithril Purchase

    After you find successfully locate the trading screen and the purchase interface within the MITH trading screen, you will create your order, trading either USDTUSDT or btcBTC. In the screenshot below, you have purchased USDT in Step One.

    1Select "Market" order type
    2Add your purchase amount
    3Click "Buy MITH"
    SNT market order

    Once you locate the "buy" input, select a "market" order and input the amount of USDTUSDT or btcBTC that you wish to spend. Once you are satisfied with your purchase amount, you will click "buy" and the trading platform will buy MithrilMITH at the current market price. You don't have to worry about all the other numbers and lines on the screen unless you want to learn more about advanced trading.

    🎉 Congratulations! You are now the proud owner of MithrilMITH.

Mithril Research Center

Mithril Technical Details & Statistics

  • Market Rank634
  • Market Cap35,735,200
  • Circulating Supply1,000,000,000
  • Total Supply1,000,000,000 MITH
Yesterday's Trading
  • 24 HR Volume10,285,779 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Mithril?

An Ethereum token designed to reward social media posters, Mithril (MITH) describes itself as “a decentralized social media platform that rewards all content creators.” Under this premise, they believe that not only the largest and most powerful content creators should be rewarded for their social media contributions and that everybody should have a chance at content monetization.

Mithril distributes tokens in a process known as Social Mining and plans to integrate itself with major social media platforms like Facebook, YouTube, and Twitter. Users will be able to spend their tokens among merchants registered in the Mithril Merchant Network as well as at a number of online service providers.

History of Mithril

Mithril was developed in 2017 by Jeffrey Huang in Taiwan, along with a blockchain media company called 17 Media. The project has advisors from Sora Ventures, Pantera Capital, QTUM Foundation, AMIS, Mr.Block, and Blockstate.

A total of one billion tokens were created, with 300 million being sold in “private placement.” Mithril opted to forgo the usual ICO process, instead directly distributing tokens to content creators and members of the Lit social network. Upon launch in March 2018, retail acceptance began in Hong Kong and Taiwan as test markets. By the end of the month, Mithril had already surpassed the $100 million market cap level, making it one of the fastest growing tokens to ever hit cryptocurrency exchanges. As of July 2018, this number had tripled in size to over $300 million.

How Mithril Works

Mithril is an Ethereum token with smart contract features that allow for its integration with various social media platforms. Presently, Mithril is integrated with the social network Lit, where tokens are distributed based on the number of responses a post or a picture receives. Thus, Mithril employs a unique method of distribution which they call “social mining,” using an algorithm designed to ensure that no individual can “game” the system in order to obtain an undue reward. Mithril tokens can also be bought and sold in their in-platform exchange.

Why Mithril?

One of the most successful social media cryptocurrencies to ever hit the markets, Mithril offers some unique features not enjoyed by other coins/tokens:

Social Media Monetization – tokens can be obtained from posting successful content on social media platforms (currently limited to Lit), removing the need for traditional mining or staking, which can be quite costly.

In-House Exchange – tokens can be purchased using the Mithril Vault exchange for bitcoin or Ethereum, which is a central feature of the token’s platform.

Developing Merchant Network – MITH tokens do not need to be exchanged for other cryptocurrencies to be used for online service purchases, as the Mithril Merchant Network is already in operation and always in a process of expansion.

No Minimum Requirements – As Mithril is based in the Ethereum network, it is completely decentralized, meaning anybody can register to be a Lit platform member and receive MITH tokens; there is no minimum amount of activity required, other than user posts must be liked, shared, or commented upon in order to eligible to receive MITH.