How to Buy Mithril (MITH) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy Mithril and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Mithril.
  2. Register a new account.
  3. Fund your account.
  4. Buy Mithril.
MITH
$0.00073851282136327

These steps are simple if you know where to buy Mithril cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Mithril (MITH) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Mithril Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

35

Only

35

of these exchanges sell Mithril.

We then filter down the entire set of possible marketplaces to only the ones that have active MITH markets.

16

Only

16

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

6

Only

6

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Kraken

VISIT Kraken Read Review
Reasons we ♥ Kraken
Top-Notch Security
Advanced Trading Options
Educational Commitment
Competitive Fee Structure
Exceptional Customer Support
CRYPTOCURRENCIES: 254
FUNDING:
Bank Transfer (ACH)
,
Wire Transfer
,
Paypal
,
SEPA
,
Interac
,
BLINC
,
CHAPS (ClearJunction)
,
FPS (ClearJunction)
,
SWIFT
,

Step 2Register Your New Account

Registering for a Kraken account is a straightforward process designed to give users quick access to its cryptocurrency trading services. The process emphasizes both ease of use and security, ensuring a smooth start for new users.

Here's a step-by-step guide on how to register:

  1. Visit the official Kraken website.
  2. Click on the "Create Account" button located in the upper-right corner of the homepage.
  3. Enter your email address, choose a username (which cannot be changed later), and create a strong password.
  4. Read and agree to Kraken's Terms of Service and Privacy Policy, then click the "Create account" button.
  5. Check your email for an activation message from Kraken, which will include an activation key.
  6. Enter this activation key on the account activation form, or click the link provided in the activation email.
  7. Confirm your password and complete any required captcha verification.
  8. Once these steps are completed, your Kraken account will be successfully created and ready for use.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy Mithril cryptocurrency.

You can buy Mithril on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy Mithril (MITH)

After registering and funding your account at , you should be able to buy Mithril after your deposit finishes processing. After you receive your MITH, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Mithril Exchanges

Mithril is also available on these exchanges:


Frequently Asked Questions

Yes, Mithril is safe to buy. It is listed for trade on some of our top-rated exchanges including Zengo, Binance, Coinbase Exchange, Bybit, OKX, Kraken, KuCoin, Gate.io, BingX.

You can buy Mithril instantly at Zengo, Binance, Coinbase Exchange using their instant buy feature or a credit card.

Yes you can buy less than one (1) MITH. Cryptocurrencies in general are divisible to 16 decimal places.

To buy Mithril, you will need to deposit funds into your exchange account - which usually has no fees - and then buy MITH, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of Mithril at Zengo, Binance, Coinbase Exchange.

Mithril Investment & Buying Guide

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.

Mithril (MITH)
Price
$0.00073851282136327
24h Change
-0.4
7d Change
-5.2