MIR COIN (MIR) is a digital asset. MIR can get generated by users through the mining process. The current quantity of MIR COIN is 1,300,000,000, with 780,627,480.525 in circulation. MIR COIN’s last known price was $0.003828, up 33.10 percent in the 24 hours. It gets currently traded on seven active market(s), with a total volume of $519,429.413 traded in the last 24 hours. http://www.mircoin.io/ contains further details.
MIR is now ranked 677 on Coinmarketcap, and as of this writing, gained by 33.10 percent. It is available for purchase on cryptocurrency exchanges, but unlike other major cryptocurrencies, it cannot be acquired directly with fiat currency. You may still buy this coin by first purchasing Bitcoin on any major exchange and then transferring to a MIR-trading platform.
In this guide, we’ll walk you through the steps of buying MIR in great detail. So, let’s get started.
- Register on Coinbase
To begin, you’ll need to purchase one of the major cryptocurrencies, most often Bitcoin (BTC) or Ethereum (ETH) (ETH). We’ll utilize Coinbase because it’s one of the most popular fiat-accepting cryptocurrency exchanges. After purchasing $100 worth of cryptos, use this link to register at Coinbase and earn a free $10 worth of BTC.
To get initiated, enter your email address and select ‘Get started.’ Coinbase would need your real name to validate your profile, so be sure you supply it. To secure your profile from attackers, create a strong password.
A confirmation email will get sent to you once you have completed the registration process. Open it and follow the on-screen instructions. You will be asked for a valid mobile phone number to enable two-factor authentication (2FA). That adds an extra degree of security to your account, so keep it set on.
Continue to the next step to complete your identity verification. These techniques may appear scary, especially if you’re waiting to purchase an asset. But Coinbase, like all other financial institutions, is regulated in the countries, including the United States, the United Kingdom, and the European Union. It might get thought of as a fee for using a trusted site to make your first cryptocurrency purchase. The good news is that the KYC procedure is now totally automated and takes about 15 minutes.
- Buy coins with fiat money
Following the KYC process, you will get required to pick a source of funds. A credit/debit account or a direct deposit can get used to compensate. You’ll spend more if you paid with a credit card, but you’ll be capable of completing the payment right away. While a bank transfer is less expensive but takes longer depending on where you are, some nations, such as the Netherlands, allow for quick and low-cost cash deposits, such as iDeal in various European countries. Now that you’re ready. Go to the top left and click the “Trade” option, then select the currency you wish to acquire and confirm your transaction.
- Transfer your cryptos to an Altcoin Exchange
But that’s not all; because MIR is an altcoin, we’ll need to transfer our coins to an exchange where MIR can get exchanged; in this case, BitForex. BitForex is a prominent alternative currency exchange that offers cryptocurrency pairs for trading. You’ll be requested to set up 2FA authentication after going through a similar process to what we did with Coinbase. Do so because it gives an additional layer of security to your account.
- Deposit BTC to exchange
We don’t need to go through account verification because we are trading crypto-to-crypto pairs. Simply go to your dashboard’s deposit section.
The screen here may appear intimidating if this is your first time making a bitcoin deposit. But don’t worry, it’s a lot easier than transferring money from one account to another. In the right-hand box, you’ll see a series of random integers that spells out the BTC address. That is the public address of your BitForex Bitcoin wallet, and you can receive Bitcoin by showing it to the person who is sending you the currency. Because we’ll be moving already purchased bitcoin from Coinbase to this wallet, click “Copy Address” or right-click on the address and select copy to copy it to your clipboard.
Return to Coinbase, select Bitcoin from your asset list, and click “Send” on the right.
Paste the wallet address into the Recipient field; you should always double-check that the two addresses are identical for security reasons. Certain computer viruses have to get known to convert the contents of your clipboard into a different wallet address, forcing you to send money to someone else.
Click “Send” to continue. You should receive a confirmation email right away; simply click the confirmation link in the email, and your coins will get sent to BitForex!
Return to BitForex and go to your exchange wallets; if your deposit isn’t visible here, don’t get concerned. It’s most likely still getting verified in the blockchain network, so expect your coins to appear in a few minutes. It may take significantly longer during peak times, depending on the state of the Bitcoin network’s network traffic.
Once your deposit gets received, BitForex should send you a confirmation notification. Finally, you’re ready to buy MIR!
- Trade MIR
Return to BitForex and select Exchange>Basic from the drop-down menu. Boom! What a breathtaking panorama! The continually flickering figures are a little frightening at first, but relax; we’ll figure it out.
There is a search bar in the right column. Now pick “BTC” because we are trading BTC for altcoins. When you click it and type in “MIR,” you should see MIR/BTC appear. Select that pair, and a price chart for MIR/BTC should appear in the middle of the page.
A green button that says “Buy MIR” is located underneath the box. Select the “Market” tab from the drop-down menu because it is the purchase order. You can input a dollar amount or use the percentage buttons to choose a percentage of your BTC deposit to spend on purchases. Click “Buy MIR” when you’re double-checking everything. Voila! MIR is now yours!
Apart from the exchange(s) mentioned above, there are a few additional major crypto exchanges with substantial user bases and reasonable daily trading volumes. You’ll be able to sell your coins at any time and a lower price as a result of this. It gets advised that you register on these exchanges. Because once MIR is listed there, it will receive a substantial amount of trading volume from customers, resulting in fantastic trading opportunities for you!
- Is it possible to pay cash for MIR?
MIR can’t be purchased directly with cash. However, you can buy Bitcoin via a marketplace like LocalBitcoins and then move your bitcoin to the appropriate AltCoin exchanges to complete the rest of the processes.
- Is there any way to get MIR quickly in Europe?
Yes, Europe is one of the most convenient areas to buy cryptocurrency in general. You may even open an account with an online bank and send money to exchanges like Coinbase and Coinmama. Bunq, N26, and Revolut are three of Europe’s most popular online banks.
- Is there a way to buy MIR or Bitcoin with a credit card on a different platform?
Yes. Changelly is a user-friendly website for purchasing Bitcoin with credit cards. It’s a real-time cryptocurrency exchange that lets you buy and sell cryptocurrencies with a credit card. It has a highly user-friendly interface, and the purchasing process is self-explanatory.
MIR is an Ethereum token that regulates the Mirror Protocol, which “allows the development of fungible assets that reflect the price of real-world assets.” By minting “synthetic” versions of the real thing, the idea hopes to enable 24/7 equities trading.