A Step-by-Step-Guide on how to buy cDAI (CDAI) in Moldova
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. cDAI (CDAI) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate cDAI (CDAI) As soon as your deposit has been approved, you'll immediately have access to your assets and you can start invest and trading. To invest in (CDAI) cDAI on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. To discover cDAI (CDAI), you will need to put the cointype (CDAI) into the search box, which is highlighted in the image. Be certain of having selected the proper pairing, we have highlighted this too. Click on “CDAI/BTC” to go on.
Step 4 – Buying cDAI (CDAI) As soon as you've located (CDAI) cDAI, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate (CDAI) cDAI was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of CDAI you like to buy. The “Total” field is the whole price in BTC that you will settle for the complete amount of CDAI. When you're satisfied, click on “Buy CDAI”. Your plan will be filled as soon as a Vendor sells their CDAI for the price you gave.
Step 5 – Withdraw cDAI (CDAI) Unless you're trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time period. To withdraw your cDAI (CDAI), go to the tab called “Funds” and mouse click on “Withdraw”. cDAI (CDAI) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (CDAI) cDAI by using the provided drop-down box. Enter the amount of cDAI (CDAI) you would like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.