A Step-by-Step-Guide on how to buy cDAI (CDAI) in Taiwan
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. cDAI (CDAI) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate (CDAI) cDAI Once your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To purchase cDAI (CDAI) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. To locate cDAI (CDAI), you'll need to insert the shortname of the coin (CDAI) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we have marked this also. Click on “CDAI/BTC” to progress.
Step 4 – Purchasing (CDAI) cDAI As soon as you have located (CDAI) cDAI, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're making our Limit Order. The “Price” field will be filled with the up-to-date rate cDAI (CDAI) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of CDAI you want to buy. The “Total” field is the total price in BTC that you will pay for the whole volumen of CDAI. If you're satisfied, make a mouse click on “Buy CDAI”. Your plan will be filled as soon as a Seller sells their CDAI for the price you offered.
Step 5 – Withdraw (CDAI) cDAI Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your cDAI (CDAI), hover over the “Funds” tab and mouse click on “Withdraw”. cDAI (CDAI) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (CDAI) cDAI by using the given drop-down box. Enter the volumen of (CDAI) cDAI you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.