A Step-by-Step-Guide on how to buy Dai (DAI) in Antigua And Barbuda
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and to get your first 10$.
Step 2 – Transfer Your Funds to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Dai (DAI) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (DAI) Dai As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can initiate invest and trading. To purchase Dai (DAI) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot (DAI) Dai, you'll need to insert the short name of the asset (DAI) into the search-box, which is marked in the image. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “DAI/BTC” to proceed.
Step 4 – Buy (DAI) Dai After you have discovered (DAI) Dai, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Dai (DAI) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of DAI you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of DAI. When you are glad, make a mouse click on “Buy DAI”. Your plan will be filled as soon as a Vender trades their DAI for the price you submitted.
Step 5 – Withdraw Dai (DAI) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To withdraw your Dai (DAI), go to the “Funds” tab and click on “Withdraw”. (DAI) Dai can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DAI) Dai by using the given drop-down box. Put into the volumen of Dai (DAI) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.