How to Buy Dai (DAI) in Cyprus

A Step-by-Step-Guide on how to buy Dai (DAI) in Cyprus

Paso 1 – Signup to Coinbase and get 10$ gratis

You'll first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first $10.

Paso 2 – Send Your Funds to an Exchange

Tu Bitcoin (BTC) o Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Dai (DAI) se puede obtener en Binance, so we will use that as an sample. No estoy seguro de cómo enviar fondos desde Coinbase a un Crypto Exchange? (Just follow this how-to)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Paso 3 – Locate Dai (DAI)

Once your deposit has been confirmed, you will instantly have access to your finances and you can initiate purchasing and trading. To buy (DAI) Dai on Binance, you will want to go to the “Intercambiar” tab and after that click on “Básico”.

To locate Dai (DAI), you'll need to insert the cointype (DAI) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this also. Haga clic en “DAI/BTCto progress.

Paso 4 – Purchase Dai (DAI)

After you've found Dai (DAI), you will be presented with a Chart with Prices (en el centro de la imagen) y algunos libros de pedidos (a la izquierda de la imagen). Next we're creating our own Limit Order.

El campo con el “Precio” tag will be automatically filled with the up-to-date price (DAI) Dai was traded for. This can be changed to your desired price. los “Cantidad” field is the amount of DAI you like to buy. El campo con el “Total” tag is the total price in BTC that you'll pay for the complete volumen of DAI.

When you are satisfied, make a mouse click onBuy DAI”. Your plan will be filled as soon as a Vendor trades their DAI for the price you gave.

Paso 5 – Withdraw Dai (DAI)

Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Dai (DAI), hover over the tab called “Fondos” y haga clic en “Retirar”. (DAI) Dai can be stored safely using a Wallet, por ejemplo MyEtherWallet. (Guía de configuración de MyEtherWallet)

Locate (DAI) Dai by using the provided drop-down box. Put into the quantity of Dai (DAI) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

Si eres feliz, make a mouse click on “Enviar”. You may be requested for verfication via phone/email before a withdrawal.

Kudos! You've successfully purchased and safed (DAI) Dai in Cyprus.

Eso es!

Take offs from Crypto Trader can durate between 1 – 30 minutos (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Dai (DAI) is safe inside your wallet, you're all done.