How to Buy Dai (DAI) in Finland

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

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and to get your first $10.

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Dai (DAI) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've selected the precise coin you want to deposit.

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

Step 3 – Locate Dai (DAI)

As soon as your deposit has been verified, you'll instantly have access to your assets and you can start purchasing and trading. To invest in Dai (DAI) on Binance, you will want to go to the tab which is calledExchangeand mouse click onBasic”.

In order to discover (DAI) Dai, you'll need to put the shortname of the coin (DAI) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have marked this too. Click onDAI/BTCto continue.

Step 4 – Purchasing Dai (DAI)

After you've located (DAI) Dai, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order.

The field with thePricetag will be filled with the latest valuation Dai (DAI) was sold for. You can change this to your preferred price. TheAmountfield is the quantity of DAI you like to buy. The field with theTotaltag is the whole price in BTC that you'll pay for the whole volumen of DAI.

If you are glad, click onBuy DAI”. Your plan will be filled when a Vendor sells their DAI for the price you introduced.

Step 5 – Withdraw Dai (DAI)

Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. To withdraw your (DAI) Dai, hover over theFundstab and click onWithdraw”. (DAI) Dai can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DAI) Dai by using the given drop-down box. Enter the amount of Dai (DAI) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, click onSubmit”. You may be asked for email/phone verification before a take off.

Congrats! You've successfully purchased and safed (DAI) Dai in Finland.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (DAI) Dai is stored inside your wallet, you're finished.