How to Buy cDAI (CDAI) in Afghanistan

A Step-by-Step-Guide on how to buy cDAI (CDAI) in Afghanistan

Step 1 – Join CEX.io

In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. cDAI (CDAI) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate (CDAI) cDAI

Once your deposit has been approved, you'll instantly have access to your funds and you can begin purchasing and trading. To invest in (CDAI) cDAI on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to discover (CDAI) cDAI, you'll need to put the short name of the asset (CDAI) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've marked this also. Click on “CDAI/BTC” to proceed.

Step 4 – Purchasing cDAI (CDAI)

After you've spotted (CDAI) cDAI, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our Limit Order.

The field with the “Price” tag will be automatically filled with the recent tariff cDAI (CDAI) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of CDAI you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole volumen of CDAI.

When you're happy, make a mouse click on “Buy CDAI”. Your plan will be filled as soon as a Vendor trades their CDAI for the price you offered.

Step 5 – Withdraw (CDAI) cDAI

Unless you're trading, you should never keepyour coins on an Exchange for an extensive period of time. In order to take off your cDAI (CDAI), hover over the tab called “Funds” and click on “Withdraw”. cDAI (CDAI) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (CDAI) cDAI by using the given drop-down box. Enter the volumen of (CDAI) cDAI you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.

Congrats! You've successfully purchased and safed (CDAI) cDAI in Afghanistan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the (CDAI) cDAI is safe within your wallet, you're finished.