How to Buy cDAI (CDAI) in Bosnia And Herzegovina

A Step-by-Step-Guide on how to buy cDAI (CDAI) in Bosnia And Herzegovina

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. 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 Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find (CDAI) cDAI

As soon as your deposit has been approved, you will immediately have access to your assets and you can begin purchasing and trading. To invest in (CDAI) cDAI on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

To spot (CDAI) cDAI, you will need to insert the short name of the asset (CDAI) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we have marked this too. Click on “CDAI/BTC” to go on.

Step 4 – Buying cDAI (CDAI)

After you have discovered cDAI (CDAI), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our Limit Order.

The “Price” field will be filled automatically with the up-to-date rate cDAI (CDAI) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of CDAI you want to purchase. The “Total” field is the whole price in BTC that you will pay for the whole volumen of CDAI.

If you are satisfied, click on “Buy CDAI”. Your plan will be filled as soon as a Seller trades their CDAI for the price you gave.

Step 5 – Withdraw (CDAI) cDAI

Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time frame. In order to take off your cDAI (CDAI), hover over the “Funds” tab and mouse click on “Withdraw”. (CDAI) cDAI can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CDAI) cDAI by using the provided drop-down box. Enter the amount of (CDAI) cDAI you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Congratulations! You've successfully bought and safed (CDAI) cDAI in Bosnia And Herzegovina.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the cDAI (CDAI) is stored inside your wallet, you're done.