How to Buy cDAI (CDAI) in Chad

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

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting your first 10$.

Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. cDAI (CDAI) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (CDAI) cDAI

Once your deposit has been confirmed, you will directly have access to your finances and you can start invest and trading. To purchase (CDAI) cDAI on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot cDAI (CDAI), you will need to insert the shortname of the coin (CDAI) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “CDAI/BTC” to go ahead.

Step 4 – Purchasing (CDAI) cDAI

As soon as you've spotted (CDAI) cDAI, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent tariff (CDAI) cDAI was sold for. You can change this to your preferred price. The “Amount” field is the volumen of CDAI you wish to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole volumen of CDAI.

If you are happy, click on “Buy CDAI”. Your order will be filled when a Vendor sells their CDAI for the price you introduced.

Step 5 – Withdraw (CDAI) cDAI

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. 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 provided drop-down box. Enter the volumen of cDAI (CDAI) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

When you are happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Congrats! You've successfully purchased and stored (CDAI) cDAI in Chad.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the cDAI (CDAI) is safe inside your wallet, you are all done.