How to Buy cDAI (CDAI) in Congo (Brazzaville)

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and to get your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. cDAI (CDAI) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate cDAI (CDAI)

As soon as your deposit has been confirmed, you will now have access to your assets and you can start invest and trading. To invest in cDAI (CDAI) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to locate cDAI (CDAI), you'll need to insert the shortname of the coin (CDAI) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have marked this also. Click on “CDAI/BTC” to go ahead.

Step 4 – Purchase cDAI (CDAI)

Once you've found (CDAI) cDAI, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order.

The “Price” field will be filled with the latest tariff cDAI (CDAI) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of CDAI you want to buy. The “Total” field is the whole price in BTC that you'll pay for the whole amount of CDAI.

If you are satisfied, make a mouse click on “Buy CDAI”. Your plan will be filled as soon as a Vender sells their CDAI for the price you introduced.

Step 5 – Withdraw cDAI (CDAI)

Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an longer time frame. To withdraw your cDAI (CDAI), go to the tab called “Funds” and click on “Withdraw”. cDAI (CDAI) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are happy, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Kudos! You have successfully purchased and stored (CDAI) cDAI in Congo (Brazzaville).

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (CDAI) cDAI is safe in your wallet, you're done.