How to Buy cDAI (CDAI) in Croatia

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome Bitcoin or Ethereum.

Step 2 – Transfer Your Funds to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. cDAI (CDAI) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you have selected the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Find cDAI (CDAI)

As soon as your deposit has been confirmed, you will directly have access to your assets and you can start invest and trading. To purchase (CDAI) cDAI on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot cDAI (CDAI), you will need to put the short name of the asset (CDAI) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we have highlighted this too. Click on “CDAI/BTC” to progress.

Step 4 – Acquisition of cDAI (CDAI)

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

The “Price” field will be filled with the latest rate (CDAI) cDAI was sold for. You can change this to your favoured price. The “Amount” field is the amount of CDAI you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of CDAI.

If you are glad, make a mouse click on “Buy CDAI”. Your order will be filled as soon as a Vendor sells their CDAI for the price you gave.

Step 5 – Withdraw cDAI (CDAI)

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

Locate (CDAI) cDAI by using the provided drop-down box. Drop in the quantity of (CDAI) cDAI you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

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

Kudos! You have successfully bought and stored (CDAI) cDAI in Croatia.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the cDAI (CDAI) is safe within your wallet, you're finished.