How to Buy cDAI (CDAI) in Guadeloupe

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

Step 1 – Signup to CEX.io

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

Step 2 – Transfer Your Funds to an Exchange

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

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate (CDAI) cDAI

As soon as your deposit has been approved, you'll instantly have access to your funds and you can commence buying 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'll need to put the shortname of the coin (CDAI) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “CDAI/BTC” to proceed.

Step 4 – Acquisition of cDAI (CDAI)

Once you've spotted (CDAI) cDAI, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are creating our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date 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 wish to buy. The “Total” field is the aggregated price in BTC that you will settle for the complete volumen of CDAI.

When you're satisfied, click on “Buy CDAI”. Your plan will be filled when a Vendor sells their CDAI for the price you submitted.

Step 5 – Withdraw cDAI (CDAI)

Unless you're trading, never keep your coins on an Crypto Trader for an extended period of time. In order to take off your cDAI (CDAI), hover over the tab called “Funds” and mouse click on “Withdraw”. (CDAI) cDAI can be stored safely 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 wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

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

Congratulations! You've successfully purchased and safed cDAI (CDAI) in Guadeloupe.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the cDAI (CDAI) is stored inside your wallet, you're finished.