How to Buy cDAI (CDAI) in Haiti

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

Step 1 – Signup to CEX.io

You will first need to purchase one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive your first Ethereum or Bitcoin.

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

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

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

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

Step 3 – Locate cDAI (CDAI)

As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin buying and trading. To buy cDAI (CDAI) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To find cDAI (CDAI), you'll need to insert the short name of the asset (CDAI) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we've marked this too. Click on “CDAI/BTC” to proceed.

Step 4 – Buying (CDAI) cDAI

As soon as you've spotted (CDAI) cDAI, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we're creating our own Limit Order.

The “Price” field will be filled with the most recent rate cDAI (CDAI) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of CDAI you like to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the whole amount of CDAI.

If you are happy, make a mouse click on “Buy CDAI”. Your plan will be filled when a Seller trades their CDAI for the price you offered.

Step 5 – Withdraw cDAI (CDAI)

Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time period. In order to take off your cDAI (CDAI), go to the “Funds” tab 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 given drop-down box. Enter the volumen of cDAI (CDAI) you would like to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

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

Congratulations! You've successfully bought and safed cDAI (CDAI) in Haiti.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the cDAI (CDAI) is stored within your wallet, you are all done.