How to Buy cDAI (CDAI) in Kazakhstan

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

Step 1 – Join Kraken

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

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. cDAI (CDAI) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate (CDAI) cDAI

As soon as your deposit has been approved, you'll now have access to your funds and you can begin purchasing and trading. To invest in (CDAI) cDAI on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To discover cDAI (CDAI), you'll need to put the shortname of the coin (CDAI) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we've highlighted this also. Click on “CDAI/BTC” to progress.

Step 4 – Purchasing (CDAI) cDAI

Once you've discovered cDAI (CDAI), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order.

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

When you are glad, click on “Buy CDAI”. Your plan will be filled as soon as a Vender trades their CDAI for the price you gave.

Step 5 – Withdraw cDAI (CDAI)

Unless you're trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer time period. In order to withdraw your (CDAI) cDAI, go to the tab called “Funds” and click on “Withdraw”. (CDAI) cDAI can be safely 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. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully purchased and safed (CDAI) cDAI in Kazakhstan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the cDAI (CDAI) is stored within your wallet, you're finished.