How to Buy cDAI (CDAI) in Macau

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

Step 1 – Signup to CEX.io

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

Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an 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 Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find cDAI (CDAI)

Once your deposit has been affirmed, you will now have access to your funds and you can begin invest and trading. To purchase cDAI (CDAI) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To locate (CDAI) cDAI, you'll need to put the short name of the asset (CDAI) into the search box, which is marked in the image. Be certain of having selected the right grouping, we have highlighted this too. Click on “CDAI/BTC” to go ahead.

Step 4 – Buying (CDAI) cDAI

Once you have spotted cDAI (CDAI), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date valuation (CDAI) cDAI was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of CDAI you like to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole volumen of CDAI.

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

Step 5 – Withdraw cDAI (CDAI)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your cDAI (CDAI), hover over the tab called “Funds” and click on “Withdraw”. (CDAI) cDAI can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find cDAI (CDAI) by using the provided drop-down box. Drop in the quantity of cDAI (CDAI) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, click “Submit”. You could be asked for phone/email verification ahead of a take off.

Congratulations! You have successfully bought and stored (CDAI) cDAI in Macau.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (CDAI) cDAI is safe inside your wallet, you are done.