How to Buy cDAI (CDAI) in Macedonia

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

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your Bitcoin or Ethereum to an Exchange

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

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find cDAI (CDAI)

As soon as your deposit has been approved, you'll now have access to your assets and you can launch invest and trading. To purchase (CDAI) cDAI on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”.

To discover cDAI (CDAI), you will need to insert the shortname of the coin (CDAI) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “CDAI/BTC” to go on.

Step 4 – Buy (CDAI) cDAI

As soon as you've spotted cDAI (CDAI), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the most recent tariff cDAI (CDAI) was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of CDAI you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of CDAI.

When you are happy, click on “Buy CDAI”. Your plan will be filled as soon as a Seller sells their CDAI for the price you submitted.

Step 5 – Withdraw cDAI (CDAI)

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

Find (CDAI) cDAI by using the given drop-down box. Put into the quantity of (CDAI) cDAI you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're glad, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

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

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the cDAI (CDAI) is stored inside your wallet, you're finished.