How to Buy cDAI (CDAI) in Martinique

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

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and receive your first 10$.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

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

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find (CDAI) cDAI

Once your deposit has been affirmed, you'll directly have access to your assets and you can launch buying 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 spot (CDAI) cDAI, you'll need to insert the shortname of the coin (CDAI) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we've marked this too. Click on “CDAI/BTC” to proceed.

Step 4 – Acquisition of (CDAI) cDAI

As soon as you have discovered (CDAI) cDAI, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest valuation cDAI (CDAI) was sold for. This can be changed to your desired rate. The “Amount” field is the amount of CDAI you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole quantity of CDAI.

If you're glad, click on “Buy CDAI”. Your plan will be filled as soon as a Vender sells their CDAI for the price you introduced.

Step 5 – Withdraw cDAI (CDAI)

Unless you are trading, you should never keepyour crypto coins on an Crypto Trader for an extensive period of time. To withdraw your cDAI (CDAI), go to the “Funds” tab and click on “Withdraw”. cDAI (CDAI) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CDAI) cDAI by using the provided drop-down box. Put into the quantity of cDAI (CDAI) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you are glad, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Congrats! You've successfully purchased and safed (CDAI) cDAI in Martinique.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the cDAI (CDAI) is stored in your wallet, you are all done.