How to Buy cDAI (CDAI) in Mauritania

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

Step 1 – Join Kraken

You will first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and receive your welcome Ethereum or Bitcoin.

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader 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 example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

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

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

Step 3 – Find cDAI (CDAI)

Once your deposit has been approved, you will instantly have access to your assets and you can commence purchasing and trading. To buy (CDAI) cDAI on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

To discover cDAI (CDAI), you'll need to put the short name of the asset (CDAI) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we've marked this also. Click on “CDAI/BTC” to advance.

Step 4 – Purchasing (CDAI) cDAI

As soon as you have spotted cDAI (CDAI), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the recent tariff (CDAI) cDAI was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of CDAI you wish to buy. The “Total” field is the aggregated price in BTC that you'll pay for the whole quantity of CDAI.

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

Step 5 – Withdraw (CDAI) cDAI

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to take off your (CDAI) cDAI, go to the tab called “Funds” and mouse click on “Withdraw”. (CDAI) cDAI can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CDAI) cDAI by using the given drop-down box. Drop in the volumen of (CDAI) cDAI you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Congratulations! You have successfully purchased and stored (CDAI) cDAI in Mauritania.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the cDAI (CDAI) is safe in your wallet, you are all done.