How to Buy cDAI (CDAI) in Serbia

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

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting your welcome $10.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. cDAI (CDAI) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate cDAI (CDAI)

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

In order to locate (CDAI) cDAI, you will need to insert the short name of the asset (CDAI) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “CDAI/BTC” to progress.

Step 4 – Purchasing cDAI (CDAI)

As soon as you've found (CDAI) cDAI, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff (CDAI) cDAI was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of CDAI you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of CDAI.

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

Step 5 – Withdraw (CDAI) cDAI

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

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

When you are glad, click “Submit”. You may be requested for phone/email verification before a take off.

Congrats! You have successfully bought and safed (CDAI) cDAI in Serbia.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the cDAI (CDAI) is stored inside your wallet, you're all done.