How to Buy cDAI (CDAI) in Tajikistan

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your Funds to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. cDAI (CDAI) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find (CDAI) cDAI

As soon as your deposit has been verified, you will instantly have access to your finances and you can launch buying and trading. To invest in cDAI (CDAI) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover (CDAI) cDAI, you'll need to put the shortname of the coin (CDAI) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “CDAI/BTC” to advance.

Step 4 – Buy cDAI (CDAI)

After you have found cDAI (CDAI), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff (CDAI) cDAI was traded for. This can be changed to your favoured price. The “Amount” field is the quantity of CDAI you wish to purchase. The “Total” field is the whole price in BTC that you'll pay for the complete volumen of CDAI.

When you're happy, make a mouse click on “Buy CDAI”. Your plan will be filled as soon as a Vender trades their CDAI for the price you gave.

Step 5 – Withdraw cDAI (CDAI)

Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time period. In order to withdraw your cDAI (CDAI), hover over the tab called “Funds” and click on “Withdraw”. cDAI (CDAI) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find cDAI (CDAI) by using the provided drop-down box. Drop in the quantity of cDAI (CDAI) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

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

Congratulations! You've successfully bought and safed cDAI (CDAI) in Tajikistan.

That's it!

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