How to Buy cDAI (CDAI) in Thailand

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

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. cDAI (CDAI) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate cDAI (CDAI)

Once your deposit has been confirmed, you'll immediately have access to your finances and you can commence buying and trading. To purchase cDAI (CDAI) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

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

Step 4 – Purchasing cDAI (CDAI)

After you have discovered cDAI (CDAI), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're 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. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of CDAI you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole volumen of CDAI.

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

Step 5 – Withdraw (CDAI) cDAI

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. To take off your (CDAI) cDAI, hover over the “Funds” tab and click on “Withdraw”. cDAI (CDAI) can be stored safely using a Wallet, e.g. 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 displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

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

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (CDAI) cDAI is safe inside your wallet, you are all done.