How to Buy cDAI (CDAI) in Vietnam

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

Step 1 – Join CEX.io

You'll first need to buy one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting your first Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

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

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find (CDAI) cDAI

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

To find cDAI (CDAI), you will need to put the cointype (CDAI) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “CDAI/BTC” to proceed.

Step 4 – Buying (CDAI) cDAI

Once you've found cDAI (CDAI), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate (CDAI) cDAI was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of CDAI you want to purchase. The “Total” field is the whole price in BTC that you will pay for the complete quantity of CDAI.

If you are glad, make a mouse click on “Buy CDAI”. Your order will be filled as soon as a Vender sells their CDAI for the price you gave.

Step 5 – Withdraw cDAI (CDAI)

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your (CDAI) cDAI, hover over the “Funds” tab 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 given drop-down box. Put into the amount of cDAI (CDAI) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Kudos! You have successfully purchased and stored cDAI (CDAI) in Vietnam.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the cDAI (CDAI) is safe within your wallet, you're all done.