A Step-by-Step-Guide on how to buy Dai (DAI) in Cabo Verde
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your welcome $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Dai (DAI) is obtainable 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 guide) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate (DAI) Dai As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can initiate invest and trading. To buy Dai (DAI) on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. To spot (DAI) Dai, you'll need to put the short name of the asset (DAI) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “DAI/BTC” to proceed.
Step 4 – Buy (DAI) Dai After you've found Dai (DAI), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date valuation Dai (DAI) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of DAI you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of DAI. When you are glad, click on “Buy DAI”. Your order will be filled as soon as a Seller sells their DAI for the price you gave.
Step 5 – Withdraw (DAI) Dai Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. To take off your Dai (DAI), hover over the “Funds” tab and click on “Withdraw”. Dai (DAI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (DAI) Dai by using the provided drop-down box. Drop in the amount of (DAI) Dai you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.