A Step-by-Step-Guide on how to buy Dai (DAI) in Finland
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and to get your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Dai (DAI) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Dai (DAI) As soon as your deposit has been verified, you'll instantly have access to your assets and you can start purchasing and trading. To invest in Dai (DAI) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover (DAI) Dai, you'll need to put the shortname of the coin (DAI) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have marked this too. Click on “DAI/BTC” to continue.
Step 4 – Purchasing Dai (DAI) After you've located (DAI) Dai, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the latest valuation Dai (DAI) was sold for. You can change this to your preferred price. The “Amount” field is the quantity of DAI you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of DAI. If you are glad, click on “Buy DAI”. Your plan will be filled when a Vendor sells their DAI for the price you introduced.
Step 5 – Withdraw Dai (DAI) Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. To withdraw your (DAI) Dai, hover over the “Funds” tab and click on “Withdraw”. (DAI) Dai can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DAI) Dai by using the given drop-down box. Enter the amount of Dai (DAI) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click on “Submit”. You may be asked for email/phone verification before a take off.