A Step-by-Step-Guide on how to buy Dai (DAI) in French Guiana
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has 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 sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (DAI) Dai As soon as your deposit has been verified, you will immediately have access to your finances and you can launch buying and trading. To purchase Dai (DAI) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot Dai (DAI), you'll need to insert the cointype (DAI) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have marked this too. Click on “DAI/BTC” to go ahead.
Step 4 – Acquisition of (DAI) Dai As soon as you have found (DAI) Dai, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to make our Limit Order. The “Price” field will be automatically filled with the most latest tariff (DAI) Dai was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of DAI you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of DAI. When you are satisfied, click on “Buy DAI”. Your plan will be filled when a Vender sells their DAI for the price you submitted.
Step 5 – Withdraw (DAI) Dai Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. In order to take off your Dai (DAI), hover over the “Funds” tab and click on “Withdraw”. Dai (DAI) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DAI) Dai by using the given drop-down box. Drop in the quantity of Dai (DAI) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You may be requested for email/phone verification before a take off.