How to Buy Dai (DAI) in Greece

A Step-by-Step-Guide on how to buy Dai (DAI) in Greece

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and receive your first 10 Dollar.

Step 2 – Send Your Bitcoin or Ethereum to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Dai (DAI) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you have selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find (DAI) Dai

Once your deposit has been verified, you'll now have access to your finances and you can commence purchasing and trading. To buy (DAI) Dai on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

To find Dai (DAI), you will need to put the shortname of the coin (DAI) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have marked this also. Click on “DAI/BTC” to continue.

Step 4 – Purchase Dai (DAI)

After you have discovered (DAI) Dai, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order.

The “Price” field will be filled with the most up-to-date price Dai (DAI) was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of DAI you want to buy. The “Total” field is the aggregated price in BTC that you will pay for the whole quantity of DAI.

If you are satisfied, make a mouse click on “Buy DAI”. Your plan 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, never keep your crypto coins on an Crypto Trader for an extensive time period. To withdraw your (DAI) Dai, hover over the tab called “Funds” and click on “Withdraw”. Dai (DAI) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Dai (DAI) by using the provided drop-down box. Enter the volumen of (DAI) Dai you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When 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 have successfully bought and safed Dai (DAI) in Greece.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (DAI) Dai is stored inside your wallet, you are finished.