How to Buy Dai (DAI) in Guadeloupe

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase units of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your first 10 Dollar.

Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency 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're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find Dai (DAI)

As soon as your deposit has been approved, you will now have access to your funds and you can launch invest and trading. To buy (DAI) Dai on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to locate Dai (DAI), you'll need to insert the cointype (DAI) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “DAI/BTC” to go on.

Step 4 – Buy (DAI) Dai

Once you've spotted 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). For now we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the most latest valuation Dai (DAI) was traded for. This can be changed to your favoured price. The “Amount” field is the quantity of DAI you like to buy. The “Total” field is the whole price in Bitcoin that you will pay for the complete quantity of DAI.

If you are glad, make a mouse click on “Buy DAI”. Your plan will be filled as soon as a Seller sells their DAI for the price you introduced.

Step 5 – Withdraw Dai (DAI)

Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To take off your (DAI) Dai, hover over the tab called “Funds” and click on “Withdraw”. Dai (DAI) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Dai (DAI) by using the given drop-down box. Drop in the quantity of Dai (DAI) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you are satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a take off.

Kudos! You have successfully purchased and stored (DAI) Dai in Guadeloupe.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (DAI) Dai is safe within your wallet, you are finished.