How to Buy Dai (DAI) in Haiti

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

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive your welcome 10$.

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Dai (DAI) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Dai (DAI)

As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can launch buying and trading. To buy Dai (DAI) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To spot (DAI) Dai, you will need to put the shortname of the coin (DAI) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “DAI/BTC” to continue.

Step 4 – Purchase Dai (DAI)

After you have found (DAI) Dai, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The “Price” field will be automatically filled with the most recent price Dai (DAI) was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of DAI you want to buy. The “Total” field is the total price in BTC that you'll pay for the whole volumen of DAI.

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

Step 5 – Withdraw (DAI) Dai

Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. To take off your Dai (DAI), go to the “Funds” tab and mouse click on “Withdraw”. Dai (DAI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DAI) Dai by using the provided drop-down box. Put into the amount of Dai (DAI) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, click “Submit”. You may be requested for phone/email verification before a take off.

Congratulations! You've successfully purchased and stored Dai (DAI) in Haiti.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Dai (DAI) is safe inside your wallet, you are done.