How to Buy Dai (DAI) in Kazakhstan

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

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your welcome 10$.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Dai (DAI) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (DAI) Dai

Once your deposit has been approved, you'll now have access to your funds and you can begin 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”.

To discover Dai (DAI), you will need to put the cointype (DAI) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we have marked this also. Click on “DAI/BTC” to advance.

Step 4 – Acquisition of Dai (DAI)

After you've found Dai (DAI), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the latest price (DAI) Dai was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of DAI you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete volumen of DAI.

If you're glad, click on “Buy DAI”. Your plan will be filled when a Vendor trades their DAI for the price you introduced.

Step 5 – Withdraw Dai (DAI)

Unless you're regularly trading, never keep your crypto on an Exchange for an extended period of time. To withdraw your (DAI) Dai, hover over the “Funds” tab and click on “Withdraw”. Dai (DAI) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congrats! You've successfully bought and safed Dai (DAI) in Kazakhstan.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (DAI) Dai is safe within your wallet, you are all done.