A Step-by-Step-Guide on how to buy Dai (DAI) in Korea
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get your welcome 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Dai (DAI) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (DAI) Dai Once your deposit has been approved, you'll directly have access to your finances and you can commence purchasing and trading. To invest in Dai (DAI) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. To spot Dai (DAI), you will need to put the cointype (DAI) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have marked this too. Click on “DAI/BTC” to progress.
Step 4 – Purchase Dai (DAI) Once you have found (DAI) Dai, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to make our own Limit Order. The “Price” field will be filled automatically with the up-to-date rate Dai (DAI) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of DAI you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of DAI. If you are glad, make a mouse click on “Buy DAI”. Your order will be filled when a Vender trades their DAI for the price you gave.
Step 5 – Withdraw (DAI) Dai Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. In order to withdraw your Dai (DAI), hover over the “Funds” tab and mouse click on “Withdraw”. (DAI) Dai can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (DAI) Dai by using the given drop-down box. Put into the quantity of Dai (DAI) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.