How to Buy Dai (DAI) in Sudan

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

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your welcome 10$.

Step 2 – Transmit Your Funds to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Dai (DAI) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Dai (DAI)

Once your deposit has been affirmed, you will now have access to your funds and you can initiate invest and trading. To buy (DAI) Dai on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To discover (DAI) Dai, you'll need to insert the short name of the asset (DAI) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we have highlighted this too. Click on “DAI/BTC” to go on.

Step 4 – Acquisition of Dai (DAI)

Once you have found Dai (DAI), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff (DAI) Dai was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of DAI you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of DAI.

If you're happy, make a mouse click on “Buy DAI”. Your plan will be filled when a Seller trades their DAI for the price you offered.

Step 5 – Withdraw Dai (DAI)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive time period. In order to take off your Dai (DAI), go to the tab called “Funds” and mouse click on “Withdraw”. Dai (DAI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Dai (DAI) by using the given drop-down box. Put into the volumen of (DAI) Dai you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You could be requested for email/phone verification ahead of a take off.

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

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Dai (DAI) is safe within your wallet, you're finished.