How to Buy Dai (DAI) in Togo

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

Step 1 – Signup to Coinbase – Get Free $10

You will first need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome $10.

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto 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 example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate Dai (DAI)

Once your deposit has been confirmed, you'll instantly have access to your finances and you can begin invest and trading. To buy Dai (DAI) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find Dai (DAI), you'll need to insert the cointype (DAI) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have marked this also. Click on “DAI/BTC” to proceed.

Step 4 – Buying (DAI) Dai

Once you've discovered (DAI) Dai, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are making our Limit Order.

The field with the “Price” tag will be filled with the latest valuation Dai (DAI) was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of DAI you wish to buy. The “Total” field is the whole price in BTC that you will settle for the whole quantity of DAI.

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

Step 5 – Withdraw Dai (DAI)

Unless you're regularly trading, best advise is not to keep coins on an Exchange for an longer time frame. In order to take off your (DAI) Dai, go to the “Funds” tab and click on “Withdraw”. (DAI) Dai can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DAI) Dai by using the given drop-down box. Drop in the quantity of (DAI) Dai you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Kudos! You've successfully purchased and safed (DAI) Dai in Togo.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Dai (DAI) is safe within your wallet, you're done.