How to Buy cDAI (CDAI) in Togo

A Step-by-Step-Guide on how to buy cDAI (CDAI) in Togo

Step 1 – Signup to CoinbaseGet Free $10

You will first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10$.

Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. cDAI (CDAI) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate cDAI (CDAI)

Once your deposit has been verified, you will now have access to your assets and you can begin buying and trading. To buy cDAI (CDAI) on Binance, you'll want to go to theExchangetab and after that click onBasic”.

In order to spot (CDAI) cDAI, you will need to insert the shortname of the coin (CDAI) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this also. Click onCDAI/BTCto advance.

Step 4 – Acquisition of (CDAI) cDAI

As soon as you have spotted cDAI (CDAI), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The field with thePricetag will be filled automatically with the most up-to-date valuation cDAI (CDAI) was traded for. You can change this to your desired rate. TheAmountfield is the amount of CDAI you want to purchase. TheTotalfield is the whole price in BTC that you will pay for the complete amount of CDAI.

When you are glad, make a mouse click onBuy CDAI”. Your order will be filled as soon as a Vendor trades their CDAI for the price you submitted.

Step 5 – Withdraw (CDAI) cDAI

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. To take off your cDAI (CDAI), go to theFundstab and mouse click onWithdraw”. (CDAI) cDAI can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CDAI) cDAI by using the provided drop-down box. Enter the amount of cDAI (CDAI) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, clickSubmit”. You could be requested for verfication via phone/email before a take off.

Kudos! You have successfully purchased and safed cDAI (CDAI) in Togo.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the cDAI (CDAI) is stored within your wallet, you're done.