A Step-by-Step-Guide on how to buy cDAI (CDAI) in Togo
Step 1 – Signup to Coinbase – Get 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 the “Exchange” tab and after that click on “Basic”. 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 on “CDAI/BTC” to 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 the “Price” tag will be filled automatically with the most up-to-date valuation cDAI (CDAI) was traded for. You can change this to your desired rate. The “Amount” field is the amount of CDAI you want to purchase. The “Total” field is the whole price in BTC that you will pay for the complete amount of CDAI. When you are glad, make a mouse click on “Buy 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 the “Funds” tab and mouse click on “Withdraw”. (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, click “Submit”. You could be requested for verfication via phone/email before a take off.