A Step-by-Step-Guide on how to buy Dai (DAI) in Japan
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and receive your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader 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 Trader? (Just follow these easy steps) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate (DAI) Dai As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate purchasing and trading. To buy (DAI) Dai on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to locate Dai (DAI), you'll need to insert the cointype (DAI) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “DAI/BTC” to progress.
Step 4 – Acquisition of Dai (DAI) After you've found Dai (DAI), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the latest price (DAI) Dai was traded for. You can change this to your desired price. The “Amount” field is the amount of DAI you like to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole volumen of DAI. When you're happy, click on “Buy DAI”. Your plan will be filled as soon as a Seller sells their DAI for the price you submitted.
Step 5 – Withdraw Dai (DAI) Unless you are trading, never keep your coins on an Exchange for an longer time frame. In order to take off your (DAI) Dai, go to the tab called “Funds” and click on “Withdraw”. Dai (DAI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dai (DAI) by using the given drop-down box. Drop in the quantity of Dai (DAI) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.