How to Buy Dai (DAI) in Jordan

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

Step 1 – Signup to CoinbaseGet Free $10

You will first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and getting your welcome 10 Dollar.

Step 2 – Transfer Your Funds to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Dai (DAI) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find (DAI) Dai

Once your deposit has been confirmed, you will immediately have access to your finances and you can launch purchasing and trading. To invest in Dai (DAI) on Binance, you will want to hover over the tab which is calledExchangeand after that click onBasic”.

To discover (DAI) Dai, you'll need to insert the cointype (DAI) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this too. Click onDAI/BTCto go ahead.

Step 4 – Buy Dai (DAI)

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

ThePricefield will be automatically filled with the up-to-date tariff Dai (DAI) was sold for. This can be changed to your favoured price. TheAmountfield is the quantity of DAI you wish to purchase. The field with theTotaltag is the total price in BTC that you will pay for the whole volumen of DAI.

If you're happy, click onBuy DAI”. Your plan will be filled as soon as a Vender sells their DAI for the price you introduced.

Step 5 – Withdraw (DAI) Dai

Unless you are trading, best advise is not to keep your coins on an Exchange for an extended time frame. To take off your (DAI) Dai, go to the tab calledFundsand mouse click onWithdraw”. (DAI) Dai can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are satisfied, clickSubmit”. You may be requested for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully purchased and stored (DAI) Dai in Jordan.

That's it!

Withdrawals from Crypto Exchange can durate between 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 all done.