A Step-by-Step-Guide on how to buy Dai (DAI) in San Marino
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your first $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Dai (DAI) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Dai (DAI) As soon as your deposit has been approved, you'll immediately have access to your assets and you can begin buying and trading. To invest in Dai (DAI) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. In order to find (DAI) Dai, you'll need to put the shortname of the coin (DAI) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we have marked this too. Click on “DAI/BTC” to continue.
Step 4 – Buying (DAI) Dai After you have discovered Dai (DAI), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The “Price” field will be automatically filled with the most latest price (DAI) Dai was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of DAI you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of DAI. If you're glad, make a mouse click on “Buy DAI”. Your plan will be filled when a Seller sells their DAI for the price you introduced.
Step 5 – Withdraw (DAI) Dai Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer period of time. In order to withdraw your (DAI) Dai, go to the “Funds” tab and mouse click on “Withdraw”. (DAI) Dai can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (DAI) Dai by using the provided drop-down box. Drop in the volumen of (DAI) Dai you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.