How to Buy cDAI (CDAI) in Anguilla

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

Step 1 – Signup to Coinmama

You'll first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Funds to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. cDAI (CDAI) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the correct coin you want to deposit.

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

Step 3 – Locate cDAI (CDAI)

Once your deposit has been confirmed, you'll now have access to your assets and you can start purchasing and trading. To buy cDAI (CDAI) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To discover cDAI (CDAI), you will need to put the shortname of the coin (CDAI) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we've marked this too. Click on “CDAI/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} cDAI (CDAI)
Step 4 – Buy cDAI (CDAI)

After you have found cDAI (CDAI), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most latest tariff cDAI (CDAI) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of CDAI you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of CDAI.

When you're glad, make a mouse click on “Buy CDAI”. Your plan will be filled when a Seller trades their CDAI for the price you gave.

Step 5 – Withdraw cDAI (CDAI)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time period. In order to take off your cDAI (CDAI), hover over the tab called “Funds” and click on “Withdraw”. cDAI (CDAI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you're glad, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Congrats! You have successfully bought and safed cDAI (CDAI) in Anguilla.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your take off using Etherscan.io or Ethplorer.io and the cDAI (CDAI) is safe in your wallet, you're all done.

And some more interesting Altcoins:

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