A Step-by-Step-Guide on how to buy DAEX (DAX) in Anguilla
Step 1 – Signup to Coinmama You will first need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. DAEX (DAX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find DAEX (DAX) Once your deposit has been confirmed, you will instantly have access to your finances and you can initiate invest and trading. To purchase DAEX (DAX) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to locate DAEX (DAX), you will need to insert the shortname of the coin (DAX) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have marked this too. Click on “DAX/BTC” to continue.
Step 4 – Purchasing DAEX (DAX) After you have discovered DAEX (DAX), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest rate DAEX (DAX) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of DAX you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of DAX. If you are happy, make a mouse click on “Buy DAX”. Your order will be filled as soon as a Vender trades their DAX for the price you submitted.
Step 5 – Withdraw DAEX (DAX) Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. To withdraw your DAEX (DAX), hover over the ”Funds” tab and mouse click on “Withdraw”. DAEX (DAX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate DAEX (DAX) by using the given drop-down box. Drop in the amount of DAEX (DAX) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You may be requested for email/phone verification before a take off.
Congrats! You have successfully purchased and stored DAEX (DAX) in Anguilla.That's it! Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the DAEX (DAX) is safe in your wallet, you are finished.
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