How to Buy Dai (DAI) in Argentina

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

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Dai (DAI) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate {Dai (DAI)|(DAI) Dai}

Once your deposit has been verified, you will instantly have access to your funds and you can commence invest and trading. To invest in {Dai (DAI)|(DAI) Dai} on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To find {Dai (DAI)|(DAI) Dai}, you will need to put the shortname of the coin (DAI) into the search-box, which is highlighted in the image. Make sure you have selected the proper pairing, we have highlighted this too. Click on “DAI/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Dai (DAI)
Step 4 – Buying {Dai (DAI)|(DAI) Dai}

Once you've discovered {Dai (DAI)|(DAI) Dai}, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the recent rate {Dai (DAI)|(DAI) Dai} was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of DAI you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of DAI.

If you're glad, make a mouse click on “Buy DAI”. Your plan will be filled as soon as a Vender trades their DAI for the price you offered.

Step 5 – Withdraw {Dai (DAI)|(DAI) Dai}

Unless you are regularly trading, never keep your coins on an Crypto Exchange for an longer period of time. To withdraw your {Dai (DAI)|(DAI) Dai}, go to the tab called “Funds” and mouse click on “Withdraw”. {Dai (DAI)|(DAI) Dai} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Dai (DAI)|(DAI) Dai} by using the given drop-down box. Put into the amount of {Dai (DAI)|(DAI) Dai} you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a take off.

Kudos! You've successfully bought and stored Dai (DAI) in Argentina.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the {Dai (DAI)|(DAI) Dai} is stored inside your wallet, you're done.

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