How to Buy DAOstack (GEN) in Anguilla

A Step-by-Step-Guide on how to buy DAOstack (GEN) in Anguilla

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and receive your welcome 10$.

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

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. DAOstack (GEN) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate {DAOstack (GEN)|(GEN) DAOstack}

As soon as your deposit has been verified, you will immediately have access to your funds and you can initiate purchasing and trading. To invest in {DAOstack (GEN)|(GEN) DAOstack} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

To spot {DAOstack (GEN)|(GEN) DAOstack}, you will need to put the cointype (GEN) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we have highlighted this also. Click on “GEN/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} DAOstack (GEN)
Step 4 – Purchasing {DAOstack (GEN)|(GEN) DAOstack}

Once you have found {DAOstack (GEN)|(GEN) DAOstack}, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our Limit Order.

The ”Price” field will be filled automatically with the latest valuation {DAOstack (GEN)|(GEN) DAOstack} was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of GEN you wish to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete amount of GEN.

When you are satisfied, make a mouse click on “Buy GEN”. Your plan will be filled when a Vendor sells their GEN for the price you introduced.

Step 5 – Withdraw {DAOstack (GEN)|(GEN) DAOstack}

Unless you're trading, never keep your crypto on an Crypto Exchange for an extended period of time. In order to take off your {DAOstack (GEN)|(GEN) DAOstack}, hover over the tab called “Funds” and mouse click on “Withdraw”. {DAOstack (GEN)|(GEN) DAOstack} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {DAOstack (GEN)|(GEN) DAOstack} by using the provided drop-down box. Enter the quantity of {DAOstack (GEN)|(GEN) DAOstack} you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Kudos! You have successfully bought and stored DAOstack (GEN) in Anguilla.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {DAOstack (GEN)|(GEN) DAOstack} is safe within your wallet, you are done.

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