A Step-by-Step-Guide on how to buy DAOstack (GEN) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. DAOstack (GEN) is accessible 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 selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find DAOstack (GEN) Once your deposit has been affirmed, you will instantly have access to your funds and you can start purchasing and trading. To buy DAOstack (GEN) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot DAOstack (GEN), you will need to put the shortname of the coin (GEN) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've highlighted this also. Click on “GEN/BTC” to advance.
Step 4 – Buying DAOstack (GEN) Once you have spotted DAOstack (GEN), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff DAOstack (GEN) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of GEN you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of GEN. If you're satisfied, make a mouse click on “Buy GEN”. Your plan will be filled as soon as a Seller sells their GEN for the price you offered.
Step 5 – Withdraw DAOstack (GEN) Unless you are frequently trading, never keep your crypto coins on an Exchange for an extended period of time. In order to take off your DAOstack (GEN), hover over the ”Funds” tab and mouse click on “Withdraw”. DAOstack (GEN) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find DAOstack (GEN) by using the given drop-down box. Drop in the quantity of DAOstack (GEN) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.
Congratulations! You've successfully bought and stored DAOstack (GEN) in Anguilla.That's it! Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the DAOstack (GEN) is safe within your wallet, you're done.
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