How to Buy DAOstack (GEN) in Anguilla

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).

Binance Signup
Step 2 – Send 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. DAOstack (GEN) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

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

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can begin purchasing and trading. To buy {DAOstack (GEN)|(GEN) DAOstack} on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

To spot {DAOstack (GEN)|(GEN) DAOstack}, you'll need to put the cointype (GEN) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this too. Click on “GEN/BTC” to progress.

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

As soon as you've spotted {DAOstack (GEN)|(GEN) DAOstack}, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our Limit Order.

The ”Price” field will be filled with the most latest valuation {DAOstack (GEN)|(GEN) DAOstack} was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of GEN you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of GEN.

If you're glad, make a mouse click on “Buy GEN”. Your plan will be filled when a Vender sells their GEN for the price you gave.

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

Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. 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 safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {DAOstack (GEN)|(GEN) DAOstack} by using the provided drop-down box. Drop in the quantity of {DAOstack (GEN)|(GEN) DAOstack} you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You have successfully purchased and stored DAOstack (GEN) in Anguilla.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {DAOstack (GEN)|(GEN) DAOstack} is stored within your wallet, you are finished.

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