How to Buy dForce DAI (DDAI) in Azerbaijan

A Step-by-Step-Guide on how to buy dForce DAI (DDAI) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and receive your first 10 Dollar.

Binance Signup
Step 2 – Transmit Your Funds to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. dForce DAI (DDAI) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find {dForce DAI (DDAI)|(DDAI) dForce DAI}

As soon as your deposit has been approved, you will immediately have access to your finances and you can start invest and trading. To purchase {dForce DAI (DDAI)|(DDAI) dForce DAI} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover {dForce DAI (DDAI)|(DDAI) dForce DAI}, you will need to insert the cointype (DDAI) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we've marked this also. Click on “DDAI/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} dForce DAI (DDAI)
Step 4 – Purchasing {dForce DAI (DDAI)|(DDAI) dForce DAI}

Once you've spotted {dForce DAI (DDAI)|(DDAI) dForce DAI}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent price {dForce DAI (DDAI)|(DDAI) dForce DAI} was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of DDAI you want to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of DDAI.

If you are glad, click on “Buy DDAI”. Your order will be filled as soon as a Seller trades their DDAI for the price you offered.

Step 5 – Withdraw {dForce DAI (DDAI)|(DDAI) dForce DAI}

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your {dForce DAI (DDAI)|(DDAI) dForce DAI}, hover over the ”Funds” tab and mouse click on “Withdraw”. {dForce DAI (DDAI)|(DDAI) dForce DAI} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {dForce DAI (DDAI)|(DDAI) dForce DAI} by using the given drop-down box. Enter the quantity of {dForce DAI (DDAI)|(DDAI) dForce DAI} you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

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

Congrats! You have successfully bought and safed dForce DAI (DDAI) in Azerbaijan.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the {dForce DAI (DDAI)|(DDAI) dForce DAI} is stored inside your wallet, you are all done.

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