How to Buy DigixDAO (DGD) in Armenia

A Step-by-Step-Guide on how to buy DigixDAO (DGD) in Armenia

Step 1 – Signup to Coinmama

You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Funds to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. DigixDAO (DGD) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate {DigixDAO (DGD)|(DGD) DigixDAO}

As soon as your deposit has been verified, you will immediately have access to your assets and you can initiate buying and trading. To purchase {DigixDAO (DGD)|(DGD) DigixDAO} on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”.

In order to spot {DigixDAO (DGD)|(DGD) DigixDAO}, you will need to insert the short name of the asset (DGD) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this too. Click on “DGD/BTC” to proceed.

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

Once you have located {DigixDAO (DGD)|(DGD) DigixDAO}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent valuation {DigixDAO (DGD)|(DGD) DigixDAO} was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of DGD you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete amount of DGD.

When you are happy, click on “Buy DGD”. Your plan will be filled as soon as a Vendor sells their DGD for the price you submitted.

Step 5 – Withdraw {DigixDAO (DGD)|(DGD) DigixDAO}

Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive period of time. To take off your {DigixDAO (DGD)|(DGD) DigixDAO}, hover over the ”Funds” tab and mouse click on “Withdraw”. {DigixDAO (DGD)|(DGD) DigixDAO} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {DigixDAO (DGD)|(DGD) DigixDAO} by using the given drop-down box. Drop in the quantity of {DigixDAO (DGD)|(DGD) DigixDAO} you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Congrats! You've successfully bought and safed DigixDAO (DGD) in Armenia.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the {DigixDAO (DGD)|(DGD) DigixDAO} is safe within your wallet, you are done.

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