How to Buy eosDAC (EOSDAC) in Australia

A Step-by-Step-Guide on how to buy eosDAC (EOSDAC) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. eosDAC (EOSDAC) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate {eosDAC (EOSDAC)|(EOSDAC) eosDAC}

Once your deposit has been affirmed, you will now have access to your finances and you can initiate purchasing and trading. To invest in {eosDAC (EOSDAC)|(EOSDAC) eosDAC} on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to locate {eosDAC (EOSDAC)|(EOSDAC) eosDAC}, you will need to insert the short name of the asset (EOSDAC) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “EOSDAC/BTC” to progress.

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

As soon as you have found {eosDAC (EOSDAC)|(EOSDAC) eosDAC}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest rate {eosDAC (EOSDAC)|(EOSDAC) eosDAC} was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of EOSDAC you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the complete quantity of EOSDAC.

If you're satisfied, make a mouse click on “Buy EOSDAC”. Your order will be filled when a Seller sells their EOSDAC for the price you offered.

Step 5 – Withdraw {eosDAC (EOSDAC)|(EOSDAC) eosDAC}

Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your {eosDAC (EOSDAC)|(EOSDAC) eosDAC}, hover over the ”Funds” tab and click on “Withdraw”. {eosDAC (EOSDAC)|(EOSDAC) eosDAC} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {eosDAC (EOSDAC)|(EOSDAC) eosDAC} by using the given drop-down box. Put into the volumen of {eosDAC (EOSDAC)|(EOSDAC) eosDAC} you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you are satisfied, click on “Submit”. You could be requested for phone/email verification before a take off.

Congratulations! You've successfully purchased and safed eosDAC (EOSDAC) in Australia.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the {eosDAC (EOSDAC)|(EOSDAC) eosDAC} is safe within your wallet, you're all done.

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