How to Buy DAEX (DAX)

A Step-by-Step-Guide on how to buy DAEX (DAX)

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your first $10.

Coinbase Free Bitcoin

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. DAEX (DAX) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find (DAX) DAEX

Once your deposit has been confirmed, you will now have access to your assets and you can begin purchasing and trading. To invest in (DAX) DAEX on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover (DAX) DAEX, you will need to insert the short name of the asset (DAX) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this too. Click on “DAX/BTC” to advance.

Binance Hot To Buy DAEX (DAX)
Binance How to Buy (DAX) DAEX
Step 4 – Buying (DAX) DAEX

As soon as you have spotted (DAX) DAEX, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our Limit Order.

The ”Price” field will be automatically filled with the most recent valuation (DAX) DAEX was sold for. You can change this to your desired price. The ”Amount” field is the quantity of DAX you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of DAX.

When you're happy, click on “Buy DAX”. Your order will be filled when a Vendor trades their DAX for the price you gave.

Step 5 – Withdraw (DAX) DAEX

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. To take off your (DAX) DAEX, hover over the tab called “Funds” and mouse click on “Withdraw”. (DAX) DAEX can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DAX) DAEX by using the given drop-down box. Put into the quantity of (DAX) DAEX you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

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

Binance Withdraw

Congratulations! You have successfully bought and stored DAEX (DAX).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the DAEX (DAX) is safe inside your wallet, you're all done.