How to Buy Dalichain (DALI)

A Step-by-Step-Guide on how to buy Dalichain (DALI)

Step 1 – Join Kraken

You will first need to buy units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Dalichain (DALI) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find Dalichain (DALI)

Once your deposit has been approved, you will directly have access to your assets and you can launch buying and trading. To buy Dalichain (DALI) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to spot Dalichain (DALI), you will need to put the shortname of the coin (DALI) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “DALI/BTC” to advance.

Binance Hot To Buy Dalichain (DALI)
Binance How to Buy (DALI) Dalichain
Step 4 – Purchasing Dalichain (DALI)

Once you have located Dalichain (DALI), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our Limit Order.

The ”Price” field will be filled with the most recent tariff Dalichain (DALI) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of DALI you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole quantity of DALI.

If you're happy, click on “Buy DALI”. Your order will be filled as soon as a Seller trades their DALI for the price you gave.

Step 5 – Withdraw Dalichain (DALI)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your Dalichain (DALI), go to the tab called “Funds” and click on “Withdraw”. Dalichain (DALI) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Dalichain (DALI) by using the given drop-down box. Enter the quantity of Dalichain (DALI) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and stored Dalichain (DALI).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (DALI) Dalichain is safe in your wallet, you're finished.

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