How to Buy Daneel (DAN)

A Step-by-Step-Guide on how to buy Daneel (DAN)

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting Funds.

Binance Signup
Step 2 – Send 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. All exchanges have a deposit form that is similar. Daneel (DAN) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Daneel (DAN)

Once your deposit has been approved, you'll now have access to your funds and you can initiate purchasing and trading. To invest in Daneel (DAN) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover Daneel (DAN), you'll need to insert the short name of the asset (DAN) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “DAN/BTC” to progress.

Binance Hot To Buy Daneel (DAN)
Binance How to Buy (DAN) Daneel
Step 4 – Purchase (DAN) Daneel

As soon as you have located (DAN) Daneel, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are creating our own Limit Order.

The ”Price” field will be filled with the recent rate (DAN) Daneel was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of DAN you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of DAN.

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

Step 5 – Withdraw Daneel (DAN)

Unless you're frequently trading, best advise is not to keep coins on an Crypto Trader for an extended time frame. In order to take off your Daneel (DAN), go to the ”Funds” tab and click on “Withdraw”. Daneel (DAN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Daneel (DAN) by using the provided drop-down box. Put into the quantity of Daneel (DAN) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click “Submit”. You may be asked for phone/email verification before a take off.

Binance Withdraw

Kudos! You have successfully bought and stored Daneel (DAN).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off using Etherscan.io or Ethplorer.io and the Daneel (DAN) is safe inside your wallet, you're all done.