How to Buy DAOstack (GEN)

Step 1 – Join Kraken

You'll first need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and to get Ethereum or Bitcoin.

Step 2 – Transmit Your Ethereum or Bitcoin 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 identical. DAOstack (GEN) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have selected the precise coin you would like to deposit.

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

Step 3 – Find DAOstack (GEN)

Once your deposit has been verified, you will immediately have access to your finances and you can start invest and trading. To purchase DAOstack (GEN) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to spot DAOstack (GEN), you'll need to insert the shortname of the coin (GEN) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've marked this too. Click on “GEN/BTC” to progress.

Step 4 – Acquisition of DAOstack (GEN)

Once you have spotted DAOstack (GEN), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date price DAOstack (GEN) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of GEN you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole amount of GEN.

When you're glad, click on “Buy GEN”. Your order will be filled when a Vender trades their GEN for the price you offered.

Step 5 – Withdraw DAOstack (GEN)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended period of time. To withdraw your DAOstack (GEN), hover over the ”Funds” tab and mouse click on “Withdraw”. DAOstack (GEN) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find DAOstack (GEN) by using the given drop-down box. Drop in the quantity of DAOstack (GEN) you would 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, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.