How to Buy DAOstack (GEN)

A Step-by-Step-Guide on how to buy DAOstack (GEN)

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and to get ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. DAOstack (GEN) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find DAOstack (GEN)

As soon as your deposit has been affirmed, you will instantly have access to your assets and you can commence purchasing and trading. To buy DAOstack (GEN) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to discover DAOstack (GEN), you will need to insert the short name of the asset (GEN) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we've highlighted this also. Click on “GEN/BTC” to advance.

Binance Hot To Buy DAOstack (GEN)
Binance How to Buy (GEN) DAOstack
Step 4 – Buying (GEN) DAOstack

Once you've found (GEN) DAOstack, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our Limit Order.

The field with the “Price” tag will be filled with the most latest tariff (GEN) DAOstack was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of GEN you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete volumen of GEN.

If you are glad, make a mouse click on “Buy GEN”. Your plan will be filled when a Seller trades their GEN for the price you introduced.

Step 5 – Withdraw (GEN) DAOstack

Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time period. In order to take off your (GEN) DAOstack, go to the ”Funds” tab and mouse click on “Withdraw”. (GEN) DAOstack can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (GEN) DAOstack by using the provided drop-down box. Put into the amount of (GEN) DAOstack you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored (GEN) DAOstack.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (GEN) DAOstack is safe within your wallet, you're all done.