A Step-by-Step-Guide on how to buy DefiDollar (DUSD)
Step 1 – Join CEX.io You will first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. DefiDollar (DUSD) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find (DUSD) DefiDollar As soon as your deposit has been approved, you will instantly have access to your assets and you can start buying and trading. To buy (DUSD) DefiDollar on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To locate (DUSD) DefiDollar, you will need to put the cointype (DUSD) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we've marked this too. Click on “DUSD/BTC” to continue.
Step 4 – Purchase (DUSD) DefiDollar As soon as you have spotted (DUSD) DefiDollar, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation (DUSD) DefiDollar was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of DUSD you like to buy. The ”Total” field is the total price in BTC that you'll settle for the whole volumen of DUSD. When you're happy, click on “Buy DUSD”. Your order will be filled as soon as a Vendor sells their DUSD for the price you gave.
Step 5 – Withdraw DefiDollar (DUSD) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. In order to take off your DefiDollar (DUSD), hover over the tab called “Funds” and mouse click on “Withdraw”. DefiDollar (DUSD) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find DefiDollar (DUSD) by using the provided drop-down box. Drop in the volumen of DefiDollar (DUSD) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.