A Step-by-Step-Guide on how to buy DefiDollar (DUSD)
Step 1 – Join Kraken You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. DefiDollar (DUSD) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate DefiDollar (DUSD) Once your deposit has been affirmed, you will directly have access to your funds and you can begin buying and trading. To purchase DefiDollar (DUSD) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To discover DefiDollar (DUSD), you will need to put the cointype (DUSD) into the search-box, which is marked in the picture. Be certain of having selected the proper grouping, we have marked this too. Click on “DUSD/BTC” to go ahead.
Step 4 – Buy DefiDollar (DUSD) Once you have discovered DefiDollar (DUSD), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price DefiDollar (DUSD) was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of DUSD you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole amount of DUSD. When you're happy, make a mouse click on “Buy DUSD”. Your plan will be filled when a Vender trades their DUSD for the price you gave.
Step 5 – Withdraw DefiDollar (DUSD) Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your DefiDollar (DUSD), hover over the ”Funds” tab and mouse click on “Withdraw”. DefiDollar (DUSD) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate DefiDollar (DUSD) by using the provided drop-down box. Drop in the volumen of DefiDollar (DUSD) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.