A Step-by-Step-Guide on how to buy DefiDollar (DUSD)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. DefiDollar (DUSD) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate DefiDollar (DUSD) As soon as your deposit has been approved, you'll immediately have access to your funds and you can initiate invest and trading. To purchase DefiDollar (DUSD) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To find DefiDollar (DUSD), you'll need to insert the short name of the asset (DUSD) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we've highlighted this too. Click on “DUSD/BTC” to continue.
Step 4 – Acquisition of (DUSD) DefiDollar Once you have spotted (DUSD) DefiDollar, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date rate (DUSD) DefiDollar was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of DUSD you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of DUSD. When you're glad, make a mouse click on “Buy DUSD”. Your plan 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 Trader for an extensive time frame. To withdraw your DefiDollar (DUSD), hover over the ”Funds” tab and click on “Withdraw”. DefiDollar (DUSD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find DefiDollar (DUSD) by using the given drop-down box. Drop in the volumen of DefiDollar (DUSD) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.