How to Buy dForce DAI (DDAI)

A Step-by-Step-Guide on how to buy dForce DAI (DDAI)

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get your welcome $10.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. dForce DAI (DDAI) is obtainable 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 manual)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate dForce DAI (DDAI)

As soon as your deposit has been verified, you will instantly have access to your finances and you can commence buying and trading. To purchase dForce DAI (DDAI) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To locate dForce DAI (DDAI), you will need to insert the cointype (DDAI) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we've highlighted this also. Click on “DDAI/BTC” to go ahead.

Binance Hot To Buy dForce DAI (DDAI)
Binance How to Buy (DDAI) dForce DAI
Step 4 – Buy (DDAI) dForce DAI

As soon as you have found (DDAI) dForce DAI, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest tariff (DDAI) dForce DAI was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of DDAI you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of DDAI.

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

Step 5 – Withdraw (DDAI) dForce DAI

Unless you are trading, best advise is not to keep crypto coins on an Exchange for an longer time period. To take off your (DDAI) dForce DAI, hover over the tab called “Funds” and click on “Withdraw”. (DDAI) dForce DAI can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DDAI) dForce DAI by using the provided drop-down box. Enter the quantity of (DDAI) dForce DAI you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and stored dForce DAI (DDAI).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the dForce DAI (DDAI) is stored inside your wallet, you're done.