A Step-by-Step-Guide on how to buy Digital Rand (DZAR)
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Digital Rand (DZAR) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Digital Rand (DZAR) As soon as your deposit has been affirmed, you will now have access to your funds and you can commence purchasing and trading. To buy Digital Rand (DZAR) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover Digital Rand (DZAR), you will need to put the short name of the asset (DZAR) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “DZAR/BTC” to go on.
Step 4 – Purchasing Digital Rand (DZAR) Once you have found Digital Rand (DZAR), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the latest valuation Digital Rand (DZAR) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of DZAR you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of DZAR. If you are happy, make a mouse click on “Buy DZAR”. Your order will be filled as soon as a Seller trades their DZAR for the price you submitted.
Step 5 – Withdraw Digital Rand (DZAR) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. In order to take off your Digital Rand (DZAR), hover over the ”Funds” tab and click on “Withdraw”. Digital Rand (DZAR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Digital Rand (DZAR) by using the provided drop-down box. Put into the quantity of Digital Rand (DZAR) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.