A Step-by-Step-Guide on how to buy DigixDAO (DGD)
Step 1 – Signup to Kraken You will first need to purchase one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. DigixDAO (DGD) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate DigixDAO (DGD) Once your deposit has been confirmed, you will immediately have access to your assets and you can begin buying and trading. To purchase DigixDAO (DGD) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To find DigixDAO (DGD), you'll need to insert the cointype (DGD) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we have marked this also. Click on “DGD/BTC” to proceed.
Step 4 – Buying DigixDAO (DGD) As soon as you have discovered DigixDAO (DGD), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price DigixDAO (DGD) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of DGD you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of DGD. When you're happy, make a mouse click on “Buy DGD”. Your order will be filled as soon as a Seller trades their DGD for the price you submitted.
Step 5 – Withdraw DigixDAO (DGD) Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer time period. To take off your DigixDAO (DGD), go to the ”Funds” tab and mouse click on “Withdraw”. DigixDAO (DGD) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate DigixDAO (DGD) by using the provided drop-down box. Put into the quantity of DigixDAO (DGD) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You may be requested for phone/email verification before a withdrawal.