How to Buy DigixDAO (DGD)

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).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. DigixDAO (DGD) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find DigixDAO (DGD)

Once your deposit has been approved, you'll now have access to your finances and you can initiate invest and trading. To invest in DigixDAO (DGD) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate DigixDAO (DGD), you will need to insert the shortname of the coin (DGD) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have marked this too. Click on “DGD/BTC” to proceed.

Binance Hot To Buy DigixDAO (DGD)
Binance How to Buy (DGD) DigixDAO
Step 4 – Purchase DigixDAO (DGD)

Once you have discovered DigixDAO (DGD), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order.

The ”Price” field will be filled with the most latest rate DigixDAO (DGD) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of DGD you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of DGD.

If you are glad, make a mouse click on “Buy DGD”. Your plan will be filled as soon as a Vendor trades their DGD for the price you introduced.

Step 5 – Withdraw DigixDAO (DGD)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended period of time. In order to withdraw your DigixDAO (DGD), go to the tab called “Funds” and click on “Withdraw”. DigixDAO (DGD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find DigixDAO (DGD) by using the provided drop-down box. Put into the amount of DigixDAO (DGD) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

Congrats! You have successfully purchased and safed DigixDAO (DGD).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (DGD) DigixDAO is safe within your wallet, you are all done.

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