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 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have 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 these easy steps)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find DigixDAO (DGD)

As soon as your deposit has been verified, you'll directly have access to your finances and you can begin purchasing and trading. To buy DigixDAO (DGD) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot DigixDAO (DGD), you'll need to put the shortname of the coin (DGD) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this also. Click on “DGD/BTC” to advance.

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

Once you've found DigixDAO (DGD), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent rate DigixDAO (DGD) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of DGD you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of DGD.

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

Step 5 – Withdraw DigixDAO (DGD)

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time frame. In order to take off your DigixDAO (DGD), hover over the tab called “Funds” and click on “Withdraw”. DigixDAO (DGD) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find DigixDAO (DGD) by using the provided drop-down box. Drop in the amount of DigixDAO (DGD) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

When you are happy, click “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

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

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (DGD) DigixDAO is safe inside your wallet, you're done.

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