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 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. DigixDAO (DGD) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find DigixDAO (DGD) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can start purchasing and trading. To purchase DigixDAO (DGD) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate DigixDAO (DGD), you'll need to insert the shortname of the coin (DGD) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we have highlighted this too. Click on “DGD/BTC” to proceed.
Step 4 – Acquisition of DigixDAO (DGD) After you've found DigixDAO (DGD), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff DigixDAO (DGD) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of DGD you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of DGD. When you are happy, make a mouse click on “Buy DGD”. Your order will be filled when a Vender sells their DGD for the price you introduced.
Step 5 – Withdraw DigixDAO (DGD) Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time period. 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate DigixDAO (DGD) by using the given drop-down box. Put into the amount of DigixDAO (DGD) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.
Congrats! You have successfully bought and stored DigixDAO (DGD).That's it! Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the (DGD) DigixDAO is stored inside your wallet, you are finished.
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