A Step-by-Step-Guide on how to buy DXDao (DXD)
Step 1 – Join CEX.io You will first need to buy units of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Funds to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. DXDao (DXD) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find DXDao (DXD) As soon as your deposit has been approved, you will now have access to your funds and you can begin buying and trading. To buy DXDao (DXD) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To find DXDao (DXD), you will need to insert the short name of the asset (DXD) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this too. Click on “DXD/BTC” to advance.
Step 4 – Purchasing DXDao (DXD) After you've located DXDao (DXD), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order. The ”Price” field will be filled with the up-to-date rate DXDao (DXD) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of DXD you like to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole amount of DXD. If you're happy, make a mouse click on “Buy DXD”. Your order will be filled as soon as a Vendor trades their DXD for the price you gave.
Step 5 – Withdraw DXDao (DXD) Unless you are regularly trading, you should never keepyour crypto on an Crypto Exchange for an extensive period of time. To take off your DXDao (DXD), go to the ”Funds” tab and click on “Withdraw”. DXDao (DXD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate DXDao (DXD) by using the given drop-down box. Put into the amount of DXDao (DXD) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You may be requested for email/phone verification ahead of a take off.