How to Buy eosDAC (EOSDAC)

A Step-by-Step-Guide on how to buy eosDAC (EOSDAC)

Step 1 – Signup to Kraken

You will first need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. eosDAC (EOSDAC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find eosDAC (EOSDAC)

Once your deposit has been confirmed, you'll instantly have access to your finances and you can commence purchasing and trading. To buy eosDAC (EOSDAC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover eosDAC (EOSDAC), you'll need to insert the shortname of the coin (EOSDAC) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we've highlighted this too. Click on “EOSDAC/BTC” to continue.

Binance Hot To Buy eosDAC (EOSDAC)
Binance How to Buy (EOSDAC) eosDAC
Step 4 – Buy eosDAC (EOSDAC)

After you have spotted eosDAC (EOSDAC), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The ”Price” field will be filled automatically with the most recent price eosDAC (EOSDAC) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of EOSDAC you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete amount of EOSDAC.

When you're happy, click on “Buy EOSDAC”. Your plan will be filled when a Vendor trades their EOSDAC for the price you introduced.

Step 5 – Withdraw eosDAC (EOSDAC)

Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. In order to withdraw your eosDAC (EOSDAC), go to the ”Funds” tab and click on “Withdraw”. eosDAC (EOSDAC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find eosDAC (EOSDAC) by using the provided drop-down box. Enter the amount of eosDAC (EOSDAC) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address.

When you are glad, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Binance Withdraw

Kudos! You've successfully purchased and safed eosDAC (EOSDAC).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (EOSDAC) eosDAC is stored in your wallet, you are done.
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