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 – Transfer Your Funds to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. eosDAC (EOSDAC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find eosDAC (EOSDAC)

Once your deposit has been approved, you'll directly have access to your assets and you can initiate buying and trading. To buy eosDAC (EOSDAC) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot eosDAC (EOSDAC), you will need to insert the short name of the asset (EOSDAC) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “EOSDAC/BTC” to go on.

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

As soon as you have spotted eosDAC (EOSDAC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff eosDAC (EOSDAC) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of EOSDAC you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole quantity of EOSDAC.

If you're satisfied, click on “Buy EOSDAC”. Your order will be filled when a Vendor sells their EOSDAC for the price you offered.

Step 5 – Withdraw eosDAC (EOSDAC)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time period. In order to take off your eosDAC (EOSDAC), hover over the tab called “Funds” and mouse click on “Withdraw”. eosDAC (EOSDAC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find eosDAC (EOSDAC) by using the provided drop-down box. Put into the amount of eosDAC (EOSDAC) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Binance Withdraw

Kudos! You have successfully bought and stored eosDAC (EOSDAC).

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (EOSDAC) eosDAC is stored inside your wallet, you are done.

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