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 Bitcoin (BTC) or Ethereum (ETH) 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 alike. eosDAC (EOSDAC) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate eosDAC (EOSDAC)

Once your deposit has been approved, you'll now have access to your funds and you can begin buying and trading. To buy eosDAC (EOSDAC) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To find eosDAC (EOSDAC), you will need to insert the short name of the asset (EOSDAC) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “EOSDAC/BTC” to proceed.

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

As soon as you've discovered eosDAC (EOSDAC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most latest tariff eosDAC (EOSDAC) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of EOSDAC you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of EOSDAC.

When you are glad, click on “Buy EOSDAC”. Your plan will be filled when a Vender sells their EOSDAC for the price you offered.

Step 5 – Withdraw eosDAC (EOSDAC)

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

Find eosDAC (EOSDAC) by using the given drop-down box. Enter the quantity of eosDAC (EOSDAC) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

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

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (EOSDAC) eosDAC is stored inside your wallet, you're all done.

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