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 or Ethereum to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. eosDAC (EOSDAC) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate eosDAC (EOSDAC)

Once your deposit has been affirmed, you will now have access to your funds and you can start invest and trading. To buy eosDAC (EOSDAC) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to find eosDAC (EOSDAC), you will need to put the short name of the asset (EOSDAC) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we have highlighted this too. Click on “EOSDAC/BTC” to progress.

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

As soon as you have spotted eosDAC (EOSDAC), you'll 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 Limit Order.

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

If you are glad, make a mouse click on “Buy EOSDAC”. Your plan will be filled as soon as a Vender trades their EOSDAC for the price you introduced.

Step 5 – Withdraw eosDAC (EOSDAC)

Unless you're regularly trading, never keep your crypto on an Exchange for an longer period of time. To take off your eosDAC (EOSDAC), hover over the tab called “Funds” and click on “Withdraw”. eosDAC (EOSDAC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find eosDAC (EOSDAC) by using the provided drop-down box. Drop in the amount of eosDAC (EOSDAC) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you're glad, click on “Submit”. You may be requested for email/phone verification ahead of a take off.

Binance Withdraw

Congrats! You have successfully purchased and safed eosDAC (EOSDAC).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the (EOSDAC) eosDAC is safe inside your wallet, you're all done.