How to Buy rDAI (RDAI)

A Step-by-Step-Guide on how to buy rDAI (RDAI)

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting your first $10.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

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

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find rDAI (RDAI)

Once your deposit has been confirmed, you'll now have access to your finances and you can initiate purchasing and trading. To purchase rDAI (RDAI) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”.

In order to discover rDAI (RDAI), you'll need to put the shortname of the coin (RDAI) into the search box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've highlighted this too. Click on “RDAI/BTC” to continue.

Binance Hot To Buy rDAI (RDAI)
Binance How to Buy (RDAI) rDAI
Step 4 – Purchase rDAI (RDAI)

Once you have spotted rDAI (RDAI), you'll be given 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 field with the “Price” tag will be filled with the recent rate rDAI (RDAI) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of RDAI you want to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of RDAI.

If you're glad, click on “Buy RDAI”. Your plan will be filled as soon as a Vender trades their RDAI for the price you introduced.

Step 5 – Withdraw rDAI (RDAI)

Unless you're trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your rDAI (RDAI), hover over the ”Funds” tab and mouse click on “Withdraw”. rDAI (RDAI) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate rDAI (RDAI) by using the provided drop-down box. Drop in the amount of rDAI (RDAI) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You could be requested for email/phone verification before a take off.

Binance Withdraw

Congrats! You have successfully bought and safed (RDAI) rDAI.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (RDAI) rDAI is safe within your wallet, you are done.