A Step-by-Step-Guide on how to buy Solar DAO (SDAO)
Step 1 –
Signup to Kraken
You will first need to buy one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and getting Bitcoin or Ethereum.
Step 2 –
Transmit Your Funds to an Exchange
Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Solar DAO (SDAO) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)
Make sure you've chosen the exact coin you want to deposit.
Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 –
Find Solar DAO (SDAO)
As soon as your deposit has been verified, you'll directly have access to your finances and you can launch purchasing and trading. To invest in Solar DAO (SDAO) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.
In order to discover Solar DAO (SDAO), you'll need to insert the cointype (SDAO) into the search box, which is marked in the graphic. Be certain of having selected the proper pairing, we have marked this too. Click on “SDAO/BTC” to go on.
Step 4 –
Purchasing Solar DAO (SDAO)
As soon as you've located Solar DAO (SDAO), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order.
The ”Price” field will be filled automatically with the most recent rate Solar DAO (SDAO) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of SDAO you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of SDAO.
When you're happy, make a mouse click on “Buy SDAO”. Your order will be filled when a Vendor sells their SDAO for the price you gave.
Step 5 –
Withdraw Solar DAO (SDAO)
Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an longer period of time. To withdraw your Solar DAO (SDAO), hover over the tab called “Funds” and mouse click on “Withdraw”. Solar DAO (SDAO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)
Find Solar DAO (SDAO) by using the given drop-down box. Put into the amount of Solar DAO (SDAO) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.
If you're glad, click on “Submit”. You may be asked for phone/email verification before a withdrawal.