How to Buy xDAI Stake (STAKE)

A Step-by-Step-Guide on how to buy xDAI Stake (STAKE)

Step 1 – Signup to Kraken

You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and receive ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. xDAI Stake (STAKE) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate xDAI Stake (STAKE)

As soon as your deposit has been verified, you'll instantly have access to your funds and you can start purchasing and trading. To buy xDAI Stake (STAKE) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To discover xDAI Stake (STAKE), you'll need to put the short name of the asset (STAKE) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have marked this too. Click on “STAKE/BTC” to proceed.

Binance Hot To Buy xDAI Stake (STAKE)
Binance How to Buy (STAKE) xDAI Stake
Step 4 – Acquisition of xDAI Stake (STAKE)

After you've located xDAI Stake (STAKE), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff xDAI Stake (STAKE) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of STAKE you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of STAKE.

If you're glad, click on “Buy STAKE”. Your order will be filled when a Seller trades their STAKE for the price you introduced.

Step 5 – Withdraw xDAI Stake (STAKE)

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

Locate xDAI Stake (STAKE) by using the given drop-down box. Drop in the quantity of xDAI Stake (STAKE) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

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

Binance Withdraw

Congratulations! You have successfully purchased and stored xDAI Stake (STAKE).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off with Ethplorer.io or Etherscan.io and the (STAKE) xDAI Stake is safe within your wallet, you are finished.

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