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 – Send Your Funds to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. xDAI Stake (STAKE) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate xDAI Stake (STAKE)

As soon as your deposit has been affirmed, you will now have access to your funds and you can initiate invest and trading. To purchase xDAI Stake (STAKE) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”.

In order to spot xDAI Stake (STAKE), you will need to insert the short name of the asset (STAKE) into the search-box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “STAKE/BTC” to advance.

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

After you've located xDAI Stake (STAKE), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our Limit Order.

The ”Price” field will be automatically filled with the most latest valuation xDAI Stake (STAKE) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of STAKE you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of STAKE.

When you are satisfied, make a mouse click on “Buy STAKE”. Your order will be filled as soon as a Vendor trades their STAKE for the price you offered.

Step 5 – Withdraw xDAI Stake (STAKE)

Unless you're trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time period. To take off your xDAI Stake (STAKE), go to the ”Funds” tab and click on “Withdraw”. xDAI Stake (STAKE) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate xDAI Stake (STAKE) by using the provided drop-down box. Put into the quantity of xDAI Stake (STAKE) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

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

Binance Withdraw

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

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (STAKE) xDAI Stake is stored inside your wallet, you are all done.

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