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).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. xDAI Stake (STAKE) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find xDAI Stake (STAKE)

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

To spot xDAI Stake (STAKE), you will need to put the shortname of the coin (STAKE) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “STAKE/BTC” to continue.

Step 4 – Purchasing xDAI Stake (STAKE)

As soon as you've discovered xDAI Stake (STAKE), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most latest price xDAI Stake (STAKE) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of STAKE you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of STAKE.

When you're happy, make a mouse click on “Buy STAKE”. Your order will be filled when a Seller sells their STAKE for the price you submitted.

Step 5 – Withdraw xDAI Stake (STAKE)

Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extensive period of time. In order to withdraw your xDAI Stake (STAKE), go to the ”Funds” tab and click on “Withdraw”. xDAI Stake (STAKE) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

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