A Step-by-Step-Guide on how to buy BoringDAO (BOR)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BoringDAO (BOR) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate BoringDAO (BOR) As soon as your deposit has been approved, you will now have access to your finances and you can commence purchasing and trading. To buy BoringDAO (BOR) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to spot BoringDAO (BOR), you will need to insert the cointype (BOR) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we have highlighted this also. Click on “BOR/BTC” to proceed.
Step 4 – Purchase (BOR) BoringDAO Once you've found (BOR) BoringDAO, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our Limit Order. The ”Price” field will be automatically filled with the most recent price (BOR) BoringDAO was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of BOR you want to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of BOR. If you're glad, make a mouse click on “Buy BOR”. Your order will be filled when a Seller trades their BOR for the price you offered.
Step 5 – Withdraw (BOR) BoringDAO Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. To take off your (BOR) BoringDAO, hover over the tab called “Funds” and click on “Withdraw”. (BOR) BoringDAO can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BOR) BoringDAO by using the given drop-down box. Put into the amount of (BOR) BoringDAO you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.