A Step-by-Step-Guide on how to buy DAEX (DAX)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and receive your welcome 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. DAEX (DAX) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (DAX) DAEX As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can launch buying and trading. To buy (DAX) DAEX on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To locate (DAX) DAEX, you'll need to insert the shortname of the coin (DAX) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “DAX/BTC” to go ahead.
Step 4 – Acquisition of (DAX) DAEX Once you've found (DAX) DAEX, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation (DAX) DAEX was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of DAX you want to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of DAX. If you are happy, make a mouse click on “Buy DAX”. Your order will be filled when a Vendor trades their DAX for the price you submitted.
Step 5 – Withdraw DAEX (DAX) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. To take off your DAEX (DAX), hover over the ”Funds” tab and mouse click on “Withdraw”. DAEX (DAX) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate DAEX (DAX) by using the given drop-down box. Put into the amount of DAEX (DAX) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You may be requested for phone/email verification ahead of a take off.