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How to Buy Daneel (DAN)

A Step-by-Step-Guide on how to buy Daneel (DAN)

Step 1 – Signup to CEX.io

You'll first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Daneel (DAN) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you have selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Daneel (DAN)

Once your deposit has been confirmed, you will instantly have access to your assets and you can begin purchasing and trading. To buy Daneel (DAN) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To locate Daneel (DAN), you will need to insert the short name of the asset (DAN) into the search-box, which is highlighted in the picture. Be certain of having selected the proper grouping, we have highlighted this too. Click on “DAN/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Daneel (DAN)
Step 4 – Buy Daneel (DAN)

Once you've found Daneel (DAN), you'll be presented with a Chart with Prices (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 with the most recent price Daneel (DAN) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of DAN you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole amount of DAN.

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

Step 5 – Withdraw Daneel (DAN)

Unless you're trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time frame. In order to take off your Daneel (DAN), hover over the tab called “Funds” and mouse click on “Withdraw”. Daneel (DAN) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Daneel (DAN) by using the provided drop-down box. Drop in the amount of Daneel (DAN) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

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

Kudos! You've successfully purchased and safed Daneel (DAN).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Daneel (DAN) is safe inside your wallet, you're all done.

Some other Guides on How to buy different Altcoins

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