A Step-by-Step-Guide on how to buy Dash (DASH)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Dash (DASH) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Dash (DASH) Once your deposit has been affirmed, you'll now have access to your assets and you can start invest and trading. To purchase Dash (DASH) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To discover Dash (DASH), you'll need to insert the short name of the asset (DASH) into the search box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “DASH/BTC” to go on.
Step 4 – Purchasing Dash (DASH) Once you have located Dash (DASH), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation Dash (DASH) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of DASH you wish to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of DASH. If you are glad, make a mouse click on “Buy DASH”. Your plan will be filled when a Vendor trades their DASH for the price you submitted.
Step 5 – Withdraw Dash (DASH) Unless you are frequently trading, never keep your crypto on an Exchange for an extensive period of time. To withdraw your Dash (DASH), hover over the ”Funds” tab and mouse click on “Withdraw”. Dash (DASH) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dash (DASH) by using the provided drop-down box. Drop in the amount of Dash (DASH) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.