A Step-by-Step-Guide on how to buy DefiDollar (DUSD)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. DefiDollar (DUSD) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (DUSD) DefiDollar As soon as your deposit has been approved, you will immediately have access to your finances and you can commence purchasing and trading. To invest in (DUSD) DefiDollar on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate (DUSD) DefiDollar, you will need to insert the cointype (DUSD) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we've marked this too. Click on “DUSD/BTC” to advance.
Step 4 – Purchase DefiDollar (DUSD) Once you have located DefiDollar (DUSD), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our Limit Order. The ”Price” field will be automatically filled with the recent tariff DefiDollar (DUSD) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of DUSD you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of DUSD. When you're satisfied, click on “Buy DUSD”. Your order will be filled as soon as a Vendor trades their DUSD for the price you gave.
Step 5 – Withdraw (DUSD) DefiDollar Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extensive time period. To withdraw your (DUSD) DefiDollar, go to the ”Funds” tab and click on “Withdraw”. (DUSD) DefiDollar can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (DUSD) DefiDollar by using the given drop-down box. Enter the amount of (DUSD) DefiDollar you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.