A Step-by-Step-Guide on how to buy DefiDollar (DUSD)
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. DefiDollar (DUSD) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find DefiDollar (DUSD) As soon as your deposit has been verified, you will directly have access to your assets and you can initiate buying and trading. To invest in DefiDollar (DUSD) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover DefiDollar (DUSD), you will need to put the cointype (DUSD) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “DUSD/BTC” to go on.
Step 4 – Buying DefiDollar (DUSD) Once you've discovered DefiDollar (DUSD), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date valuation DefiDollar (DUSD) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of DUSD you like to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the whole quantity of DUSD. When you're happy, make a mouse click on “Buy DUSD”. Your plan will be filled when a Vendor trades their DUSD for the price you offered.
Step 5 – Withdraw DefiDollar (DUSD) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time period. In order to withdraw your DefiDollar (DUSD), go to the ”Funds” tab and click on “Withdraw”. DefiDollar (DUSD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find DefiDollar (DUSD) by using the provided drop-down box. Enter the amount of DefiDollar (DUSD) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.