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How to Buy rDAI (RDAI)

A Step-by-Step-Guide on how to buy rDAI (RDAI)

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and getting your welcome 10 Dollar.

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. rDAI (RDAI) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate (RDAI) rDAI

As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can start purchasing and trading. To invest in (RDAI) rDAI on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot (RDAI) rDAI, you'll need to put the shortname of the coin (RDAI) into the search box, which is marked in the picture. Make sure you have choosen the correct grouping, we have marked this also. Click on “RDAI/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} rDAI (RDAI)
Step 4 – Acquisition of rDAI (RDAI)

After you've discovered rDAI (RDAI), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our Limit Order.

The ”Price” field will be filled with the most up-to-date price rDAI (RDAI) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of RDAI you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of RDAI.

If you are glad, click on “Buy RDAI”. Your order will be filled as soon as a Vender trades their RDAI for the price you offered.

Step 5 – Withdraw (RDAI) rDAI

Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (RDAI) rDAI, go to the tab called “Funds” and mouse click on “Withdraw”. (RDAI) rDAI can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (RDAI) rDAI by using the provided drop-down box. Put into the amount of (RDAI) rDAI you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You may be asked for verfication via phone/email before a take off.

Kudos! You have successfully bought and safed rDAI (RDAI).

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the rDAI (RDAI) is stored within your wallet, you're finished.