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How to Buy xDAI Stake (STAKE)

A Step-by-Step-Guide on how to buy xDAI Stake (STAKE)

Step 1 – Signup to CEX.io

You will first need to buy units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. xDAI Stake (STAKE) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate xDAI Stake (STAKE)

As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate invest and trading. To invest in xDAI Stake (STAKE) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to discover xDAI Stake (STAKE), you'll need to insert the short name of the asset (STAKE) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “STAKE/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} xDAI Stake (STAKE)
Step 4 – Acquisition of xDAI Stake (STAKE)

As soon as you've discovered xDAI Stake (STAKE), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The ”Price” field will be filled with the most recent rate xDAI Stake (STAKE) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of STAKE you want to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the complete quantity of STAKE.

When you're happy, click on “Buy STAKE”. Your order will be filled when a Vender trades their STAKE for the price you offered.

Step 5 – Withdraw xDAI Stake (STAKE)

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. In order to take off your xDAI Stake (STAKE), go to the tab called “Funds” and mouse click on “Withdraw”. xDAI Stake (STAKE) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate xDAI Stake (STAKE) by using the given drop-down box. Drop in the quantity of xDAI Stake (STAKE) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, click “Submit”. You may be asked for phone/email verification before a take off.

Congratulations! You have successfully purchased and safed xDAI Stake (STAKE).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the xDAI Stake (STAKE) is safe within your wallet, you are all done.

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