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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 – Transfer Your Funds to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. xDAI Stake (STAKE) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find xDAI Stake (STAKE)

As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To buy xDAI Stake (STAKE) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to locate xDAI Stake (STAKE), you'll need to put the short name of the asset (STAKE) into the search-box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked 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 have discovered xDAI Stake (STAKE), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our Limit Order.

The ”Price” field will be filled with the up-to-date valuation xDAI Stake (STAKE) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of STAKE you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of STAKE.

When you are satisfied, click on “Buy STAKE”. Your order will be filled when a Vender trades their STAKE for the price you gave.

Step 5 – Withdraw xDAI Stake (STAKE)

Unless you're trading, never keep your crypto on an Crypto Exchange for an extensive time period. In order to withdraw your xDAI Stake (STAKE), hover over the ”Funds” tab and click on “Withdraw”. xDAI Stake (STAKE) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate xDAI Stake (STAKE) by using the provided drop-down box. Drop in the quantity of xDAI Stake (STAKE) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, click “Submit”. You may be requested for phone/email verification before a withdrawal.

Kudos! You've successfully purchased and stored xDAI Stake (STAKE).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the xDAI Stake (STAKE) is stored in your wallet, you are done.

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