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Where to buy dForce DAI (DDAI)

A Step-by-Step-Guide on where to buy dForce DAI (DDAI)

Step 1 – Signup to CEX.io

You will first need to purchase units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. dForce DAI (DDAI) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find dForce DAI (DDAI)

Once your deposit has been approved, you'll now have access to your finances and you can begin buying and trading. To invest in dForce DAI (DDAI) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover dForce DAI (DDAI), you'll need to put the short name of the asset (DDAI) into the search-box, which is marked in the graphic. Be certain of having selected the right pairing, we have marked this also. Click on “DDAI/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} dForce DAI (DDAI)
Step 4 – Purchasing dForce DAI (DDAI)

As soon as you have spotted dForce DAI (DDAI), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent tariff dForce DAI (DDAI) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of DDAI you wish to buy. The ”Total” field is the total price in BTC that you will settle for the whole volumen of DDAI.

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

Step 5 – Withdraw dForce DAI (DDAI)

Unless you're frequently trading, never keep your crypto coins on an Exchange for an longer period of time. In order to take off your dForce DAI (DDAI), go to the tab called “Funds” and mouse click on “Withdraw”. dForce DAI (DDAI) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate dForce DAI (DDAI) by using the given drop-down box. Drop in the amount of dForce DAI (DDAI) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, click “Submit”. You may be requested for verfication via email/phone before a take off.

Kudos! You have successfully bought and stored dForce DAI (DDAI).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the dForce DAI (DDAI) is stored within your wallet, you're done.

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