How to Buy BoringDAO (BOR)

A Step-by-Step-Guide on how to buy BoringDAO (BOR)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and receive Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Funds to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. BoringDAO (BOR) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find BoringDAO (BOR)

Once your deposit has been affirmed, you will directly have access to your assets and you can launch buying and trading. To buy (BOR) BoringDAO on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot (BOR) BoringDAO, you'll need to insert the short name of the asset (BOR) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “BOR/BTC” to continue.

How to buy Coin on Binance 1 BoringDAO (BOR)
Step 4 – Purchase (BOR) BoringDAO

As soon as you have found (BOR) BoringDAO, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the recent valuation (BOR) BoringDAO was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of BOR you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the complete amount of BOR.

If you are satisfied, click on “Buy BOR”. Your plan will be filled as soon as a Seller sells their BOR for the price you offered.

Step 5 – Withdraw BoringDAO (BOR)

Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time period. To take off your BoringDAO (BOR), hover over the “Funds” tab and click on “Withdraw”. BoringDAO (BOR) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BOR) BoringDAO by using the provided drop-down box. Put into the quantity of BoringDAO (BOR) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.

Congrats! You've successfully bought and safed (BOR) BoringDAO.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the BoringDAO (BOR) is safe inside your wallet, you're finished.