A Step-by-Step-Guide on how to buy BoringDAO (BOR)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your first 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. BoringDAO (BOR) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (BOR) BoringDAO Once your deposit has been affirmed, you will directly have access to your finances and you can commence invest and trading. To buy (BOR) BoringDAO on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. In order to discover (BOR) BoringDAO, you will need to insert the shortname of the coin (BOR) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “BOR/BTC” to go ahead.
Step 4 – Acquisition of (BOR) BoringDAO Once you've spotted (BOR) BoringDAO, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price (BOR) BoringDAO was sold for. You can change this to your desired rate. The “Amount” field is the volumen of BOR you want to purchase. The “Total” field is the total price in Bitcoin that you will pay for the complete quantity of BOR. When you're happy, click on “Buy BOR”. Your order will be filled as soon as a Vender trades their BOR for the price you submitted.
Step 5 – Withdraw (BOR) BoringDAO Unless you are frequently trading, you should never keepyour crypto on an Exchange for an longer period of time. To take off your BoringDAO (BOR), hover over the “Funds” tab and mouse click on “Withdraw”. (BOR) BoringDAO can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate BoringDAO (BOR) by using the provided drop-down box. Drop in the volumen of (BOR) BoringDAO you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.