How to Buy DAOFi (DAOFI)

A Step-by-Step-Guide on how to buy DAOFi (DAOFI)

Step 1 – Signup to Coinbase and recieve 10$ for free

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and to get your welcome 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. DAOFi (DAOFI) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

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

Step 3 – Find (DAOFI) DAOFi

Once your deposit has been verified, you'll instantly have access to your finances and you can start purchasing and trading. To buy (DAOFI) DAOFi on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”.

To discover (DAOFI) DAOFi, you'll need to insert the shortname of the coin (DAOFI) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “DAOFI/BTC” to go on.

How to buy Coin on Binance 1 DAOFi (DAOFI)
Step 4 – Acquisition of (DAOFI) DAOFi

As soon as you've spotted DAOFi (DAOFI), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date valuation (DAOFI) DAOFi was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of DAOFI you want to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole amount of DAOFI.

If you are glad, click on “Buy DAOFI”. Your order will be filled when a Seller trades their DAOFI for the price you gave.

Step 5 – Withdraw DAOFi (DAOFI)

Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an longer time frame. To withdraw your DAOFi (DAOFI), go to the “Funds” tab and mouse click on “Withdraw”. DAOFi (DAOFI) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DAOFI) DAOFi by using the given drop-down box. Enter the volumen of (DAOFI) DAOFi you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

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

Congrats! You've successfully bought and stored DAOFi (DAOFI).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the DAOFi (DAOFI) is stored within your wallet, you are finished.