A Step-by-Step-Guide on how to buy DAOstack (GEN)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and to get your first 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. DAOstack (GEN) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate DAOstack (GEN) Once your deposit has been affirmed, you will directly have access to your finances and you can commence invest and trading. To invest in DAOstack (GEN) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate DAOstack (GEN), you'll need to put the shortname of the coin (GEN) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we have highlighted this also. Click on “GEN/BTC” to continue.
Step 4 – Purchasing (GEN) DAOstack As soon as you have spotted DAOstack (GEN), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff (GEN) DAOstack was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of GEN you want to purchase. The “Total” field is the total price in BTC that you'll pay for the complete quantity of GEN. When you are satisfied, click on “Buy GEN”. Your order will be filled as soon as a Vendor sells their GEN for the price you offered.
Step 5 – Withdraw (GEN) DAOstack Unless you're frequently trading, never keep your crypto on an Crypto Trader for an extensive time frame. In order to withdraw your DAOstack (GEN), hover over the tab called “Funds” and click on “Withdraw”. DAOstack (GEN) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find DAOstack (GEN) by using the provided drop-down box. Put into the volumen of DAOstack (GEN) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click “Submit”. You may be requested for phone/email verification before a withdrawal.