How to Buy DefiDollar DAO (DFD)

A Step-by-Step-Guide on how to buy DefiDollar DAO (DFD)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You'll first need to buy units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. DefiDollar DAO (DFD) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

Make sure you've chosen the exact coin you wish to deposit.

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

Step 3 – Find (DFD) DefiDollar DAO

As soon as your deposit has been confirmed, you will directly have access to your assets and you can start buying and trading. To purchase (DFD) DefiDollar DAO on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover DefiDollar DAO (DFD), you will need to put the cointype (DFD) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “DFD/BTC” to continue.

Binance How To Buy 1 DefiDollar DAO (DFD)
Step 4 – Buying (DFD) DefiDollar DAO

Once you've spotted (DFD) DefiDollar DAO, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our Limit Order.

The “Price” field will be filled with the recent price DefiDollar DAO (DFD) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of DFD you want to buy. The “Total” field is the aggregated price in BTC that you'll pay for the whole quantity of DFD.

When you're happy, make a mouse click on “Buy DFD”. Your order will be filled as soon as a Vendor sells their DFD for the price you gave.

Step 5 – Withdraw (DFD) DefiDollar DAO

Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time frame. In order to take off your DefiDollar DAO (DFD), hover over the tab called “Funds” and click on “Withdraw”. (DFD) DefiDollar DAO can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (DFD) DefiDollar DAO by using the given drop-down box. Enter the quantity of DefiDollar DAO (DFD) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Congratulations! You've successfully bought and safed (DFD) DefiDollar DAO.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the DefiDollar DAO (DFD) is safe in your wallet, you are all done.