A Step-by-Step-Guide on how to buy Digital Rand (DZAR)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting your first 10$.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Digital Rand (DZAR) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (DZAR) Digital Rand As soon as your deposit has been verified, you'll immediately have access to your finances and you can start invest and trading. To invest in Digital Rand (DZAR) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover (DZAR) Digital Rand, you will need to insert the short name of the asset (DZAR) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “DZAR/BTC” to proceed.
Step 4 – Purchase Digital Rand (DZAR) After you've discovered Digital Rand (DZAR), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our Limit Order. The “Price” field will be automatically filled with the latest rate (DZAR) Digital Rand was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of DZAR you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of DZAR. If you are satisfied, click on “Buy DZAR”. Your plan will be filled when a Vendor sells their DZAR for the price you introduced.
Step 5 – Withdraw Digital Rand (DZAR) Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time period. In order to take off your (DZAR) Digital Rand, go to the “Funds” tab and click on “Withdraw”. Digital Rand (DZAR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (DZAR) Digital Rand by using the given drop-down box. Put into the amount of Digital Rand (DZAR) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via phone/email before a take off.