How to Buy eosDAC (EOSDAC)

A Step-by-Step-Guide on how to buy eosDAC (EOSDAC)

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

In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your welcome 10 Dollar.

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. eosDAC (EOSDAC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate eosDAC (EOSDAC)

As soon as your deposit has been approved, you'll immediately have access to your funds and you can launch purchasing and trading. To buy eosDAC (EOSDAC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot eosDAC (EOSDAC), you will need to put the cointype (EOSDAC) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have marked this too. Click on “EOSDAC/BTC” to continue.

Binance How To Buy 1 eosDAC (EOSDAC)
Step 4 – Buying eosDAC (EOSDAC)

After you've spotted (EOSDAC) eosDAC, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate (EOSDAC) eosDAC was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of EOSDAC you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of EOSDAC.

When you're satisfied, click on “Buy EOSDAC”. Your plan will be filled when a Seller sells their EOSDAC for the price you introduced.

Step 5 – Withdraw (EOSDAC) eosDAC

Unless you are regularly trading, best advise is not to keep coins on an Exchange for an extended time period. In order to withdraw your eosDAC (EOSDAC), go to the tab called “Funds” and click on “Withdraw”. eosDAC (EOSDAC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find eosDAC (EOSDAC) by using the given drop-down box. Enter the quantity of eosDAC (EOSDAC) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.

Kudos! You have successfully bought and safed (EOSDAC) eosDAC.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (EOSDAC) eosDAC is stored inside your wallet, you're done.