How to Buy Governor DAO (GDAO)

A Step-by-Step-Guide on how to buy Governor DAO (GDAO)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and getting BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency 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 identical. Governor DAO (GDAO) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (GDAO) Governor DAO

Once your deposit has been affirmed, you'll instantly have access to your assets and you can initiate purchasing and trading. To invest in Governor DAO (GDAO) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To find Governor DAO (GDAO), you'll need to put the short name of the asset (GDAO) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we have highlighted this too. Click on “GDAO/BTC” to progress.

Binance How To Buy 1 Governor DAO (GDAO)
Step 4 – Purchase Governor DAO (GDAO)

After you have discovered Governor DAO (GDAO), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our own Limit Order.

The “Price” field will be filled automatically with the most recent rate (GDAO) Governor DAO was traded for. You can change this to your desired rate. The “Amount” field is the amount of GDAO you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of GDAO.

When you're happy, make a mouse click on “Buy GDAO”. Your plan will be filled when a Vender trades their GDAO for the price you gave.

Step 5 – Withdraw (GDAO) Governor DAO

Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an longer time frame. In order to withdraw your Governor DAO (GDAO), go to the tab called “Funds” and mouse click on “Withdraw”. (GDAO) Governor DAO can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (GDAO) Governor DAO by using the given drop-down box. Put into the quantity of Governor DAO (GDAO) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.

Kudos! You've successfully bought and stored Governor DAO (GDAO).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (GDAO) Governor DAO is stored within your wallet, you are all done.