How to Buy Governor DAO (GDAO)

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

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

You'll first need to purchase one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive your welcome $10.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Governor DAO (GDAO) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find Governor DAO (GDAO)

As soon as your deposit has been verified, you'll directly have access to your assets and you can initiate invest and trading. To buy (GDAO) Governor DAO on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”.

In order to spot Governor DAO (GDAO), you'll need to put the cointype (GDAO) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have marked this too. Click on “GDAO/BTC” to continue.

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

After you have spotted Governor DAO (GDAO), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date tariff (GDAO) Governor DAO was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of GDAO you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the complete volumen of GDAO.

If you're satisfied, make a mouse click on “Buy GDAO”. Your order will be filled as soon as a Seller sells their GDAO for the price you submitted.

Step 5 – Withdraw (GDAO) Governor DAO

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. In order to take off your (GDAO) Governor DAO, go to the tab called “Funds” and click on “Withdraw”. Governor DAO (GDAO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (GDAO) Governor DAO by using the provided drop-down box. Put into the amount of (GDAO) Governor DAO you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

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

Congratulations! You have successfully bought and stored Governor DAO (GDAO).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the Governor DAO (GDAO) is safe in your wallet, you are finished.