How to Buy Karma DAO (KARMA)

A Step-by-Step-Guide on how to buy Karma DAO (KARMA)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Karma DAO (KARMA) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've chosen the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find (KARMA) Karma DAO

As soon as your deposit has been approved, you'll immediately have access to your assets and you can initiate buying and trading. To buy Karma DAO (KARMA) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”.

To discover (KARMA) Karma DAO, you'll need to insert the short name of the asset (KARMA) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “KARMA/BTC” to advance.

How to buy Coin on Binance 1 Karma DAO (KARMA)
Step 4 – Purchase (KARMA) Karma DAO

Once you've located Karma DAO (KARMA), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our Limit Order.

The “Price” field will be filled automatically with the recent valuation Karma DAO (KARMA) was traded for. You can change this to your desired price. The “Amount” field is the volumen of KARMA you like to buy. The “Total” field is the whole price in BTC that you will settle for the complete volumen of KARMA.

If you're satisfied, click on “Buy KARMA”. Your order will be filled as soon as a Vendor sells their KARMA for the price you offered.

Step 5 – Withdraw Karma DAO (KARMA)

Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an longer time frame. To withdraw your Karma DAO (KARMA), hover over the tab called “Funds” and mouse click on “Withdraw”. (KARMA) Karma DAO can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (KARMA) Karma DAO by using the provided drop-down box. Drop in the quantity of (KARMA) Karma DAO you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

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

Congratulations! You have successfully purchased and safed Karma DAO (KARMA).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off with or and the Karma DAO (KARMA) is stored in your wallet, you're finished.