How to Buy Karma DAO (KARMA)

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

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

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

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Karma DAO (KARMA) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (KARMA) Karma DAO

As soon as your deposit has been affirmed, you will directly have access to your finances and you can launch invest and trading. To invest in (KARMA) Karma DAO on Binance, you will want to go to the “Exchange” tab and then click on “Basic”.

In order to find Karma DAO (KARMA), you'll need to insert the shortname of the coin (KARMA) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we've marked this too. Click on “KARMA/BTC” to advance.

Binance How To Buy 1 Karma DAO (KARMA)
Step 4 – Buying (KARMA) Karma DAO

After you have discovered (KARMA) Karma DAO, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we are going to make our Limit Order.

The “Price” field will be automatically filled with the most latest price (KARMA) Karma DAO was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of KARMA you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of KARMA.

If you're satisfied, make a mouse click on “Buy KARMA”. Your order will be filled when a Seller sells their KARMA for the price you gave.

Step 5 – Withdraw (KARMA) Karma DAO

Unless you're trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your (KARMA) Karma DAO, go to the “Funds” tab and mouse click on “Withdraw”. (KARMA) Karma DAO can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (KARMA) Karma DAO by using the given drop-down box. Enter the volumen of (KARMA) Karma DAO you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, click “Submit”. You could be requested for phone/email verification before a withdrawal.

Congratulations! You have successfully bought and stored (KARMA) Karma DAO.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Karma DAO (KARMA) is stored in your wallet, you're finished.