How to Buy WeiDai (WEIDAI)

A Step-by-Step-Guide on how to buy WeiDai (WEIDAI)

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

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

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. WeiDai (WEIDAI) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find WeiDai (WEIDAI)

Once your deposit has been confirmed, you'll directly have access to your assets and you can begin purchasing and trading. To buy WeiDai (WEIDAI) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate WeiDai (WEIDAI), you'll need to put the short name of the asset (WEIDAI) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “WEIDAI/BTC” to proceed.

Binance How To Buy 1 WeiDai (WEIDAI)
Step 4 – Purchasing (WEIDAI) WeiDai

After you've found (WEIDAI) WeiDai, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation WeiDai (WEIDAI) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of WEIDAI you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole volumen of WEIDAI.

If you're happy, click on “Buy WEIDAI”. Your plan will be filled as soon as a Vendor trades their WEIDAI for the price you gave.

Step 5 – Withdraw (WEIDAI) WeiDai

Unless you're trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. In order to take off your (WEIDAI) WeiDai, go to the “Funds” tab and click on “Withdraw”. (WEIDAI) WeiDai can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (WEIDAI) WeiDai by using the provided drop-down box. Drop in the volumen of (WEIDAI) WeiDai you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Congratulations! You've successfully purchased and safed WeiDai (WEIDAI).

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the WeiDai (WEIDAI) is safe inside your wallet, you're done.