common-close-0
BYDFi
Trade wherever you are!

How can I buy Dai with Bitcoin on Binance?

avatardriwnDec 27, 2021 · 3 years ago3 answers

I would like to know the process of buying Dai with Bitcoin on Binance. Can you provide a step-by-step guide?

How can I buy Dai with Bitcoin on Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to buy Dai with Bitcoin on Binance: 1. Sign in to your Binance account. 2. Go to the 'Funds' tab and select 'Balances'. 3. Search for Bitcoin in the search bar and click on 'Deposit'. 4. Copy the Bitcoin deposit address. 5. Send your Bitcoin to the provided address. 6. Once the Bitcoin deposit is confirmed, go to the 'Trade' tab and select 'BTC/Dai'. 7. Enter the amount of Bitcoin you want to convert to Dai and click on 'Buy'. 8. Confirm the transaction and wait for the order to be executed. 9. Once the order is completed, you will have successfully bought Dai with Bitcoin on Binance. I hope this helps! Let me know if you have any further questions.
  • avatarDec 27, 2021 · 3 years ago
    Buying Dai with Bitcoin on Binance is a straightforward process. Here's what you need to do: 1. Log in to your Binance account. 2. Navigate to the 'Funds' section and click on 'Balances'. 3. Look for Bitcoin in the list of available cryptocurrencies and click on 'Deposit'. 4. Copy the Bitcoin deposit address provided. 5. Send your Bitcoin to the given address. 6. Once the Bitcoin deposit is confirmed, go to the 'Trade' section and select the BTC/Dai trading pair. 7. Enter the amount of Bitcoin you want to convert to Dai and place a buy order. 8. Confirm the transaction and wait for the order to be filled. 9. Congratulations! You have successfully purchased Dai with Bitcoin on Binance. If you encounter any issues during the process, feel free to reach out for assistance.
  • avatarDec 27, 2021 · 3 years ago
    To buy Dai with Bitcoin on Binance, you can follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Funds' tab and click on 'Balances'. 3. Search for Bitcoin in the list of cryptocurrencies and click on 'Deposit'. 4. Copy the Bitcoin deposit address provided. 5. Send your Bitcoin to the given address. 6. Once the Bitcoin deposit is confirmed, go to the 'Trade' tab and select 'BTC/Dai'. 7. Enter the amount of Bitcoin you want to convert to Dai and place a buy order. 8. Confirm the transaction and wait for the order to be executed. 9. Congratulations! You have successfully bought Dai with Bitcoin on Binance. Please note that the process may vary slightly depending on any updates or changes made by Binance. If you need further assistance, you can contact Binance support for more information.