1. Sign Up on Bankera Exchange
Bankera Exchange offers a global and secure digital-asset trading platform featuring a comfortable interface for all-level traders. It is the second product by the team behind Bankera Exchange on a mission to build the financial infrastructure for the blockchain era.
Built on years of expertise in crypto and FinTech fields their trading platform is designed to meet the needs of today’s cryptocurrency market.
2. Deposit cryptocurrencies
The most convenient cryptocurrencies to deposit are Bitcoin BTC, -0.21% and Ethereum ETH, 0.22%. They both have trading pairs with the vast majority of cryptocurrencies listed on Bankera Exchange and therefore give you the greatest amount of flexibility. In this case, where you wish to purchase Dash, it can be traded with BTC on Bankera Exchange.
In order to make your deposit, go to the navigation bar on the left side of the website and click Wallets.
A list of available cryptocurrencies to deposit should appear on your screen. Click on the DEPOSIT button for BTC (Bitcoin), as for the cryptocurrency you wish to deposit.
The website will provide you with a deposit address for the cryptocurrency you selected. The address will be a string of numbers and letters (both lowercase and uppercase). Copy the address in its entirety and go to your wallet of choice. Send the amount you wish to deposit to the address you copied. It is quite common for the transaction to take up to half an hour to complete, so don’t expect the funds to be available on your Bankera Exchange account instantly. However, users of SpectroCoin, the first product of Bankera, can enjoy free and instant deposits of their funds to Bankera Exchange platform.
Tip 1: For your first deposit, it is recommended to start with a small amount of BTC just to be safe. Once the small amount reaches your Bankera Exchange account, you can proceed to deposit the amount you would actually like to use for trading.
Tip 2: Depositing funds from one exchange to another can sometimes be limited by restrictions. We strongly advise you to deposit directly from your wallet.
3. Check your balance
In order to check your balance, go to Wallets in the navigation bar on the left side of the website. You will see your available balance for each specific cryptocurrency.
If your deposit has already been processed, the coin and amount will appear on the list. If you have multiple coins, you can use the search bar.
4. Place a buy order for Ethereum.
To place an order, go to Trading.
For this step, we will assume you deposited BTC.
On the top right corner, select BTC and search for DASH, which is the ticker for Dash. The DASH/BTC trading pair should appear.
After clicking on the trading pair, a price chart will appear on the left side. You can place your buy order under the chart. If you want to buy DASH when it reaches a specific price, use the Limit order. Enter the desired price (in BTC) and the amount of DASH you want to buy, then click the Buy DASH button.
Tip 1: If you deposited a large amount of coins, try not to purchase your DASH all at once – instead, consider buying it at different price levels.This strategy is called unit cost averaging.
If you want to buy DASH at its current price, click on the Market tab and enter the amount of DASH you wish to buy. The order should be executed almost instantly and the DASH will be added to your balance soon.
Congratulations, you’ve just completed your first order on Bankera Exchange!
If you would like to check other exchanges where you can buy DASH – here‘s a list of all the alternatives.