How to Buy Diamond (DMD)

A Step-by-Step-Guide on how to buy Diamond (DMD)

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your first 10$.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your Funds to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Diamond (DMD) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find (DMD) Diamond

Once your deposit has been approved, you'll instantly have access to your assets and you can launch purchasing and trading. To purchase (DMD) Diamond on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot (DMD) Diamond, you'll need to insert the shortname of the coin (DMD) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “DMD/BTC” to go ahead.

Binance Hot To Buy Diamond (DMD)
Binance How to Buy (DMD) Diamond
Step 4 – Buying (DMD) Diamond

After you've spotted (DMD) Diamond, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date rate (DMD) Diamond was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of DMD you want to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of DMD.

When you're satisfied, click on “Buy DMD”. Your plan will be filled as soon as a Seller sells their DMD for the price you submitted.

Step 5 – Withdraw (DMD) Diamond

Unless you are trading, best advise is not to keep coins on an Crypto Trader for an extended time frame. To withdraw your (DMD) Diamond, hover over the tab called “Funds” and click on “Withdraw”. (DMD) Diamond can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (DMD) Diamond by using the given drop-down box. Drop in the volumen of (DMD) Diamond you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click on “Submit”. You may be requested for phone/email verification before a take off.

Binance Withdraw

Congrats! You've successfully bought and safed Diamond (DMD).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Diamond (DMD) is stored inside your wallet, you're all done.