How to Buy Dimecoin (DIME)

A Step-by-Step-Guide on how to buy Dimecoin (DIME)

Step 1 – Join CEX.io

You'll first need to purchase units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Dimecoin (DIME) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Locate (DIME) Dimecoin

Once your deposit has been confirmed, you will directly have access to your assets and you can commence invest and trading. To invest in (DIME) Dimecoin on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to find (DIME) Dimecoin, you will need to insert the cointype (DIME) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this also. Click on “DIME/BTC” to progress.

Binance Hot To Buy Dimecoin (DIME)
Binance How to Buy (DIME) Dimecoin
Step 4 – Buying Dimecoin (DIME)

As soon as you've spotted Dimecoin (DIME), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order.

The ”Price” field will be filled with the up-to-date price Dimecoin (DIME) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of DIME you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of DIME.

If you are glad, make a mouse click on “Buy DIME”. Your plan will be filled when a Seller trades their DIME for the price you introduced.

Step 5 – Withdraw (DIME) Dimecoin

Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an longer period of time. In order to withdraw your (DIME) Dimecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (DIME) Dimecoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DIME) Dimecoin by using the given drop-down box. Enter the volumen of (DIME) Dimecoin you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and safed Dimecoin (DIME).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Dimecoin (DIME) is stored inside your wallet, you're all done.