How to Buy Dimecoin (DIME)

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

Step 1 – Join Kraken

You will first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and getting Bitcoin (BTC) or Ethereum (ETH).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Dimecoin (DIME) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate Dimecoin (DIME)

Once your deposit has been verified, you will immediately have access to your assets and you can start buying and trading. To invest in Dimecoin (DIME) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To locate Dimecoin (DIME), you will need to put the cointype (DIME) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we've marked this too. Click on “DIME/BTC” to proceed.

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

After you've discovered Dimecoin (DIME), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate Dimecoin (DIME) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of DIME you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of DIME.

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

Step 5 – Withdraw Dimecoin (DIME)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. To withdraw your Dimecoin (DIME), go to the tab called “Funds” and click on “Withdraw”. Dimecoin (DIME) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Dimecoin (DIME) by using the provided drop-down box. Drop in the quantity of Dimecoin (DIME) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and safed Dimecoin (DIME).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the (DIME) Dimecoin is stored in your wallet, you are finished.

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