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).
Step 2 – Transfer Your Funds to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Dimecoin (DIME) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Dimecoin (DIME) Once your deposit has been approved, you will directly have access to your finances and you can commence buying and trading. To buy Dimecoin (DIME) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to discover Dimecoin (DIME), you will need to insert the cointype (DIME) into the search-box, which is marked in the image. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “DIME/BTC” to go ahead.
Step 4 – Buy Dimecoin (DIME) Once you've located Dimecoin (DIME), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation Dimecoin (DIME) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of DIME you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of DIME. When you're happy, click on “Buy DIME”. Your order will be filled when a Seller trades their DIME for the price you gave.
Step 5 – Withdraw Dimecoin (DIME) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To take off your Dimecoin (DIME), hover over the ”Funds” tab and mouse click on “Withdraw”. Dimecoin (DIME) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Dimecoin (DIME) by using the provided drop-down box. Put into the volumen of Dimecoin (DIME) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.