A Step-by-Step-Guide on how to buy Demeter Chain (DMTC)
Step 1 – Join Kraken You will first need to buy units of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Demeter Chain (DMTC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Demeter Chain (DMTC) As soon as your deposit has been approved, you'll directly have access to your assets and you can begin invest and trading. To purchase Demeter Chain (DMTC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to spot Demeter Chain (DMTC), you'll need to insert the cointype (DMTC) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “DMTC/BTC” to progress.
Step 4 – Acquisition of Demeter Chain (DMTC) As soon as you've found Demeter Chain (DMTC), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the recent price Demeter Chain (DMTC) was traded for. You can change this to your desired price. The ”Amount” field is the amount of DMTC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of DMTC. If you're satisfied, click on “Buy DMTC”. Your plan will be filled when a Seller sells their DMTC for the price you introduced.
Step 5 – Withdraw Demeter Chain (DMTC) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. To take off your Demeter Chain (DMTC), hover over the ”Funds” tab and mouse click on “Withdraw”. Demeter Chain (DMTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Demeter Chain (DMTC) by using the provided drop-down box. Drop in the volumen of Demeter Chain (DMTC) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.