A Step-by-Step-Guide on how to buy Dreamcoin (DRM)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and to get your welcome $10.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Dreamcoin (DRM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Dreamcoin (DRM) Once your deposit has been verified, you'll directly have access to your finances and you can initiate invest and trading. To invest in Dreamcoin (DRM) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate Dreamcoin (DRM), you'll need to put the short name of the asset (DRM) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “DRM/BTC” to proceed.
Step 4 – Buy (DRM) Dreamcoin After you have found (DRM) Dreamcoin, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation (DRM) Dreamcoin was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of DRM you wish to buy. The ”Total” field is the total price in BTC that you will pay for the complete amount of DRM. When you're glad, click on “Buy DRM”. Your plan will be filled when a Seller sells their DRM for the price you offered.
Step 5 – Withdraw Dreamcoin (DRM) Unless you are trading, best advise is not to keep coins on an Exchange for an extensive period of time. In order to withdraw your Dreamcoin (DRM), go to the ”Funds” tab and mouse click on “Withdraw”. Dreamcoin (DRM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Dreamcoin (DRM) by using the given drop-down box. Drop in the amount of Dreamcoin (DRM) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.