A Step-by-Step-Guide on how to buy Dreamcoin (DRM)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Dreamcoin (DRM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Dreamcoin (DRM) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can start invest and trading. To purchase Dreamcoin (DRM) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Dreamcoin (DRM), you will need to insert the shortname of the coin (DRM) into the search box, which is marked in the image. Make sure you have selected the correct grouping, we've marked this also. Click on “DRM/BTC” to progress.
Step 4 – Buying (DRM) Dreamcoin As soon as you have located (DRM) Dreamcoin, 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 going to create our Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff (DRM) Dreamcoin was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of DRM you want to buy. The ”Total” field is the total price in BTC that you will pay for the whole quantity of DRM. If you are satisfied, make a mouse click on “Buy DRM”. Your order will be filled as soon as a Seller sells their DRM for the price you submitted.
Step 5 – Withdraw Dreamcoin (DRM) Unless you're trading, best advise is not to keep your crypto on an Exchange for an longer time frame. To withdraw your Dreamcoin (DRM), hover over the tab called “Funds” and click on “Withdraw”. Dreamcoin (DRM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dreamcoin (DRM) by using the given drop-down box. Drop in the quantity of Dreamcoin (DRM) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be asked for email/phone verification before a withdrawal.