A Step-by-Step-Guide on how to buy Dreamcoin (DRM)
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and getting Bitcoin or Ethereum.
Step 2 – Transmit Your Funds to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Dreamcoin (DRM) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Dreamcoin (DRM) As soon as your deposit has been approved, you'll immediately have access to your funds and you can commence invest and trading. To purchase Dreamcoin (DRM) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find Dreamcoin (DRM), you'll need to put the cointype (DRM) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “DRM/BTC” to progress.
Step 4 – Acquisition of Dreamcoin (DRM) Once you have found Dreamcoin (DRM), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our Limit Order. The ”Price” field will be filled automatically with the most latest price Dreamcoin (DRM) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of DRM you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of DRM. If you are happy, make a mouse click on “Buy DRM”. Your order will be filled when a Seller trades their DRM for the price you submitted.
Step 5 – Withdraw Dreamcoin (DRM) Unless you're frequently trading, never keep your crypto on an Crypto Trader for an longer time period. To take off your Dreamcoin (DRM), hover over the ”Funds” tab and click on “Withdraw”. Dreamcoin (DRM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dreamcoin (DRM) by using the provided drop-down box. Put into the quantity of Dreamcoin (DRM) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.