A Step-by-Step-Guide on how to buy Dynamic (DYN)
Step 1 – Join Kraken You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Dynamic (DYN) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Dynamic (DYN) Once your deposit has been approved, you will directly have access to your funds and you can start invest and trading. To invest in Dynamic (DYN) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate Dynamic (DYN), you will need to put the shortname of the coin (DYN) into the search box, which is marked in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “DYN/BTC” to progress.
Step 4 – Acquisition of Dynamic (DYN) As soon as you've located Dynamic (DYN), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff Dynamic (DYN) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of DYN you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of DYN. When you are happy, click on “Buy DYN”. Your plan will be filled when a Vendor sells their DYN for the price you submitted.
Step 5 – Withdraw Dynamic (DYN) Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extended period of time. To withdraw your Dynamic (DYN), hover over the tab called “Funds” and mouse click on “Withdraw”. Dynamic (DYN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dynamic (DYN) by using the given drop-down box. Drop in the amount of Dynamic (DYN) you'd like to take off. Take into account the displayed 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 email/phone before a take off.