A Step-by-Step-Guide on how to buy DynamicCoin (DMC)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and receive your welcome 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. DynamicCoin (DMC) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate DynamicCoin (DMC) Once your deposit has been approved, you'll instantly have access to your funds and you can start buying and trading. To buy DynamicCoin (DMC) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to find DynamicCoin (DMC), you'll need to put the short name of the asset (DMC) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “DMC/BTC” to proceed.
Step 4 – Purchasing (DMC) DynamicCoin After you have spotted (DMC) DynamicCoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our own Limit Order. The ”Price” field will be filled with the up-to-date price (DMC) DynamicCoin was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of DMC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of DMC. If you're happy, click on “Buy DMC”. Your plan will be filled when a Vendor trades their DMC for the price you gave.
Step 5 – Withdraw DynamicCoin (DMC) Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extended period of time. In order to withdraw your DynamicCoin (DMC), go to the tab called “Funds” and click on “Withdraw”. DynamicCoin (DMC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate DynamicCoin (DMC) by using the provided drop-down box. Enter the quantity of DynamicCoin (DMC) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.