A Step-by-Step-Guide on how to buy Datamine (DAM)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and to get your Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Datamine (DAM) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (DAM) Datamine Once your deposit has been verified, you'll now have access to your assets and you can launch invest and trading. To buy (DAM) Datamine on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot (DAM) Datamine, you'll need to put the shortname of the coin (DAM) into the search-box, which is marked in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “DAM/BTC” to proceed.
Step 4 – Buy (DAM) Datamine Once you have located (DAM) Datamine, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff (DAM) Datamine was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of DAM you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of DAM. When you are satisfied, make a mouse click on “Buy DAM”. Your order will be filled as soon as a Vendor sells their DAM for the price you gave.
Step 5 – Withdraw (DAM) Datamine Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. To take off your (DAM) Datamine, hover over the ”Funds” tab and click on “Withdraw”. (DAM) Datamine can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DAM) Datamine by using the given drop-down box. Put into the amount of (DAM) Datamine you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.