A Step-by-Step-Guide on how to buy Diamond (DMD)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and to get your welcome 10$.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Diamond (DMD) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Diamond (DMD) Once your deposit has been affirmed, you will instantly have access to your assets and you can commence purchasing and trading. To buy Diamond (DMD) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to find Diamond (DMD), you will need to put the short name of the asset (DMD) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we have highlighted this too. Click on “DMD/BTC” to progress.
Step 4 – Buy (DMD) Diamond Once you have discovered (DMD) Diamond, you'll be presented with a Chart with Prices (in the Center of the picture) and some 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 up-to-date tariff (DMD) Diamond was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of DMD you want to buy. The ”Total” field is the total price in BTC that you'll pay for the complete amount of DMD. If you're satisfied, click on “Buy DMD”. Your plan will be filled when a Seller trades their DMD for the price you introduced.
Step 5 – Withdraw Diamond (DMD) Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. In order to withdraw your Diamond (DMD), hover over the ”Funds” tab and click on “Withdraw”. Diamond (DMD) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Diamond (DMD) by using the provided drop-down box. Put into the amount of Diamond (DMD) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.