Skip to content Skip to footer

How to Buy Diamond (DMD)

A Step-by-Step-Guide on how to buy Diamond (DMD)

Step 1 – Signup to CEX.io

You'll first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Diamond (DMD) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate Diamond (DMD)

Once your deposit has been verified, you will now have access to your finances and you can start invest and trading. To purchase Diamond (DMD) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”.

To spot Diamond (DMD), you will need to insert the cointype (DMD) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “DMD/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Diamond (DMD)
Step 4 – Buy (DMD) Diamond

Once you've located (DMD) Diamond, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price (DMD) Diamond was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of DMD you wish to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole volumen of DMD.

If you're satisfied, make a mouse click on “Buy DMD”. Your order will be filled as soon as a Vendor trades their DMD for the price you gave.

Step 5 – Withdraw Diamond (DMD)

Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extended time period. To withdraw your Diamond (DMD), hover over the tab called “Funds” and mouse click on “Withdraw”. Diamond (DMD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Diamond (DMD) by using the provided drop-down box. Enter the quantity of Diamond (DMD) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you are satisfied, click “Submit”. You may be requested for phone/email verification before a withdrawal.

Congratulations! You've successfully bought and stored Diamond (DMD).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Diamond (DMD) is stored in your wallet, you are finished.