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How to Buy DIMCOIN (DIM)

A Step-by-Step-Guide on how to buy DIMCOIN (DIM)

Step 1 – Signup to CEX.io

You will first need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. DIMCOIN (DIM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate DIMCOIN (DIM)

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can commence buying and trading. To buy DIMCOIN (DIM) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate DIMCOIN (DIM), you'll need to insert the cointype (DIM) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “DIM/BTC” to continue.

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

As soon as you have found DIMCOIN (DIM), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate DIMCOIN (DIM) was sold for. You can change this to your desired rate. The ”Amount” field is the amount of DIM you wish to buy. The ”Total” field is the total price in BTC that you will pay for the whole amount of DIM.

When you are satisfied, make a mouse click on “Buy DIM”. Your order will be filled as soon as a Vendor sells their DIM for the price you gave.

Step 5 – Withdraw DIMCOIN (DIM)

Unless you're trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. In order to take off your DIMCOIN (DIM), go to the tab called “Funds” and mouse click on “Withdraw”. DIMCOIN (DIM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find DIMCOIN (DIM) by using the provided drop-down box. Drop in the amount of DIMCOIN (DIM) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

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

Kudos! You have successfully bought and stored DIMCOIN (DIM).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the DIMCOIN (DIM) is stored in your wallet, you are finished.

Some other Guides on How to buy different Altcoins

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