A Step-by-Step-Guide on how to buy Dimecoin (DIME)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first 10$.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Dimecoin (DIME) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (DIME) Dimecoin As soon as your deposit has been confirmed, you will directly have access to your finances and you can start buying and trading. To purchase (DIME) Dimecoin on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to locate (DIME) Dimecoin, you will need to insert the short name of the asset (DIME) into the search box, which is marked in the picture. Be certain of having selected the right grouping, we've marked this also. Click on “DIME/BTC” to go ahead.
Step 4 – Purchasing Dimecoin (DIME) After you've spotted Dimecoin (DIME), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price Dimecoin (DIME) was traded for. You can change this to your favoured price. The ”Amount” field is the amount of DIME you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of DIME. When you are happy, make a mouse click on “Buy DIME”. Your plan will be filled when a Vendor trades their DIME for the price you submitted.
Step 5 – Withdraw (DIME) Dimecoin Unless you are trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. In order to take off your (DIME) Dimecoin, go to the ”Funds” tab and click on “Withdraw”. (DIME) Dimecoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (DIME) Dimecoin by using the provided drop-down box. Enter the volumen of (DIME) Dimecoin you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.