A Step-by-Step-Guide on how to buy Dreamcoin (DRM)
Step 1 – Signup to CEX.io You'll first need to purchase units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Dreamcoin (DRM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Dreamcoin (DRM) As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can launch buying and trading. To invest in Dreamcoin (DRM) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To discover Dreamcoin (DRM), you'll need to insert the cointype (DRM) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “DRM/BTC” to advance.
Step 4 – Buying Dreamcoin (DRM) After you've spotted Dreamcoin (DRM), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The ”Price” field will be filled with the latest price Dreamcoin (DRM) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of DRM you wish to buy. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of DRM. When you are satisfied, make a mouse click on “Buy DRM”. Your order will be filled as soon as a Seller sells their DRM for the price you offered.
Step 5 – Withdraw Dreamcoin (DRM) Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Dreamcoin (DRM), hover over the ”Funds” tab and click on “Withdraw”. Dreamcoin (DRM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Dreamcoin (DRM) by using the provided drop-down box. Put into the amount of Dreamcoin (DRM) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.