A Step-by-Step-Guide on how to buy Dynamic (DYN)
Step 1 – Signup to CEX.io You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and to get your Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Dynamic (DYN) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Dynamic (DYN) Once your deposit has been verified, you'll directly have access to your assets and you can start purchasing and trading. To purchase Dynamic (DYN) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot Dynamic (DYN), you'll need to put the shortname of the coin (DYN) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've highlighted this also. Click on “DYN/BTC” to proceed.
Step 4 – Acquisition of Dynamic (DYN) After you have located Dynamic (DYN), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our Limit Order. The ”Price” field will be filled automatically with the most recent valuation Dynamic (DYN) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of DYN you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of DYN. If you're glad, click on “Buy DYN”. Your plan will be filled as soon as a Seller sells their DYN for the price you introduced.
Step 5 – Withdraw Dynamic (DYN) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time period. In order to take off your Dynamic (DYN), go to the ”Funds” tab and click on “Withdraw”. Dynamic (DYN) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Dynamic (DYN) by using the given drop-down box. Put into the amount of Dynamic (DYN) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.