A Step-by-Step-Guide on how to buy DynamicCoin (DMC)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your welcome 10 Dollar.
Step 2 – Transmit Your Funds to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. DynamicCoin (DMC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate DynamicCoin (DMC) Once your deposit has been confirmed, you'll now have access to your funds and you can begin buying and trading. To purchase DynamicCoin (DMC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To find DynamicCoin (DMC), you'll need to insert the shortname of the coin (DMC) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we've marked this also. Click on “DMC/BTC” to continue.
Step 4 – Acquisition of DynamicCoin (DMC) As soon as you've spotted DynamicCoin (DMC), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff DynamicCoin (DMC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of DMC you like to buy. The ”Total” field is the whole price in BTC that you will settle for the complete amount of DMC. When you are glad, click on “Buy DMC”. Your plan will be filled as soon as a Seller trades their DMC for the price you gave.
Step 5 – Withdraw DynamicCoin (DMC) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your DynamicCoin (DMC), go to the ”Funds” tab and mouse click on “Withdraw”. DynamicCoin (DMC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate DynamicCoin (DMC) by using the provided drop-down box. Enter the amount of DynamicCoin (DMC) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.