How to Buy Datamine (DAM)

A Step-by-Step-Guide on how to buy Datamine (DAM)

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10$.

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Datamine (DAM) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Find Datamine (DAM)

Once your deposit has been confirmed, you will directly have access to your assets and you can initiate invest and trading. To purchase Datamine (DAM) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To spot (DAM) Datamine, you'll need to put the shortname of the coin (DAM) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we've highlighted this too. Click on “DAM/BTC” to continue.

Binance How To Buy 1 Datamine (DAM)
Step 4 – Buy (DAM) Datamine

As soon as you have found (DAM) Datamine, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest rate Datamine (DAM) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of DAM you like to buy. The “Total” field is the whole price in Bitcoin that you will settle for the complete amount of DAM.

When you're happy, make a mouse click on “Buy DAM”. Your plan will be filled as soon as a Seller sells their DAM for the price you gave.

Step 5 – Withdraw (DAM) Datamine

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer period of time. To withdraw your Datamine (DAM), hover over the tab called “Funds” and click on “Withdraw”. (DAM) Datamine can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DAM) Datamine by using the given drop-down box. Enter the volumen of (DAM) Datamine you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Congrats! You've successfully bought and safed (DAM) Datamine.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Datamine (DAM) is safe within your wallet, you're all done.