How to Buy Diamond (DMD)

A Step-by-Step-Guide on how to buy Diamond (DMD)

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and receive your first 10$.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Diamond (DMD) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find (DMD) Diamond

As soon as your deposit has been affirmed, you'll directly have access to your assets and you can initiate invest and trading. To buy Diamond (DMD) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover Diamond (DMD), you will need to insert the shortname of the coin (DMD) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've highlighted this also. Click on “DMD/BTC” to progress.

How to buy Coin on Binance 1 Diamond (DMD)
Step 4 – Acquisition of Diamond (DMD)

Once you have discovered (DMD) Diamond, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order.

The “Price” field will be automatically filled with the recent price Diamond (DMD) was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of DMD you wish to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of DMD.

If you are glad, make a mouse click on “Buy DMD”. Your plan will be filled when a Seller sells their DMD for the price you offered.

Step 5 – Withdraw (DMD) Diamond

Unless you are frequently trading, never keep your coins on an Crypto Trader for an longer time period. In order to take off your (DMD) Diamond, hover over the “Funds” tab and mouse click on “Withdraw”. (DMD) Diamond can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Diamond (DMD) by using the given drop-down box. Enter the quantity of Diamond (DMD) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you are happy, click on “Submit”. You could be requested for email/phone verification ahead of a take off.

Congratulations! You've successfully purchased and stored Diamond (DMD).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Diamond (DMD) is safe inside your wallet, you are all done.