How to Buy Dimecoin (DIME)

A Step-by-Step-Guide on how to buy Dimecoin (DIME)

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and receive your welcome 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Dimecoin (DIME) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

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

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find Dimecoin (DIME)

As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can begin purchasing and trading. To invest in (DIME) Dimecoin on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to spot (DIME) Dimecoin, you'll need to insert the cointype (DIME) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have marked this too. Click on “DIME/BTC” to proceed.

How to buy Coin on Binance 1 Dimecoin (DIME)
Step 4 – Buying (DIME) Dimecoin

Once you have found (DIME) Dimecoin, you will 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're going to create our own Limit Order.

The “Price” field will be filled with the most recent price (DIME) Dimecoin was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of DIME you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of DIME.

If you are satisfied, click on “Buy DIME”. Your plan will be filled as soon as a Seller trades their DIME for the price you introduced.

Step 5 – Withdraw Dimecoin (DIME)

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time frame. To take off your Dimecoin (DIME), go to the tab called “Funds” and click on “Withdraw”. (DIME) Dimecoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DIME) Dimecoin by using the provided drop-down box. Put into the quantity of Dimecoin (DIME) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

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

Congrats! You have successfully purchased and stored (DIME) Dimecoin.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the (DIME) Dimecoin is stored in your wallet, you're all done.