A Step-by-Step-Guide on how to buy Dreamcoin (DRM)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You'll first need to purchase units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Dreamcoin (DRM) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Dreamcoin (DRM) As soon as your deposit has been verified, you'll now have access to your funds and you can initiate buying and trading. To buy (DRM) Dreamcoin on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot (DRM) Dreamcoin, you will need to put the shortname of the coin (DRM) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've marked this also. Click on “DRM/BTC” to proceed.
Step 4 – Buying Dreamcoin (DRM) Once you've found (DRM) Dreamcoin, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our own Limit Order. The “Price” field will be filled with the most up-to-date valuation (DRM) Dreamcoin was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of DRM you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of DRM. If you are satisfied, make a mouse click on “Buy DRM”. Your plan will be filled when a Vender trades their DRM for the price you gave.
Step 5 – Withdraw Dreamcoin (DRM) Unless you are trading, never keep your crypto on an Exchange for an longer time frame. In order to take off your (DRM) Dreamcoin, go to the tab called “Funds” and mouse click on “Withdraw”. Dreamcoin (DRM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dreamcoin (DRM) by using the given drop-down box. Enter the amount of Dreamcoin (DRM) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You could be requested for email/phone verification before a take off.