A Step-by-Step-Guide on how to buy Dynamic (DYN)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Dynamic (DYN) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (DYN) Dynamic As soon as your deposit has been confirmed, you'll now have access to your funds and you can launch buying and trading. To invest in (DYN) Dynamic on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To locate (DYN) Dynamic, you will need to insert the cointype (DYN) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we have marked this also. Click on “DYN/BTC” to advance.
Step 4 – Buying (DYN) Dynamic As soon as you've found (DYN) Dynamic, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our Limit Order. The “Price” field will be filled with the most recent price Dynamic (DYN) was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of DYN you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of DYN. If you're happy, click on “Buy DYN”. Your order will be filled when a Vender trades their DYN for the price you gave.
Step 5 – Withdraw Dynamic (DYN) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time frame. In order to withdraw your Dynamic (DYN), hover over the “Funds” tab and click on “Withdraw”. (DYN) Dynamic can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Dynamic (DYN) by using the provided drop-down box. Enter the amount of (DYN) Dynamic you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.