A Step-by-Step-Guide on how to buy Datamine (DAM) in Anguilla
Step 1 – Join Coinmama You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Datamine (DAM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Datamine (DAM) Once your deposit has been affirmed, you will instantly have access to your funds and you can begin buying and trading. To purchase Datamine (DAM) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover Datamine (DAM), you will need to insert the shortname of the coin (DAM) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we've marked this too. Click on “DAM/BTC” to progress.
Step 4 – Purchase Datamine (DAM) Once you have found Datamine (DAM), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order. The ”Price” field will be filled automatically with the most recent price Datamine (DAM) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of DAM you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of DAM. When you're glad, click on “Buy DAM”. Your plan will be filled when a Vendor trades their DAM for the price you introduced.
Step 5 – Withdraw Datamine (DAM) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Datamine (DAM), hover over the ”Funds” tab and click on “Withdraw”. Datamine (DAM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Datamine (DAM) by using the provided drop-down box. Enter the volumen of Datamine (DAM) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You could be asked for email/phone verification before a withdrawal.
Congratulations! You have successfully bought and stored Datamine (DAM) in Anguilla.That's it! Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Datamine (DAM) is safe inside your wallet, you're all done.
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