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How to buy DuckDaoDime (DDIM)

Learn how to buy DuckDaoDime (DDIM) in our step-by-step guide.

Where to buy DuckDaoDime

It looks like DDIM may not be available to purchase on an exchange in the US.

You can still purchase DDIM by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase DDIM using a decentralized exchange.
  1. Find DDIM on a decentralized exchange and make sure DuckDaoDime can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for DDIM using an exchange like Gemini. You will need to purchase enough ETH to swap for DDIM as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for DDIM on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the DDIM tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best DuckDaoDime wallets to store your DDIM

You can keep your DDIM on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is DuckDaoDime a good investment?

Incubation projects like DuckDAO have a high growth potential in this exponentially growing cryptocurrency market, though it’s important to remember that crypto tokens are volatile and risky assets. Here are a few things you should be aware of before you consider adding DDIM to your portfolio:
  • Membership groups. Members of the DuckDAO ecosystem are known as Ducks. There are various membership tiers that Ducks are classified into based on the number of DDIM holdings. Each tier includes an increasing number of benefits for the community. The Duck Fightclub requires a minimum of 10 tokens, Beach Club requires over 200, the Gentlemen’s Club (VIP) requires over 2,500 and Diamond Club (VVIP) requires 10,000. The top 10 token holders are called the Duck Allstars Club.
  • Involvement tiers. The involvement of the incubator within each project is classified into 3 tiers. Tier 1 is the incubation level where the platform works from the very beginning until the project is listed on an exchange. This includes services like marketing, advisory and listing that help projects to grow. Tier 2 is the strategic contribution level where the incubator assists projects with social media strategies including Facebook, Twitter and Telegram. Tier 3 is the general contribution level where OTC sales and community requests are managed by the incubator, with little to no direct involvement in the project.
  • Tokenomics. The token’s maximum supply is capped at 1.47 million coins. The circulating supply is 1.03 million. Out of these, 500,000 tokens are locked in reserves and can only be unlocked by votes collected by the Duck Allstars Club. 80,000 tokens are allocated to be used in the community incentive program for members. Another 40,000 tokens are reserved for team members of the Duck Dao protocol.
  • Cross-chain. The protocol’s cross-chain abilities have allowed it to run both on Ethereum and Binance Smart Chain (BSC), 2 of the most prominent blockchains for application development.

Additional information about DuckDaoDime can be found using our DDIM analysis tools.

Today's DuckDaoDime price versus ATH

Compare today's price of DuckDaoDime ($2.1 USD) against its all-time-high price of $103.26 USD on 18 February 2021. The closer the bar is to 100%, the closer DDIM is to reaching its ATH again.

DuckDaoDime's price: $2.1
ATH date: February 18, 2021
2.03%

DuckDaoDime ATH: $103.26


How to trade, convert or sell DuckDaoDime

You can convert or sell your DDIM with the same exchange you bought it through:
  1. Sign in to the exchange you have DDIM on.
  2. If you store your DuckDaoDime in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of DDIM you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of DuckDaoDime.
  6. Complete your transaction and move your DDIM to a wallet for storage.

Disclaimer: Cryptocurrencies, including DuckDaoDime, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DDIM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the DuckDaoDime or any other cryptocurrency discussed.

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