How to Buy Decentr (DEC)

Step 1 – Signup to CEX.io

You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Decentr (DEC) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find (DEC) Decentr

Once your deposit has been approved, you'll immediately have access to your assets and you can start buying and trading. To buy (DEC) Decentr on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover (DEC) Decentr, you'll need to put the cointype (DEC) into the search box, which is marked in the image. Be certain of having selected the right pairing, we have marked this too. Click on “DEC/BTC” to go ahead.

Step 4 – Buying Decentr (DEC)

Once you've found Decentr (DEC), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled with the latest tariff Decentr (DEC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of DEC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of DEC.

If you're happy, make a mouse click on “Buy DEC”. Your order will be filled when a Vendor sells their DEC for the price you submitted.

Step 5 – Withdraw Decentr (DEC)

Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Decentr (DEC), hover over the tab called “Funds” and mouse click on “Withdraw”. Decentr (DEC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Decentr (DEC) by using the given drop-down box. Put into the amount of Decentr (DEC) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you are glad, click “Submit”. You could be requested for email/phone verification before a take off.