A Step-by-Step-Guide on how to buy Decentralize Currency (DCA)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Decentralize Currency (DCA) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Decentralize Currency (DCA) Once your deposit has been confirmed, you'll now have access to your finances and you can initiate buying and trading. To buy Decentralize Currency (DCA) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot Decentralize Currency (DCA), you'll need to insert the shortname of the coin (DCA) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have highlighted this also. Click on “DCA/BTC” to continue.
Step 4 – Acquisition of (DCA) Decentralize Currency After you have found (DCA) Decentralize Currency, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most recent price (DCA) Decentralize Currency was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of DCA you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole amount of DCA. When you're happy, click on “Buy DCA”. Your order will be filled when a Vender sells their DCA for the price you introduced.
Step 5 – Withdraw Decentralize Currency (DCA) Unless you're frequently trading, never keep your crypto coins on an Exchange for an longer time period. In order to withdraw your Decentralize Currency (DCA), hover over the ”Funds” tab and click on “Withdraw”. Decentralize Currency (DCA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Decentralize Currency (DCA) by using the provided drop-down box. Enter the amount of Decentralize Currency (DCA) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.