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How to Buy Decred (DCR)

A Step-by-Step-Guide on how to buy Decred (DCR)

Step 1 – Join CEX.io

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and receive your Ethereum or Bitcoin.

Binance Signup
Step 2 – {Transmit} Your {ETH (Ethereum) or BTC (Bitcoin)} to an {Crypto Trader}

Your {Ethereum (ETH) or Bitcoin (BTC)} {will need} to be sent over to an {Crypto Exchange} now. {All exchanges have} a deposit form that is {similar}. Decred (DCR) is {accessible} on Binance, so {we're going to} use that as an {sample}. {Not sure} on how to send {Coinbase funds} to an {Exchange}? ({Just follow} {this guide})

Make sure {you've} {chosen} the {precise} coin you {wish} to deposit.

{BTC} must be sent to a {BTC} deposit address, {Ethereum} to an {ETH} deposit address, {and so forth}. {If} {you're} {using} a decentralized exchange, {such as} Airswap or DDEX could be {unlike} ({Just follow} {our manual}).

Step 3 – {Find} Decred (DCR)

{Once} your deposit has been {approved}, {you will} {instantly} have access to your {funds} and you can {start} {purchasing} and trading. To {buy} Decred (DCR) on Binance, {you'll} want to {hover over} the {”Exchange” tab} and{ then} {mouse click} on “Basic”.

{In order to} {find} Decred (DCR), {you will} need to {insert} the {shortname of the coin} (DCR) into the {search-box}, which is {highlighted} in the {image}. {Make sure you have} {selected} the {right} {pairing}, {we've} {highlighted} this {too}. Click on “DCR/BTC” to {go on}.

{How to buy Coin on Binance 1|Binance How To Buy 1} Decred (DCR)
Step 4 – {Buy} Decred (DCR)

{After} {you've} {located} Decred (DCR), {you will} be {given} a {Price Chart} (in the Center of the {picture}) and {a few} Order Books ({on the Left} of the {image}). {For now} {we are} {making} our{} Limit Order.

The {”Price” field} will be {automatically filled} with the{} {up-to-date} {rate} Decred (DCR) was {traded} for. {This can be changed} to your {desired} {price}. The {”Amount” field} is the {amount} of DCR you {wish} to {buy}. The {field with the “Total” tag} is the {total} price in {Bitcoin} that {you'll} {settle} for the {complete} {amount} of DCR.

{If} {you are} {glad}, {click} on “Buy DCR”. Your {plan} will be filled {when} a {Vendor} {trades} their DCR for the price you {gave}.

Step 5 – Withdraw Decred (DCR)

Unless {you're}{} trading, {best advise is not to keep} {crypto coins} on an {Exchange} for an {extensive} {period of time}. {To} {withdraw} your Decred (DCR), {go to} the {tab called “Funds”} and {mouse click} on “Withdraw”. Decred (DCR) can be {securely stored} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Decred (DCR) by using the {given} drop-down box. {Put into} the {quantity} of Decred (DCR) {you would} {wish} to {withdraw}. {Don't forget} the {displayed} {fees/minimums}. Also make sure you have {entered} your {precise} withdraw address.

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

{Congratulations}! {You have} successfully {bought} and {stored} Decred (DCR).

That's it!

{Withdrawals} from {Crypto Trader} can {take} {anywhere from} 1 – 30 minutes ({depending} on {usage of the network}). {As soon as} {you've} {confirmed} your {take off} {using} {Etherscan.io or Ethplorer.io} and the Decred (DCR) is {stored} {within} your wallet, {you are} {done}.

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