A Step-by-Step-Guide on how to buy Digital Reserve Currency (DRC)
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Digital Reserve Currency (DRC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Digital Reserve Currency (DRC) Once your deposit has been approved, you'll instantly have access to your funds and you can begin purchasing and trading. To buy Digital Reserve Currency (DRC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Digital Reserve Currency (DRC), you'll need to put the short name of the asset (DRC) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've highlighted this also. Click on “DRC/BTC” to go ahead.
Step 4 – Purchasing Digital Reserve Currency (DRC) After you have found Digital Reserve Currency (DRC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The ”Price” field will be filled with the most up-to-date price Digital Reserve Currency (DRC) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of DRC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole amount of DRC. When you're satisfied, click on “Buy DRC”. Your plan will be filled as soon as a Vendor trades their DRC for the price you gave.
Step 5 – Withdraw Digital Reserve Currency (DRC) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. In order to withdraw your Digital Reserve Currency (DRC), go to the ”Funds” tab and click on “Withdraw”. Digital Reserve Currency (DRC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Digital Reserve Currency (DRC) by using the given drop-down box. Enter the quantity of Digital Reserve Currency (DRC) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.