A Step-by-Step-Guide on how to buy Digital Reserve Currency (DRC)
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting your Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Digital Reserve Currency (DRC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Digital Reserve Currency (DRC) Once your deposit has been approved, you'll now have access to your assets and you can initiate buying and trading. To buy Digital Reserve Currency (DRC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To spot Digital Reserve Currency (DRC), you'll need to insert the short name of the asset (DRC) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this also. Click on “DRC/BTC” to advance.
Step 4 – Purchasing (DRC) Digital Reserve Currency Once you've discovered (DRC) Digital Reserve Currency, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate (DRC) Digital Reserve Currency was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of DRC you want to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of DRC. When you are satisfied, make a mouse click on “Buy DRC”. Your order will be filled as soon as a Vendor sells their DRC for the price you introduced.
Step 5 – Withdraw Digital Reserve Currency (DRC) Unless you are trading, best advise is not to keep crypto coins on an Exchange for an longer time period. To take off your Digital Reserve Currency (DRC), hover over the tab called “Funds” and click on “Withdraw”. Digital Reserve Currency (DRC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Digital Reserve Currency (DRC) by using the provided drop-down box. Drop in the quantity of Digital Reserve Currency (DRC) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You may be requested for email/phone verification ahead of a take off.