Skip to content Skip to footer

How to Buy Digital Reserve Currency (DRC)

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).

Binance Signup
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. Every exchange has a deposit form that is identical. Digital Reserve Currency (DRC) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Digital Reserve Currency (DRC)

As soon as your deposit has been approved, you will immediately have access to your assets and you can start invest and trading. To invest in Digital Reserve Currency (DRC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover Digital Reserve Currency (DRC), you will need to put the shortname of the coin (DRC) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've highlighted this also. Click on “DRC/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Digital Reserve Currency (DRC)
Step 4 – Purchasing Digital Reserve Currency (DRC)

Once you have discovered Digital Reserve Currency (DRC), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest valuation Digital Reserve Currency (DRC) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of DRC you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of DRC.

If you are glad, make a mouse click on “Buy DRC”. Your order will be filled as soon as a Vender trades their DRC for the price you gave.

Step 5 – Withdraw Digital Reserve Currency (DRC)

Unless you're trading, never keep your crypto on an Exchange for an extensive time period. To take off your Digital Reserve Currency (DRC), hover over the tab called “Funds” and mouse click on “Withdraw”. Digital Reserve Currency (DRC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Digital Reserve Currency (DRC) by using the given drop-down box. Put into the volumen 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 correct withdraw address.

If you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Congratulations! You have successfully bought and safed Digital Reserve Currency (DRC).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the Digital Reserve Currency (DRC) is safe in your wallet, you are all done.

Some other Guides on How to buy different Altcoins

How to Buy BidiPass
How to Buy Firmachain
How to Buy Altcoins