A Step-by-Step-Guide on how to buy Dragonchain (DRGN)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Dragonchain (DRGN) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Dragonchain (DRGN) As soon as your deposit has been affirmed, you will now have access to your finances and you can begin invest and trading. To buy Dragonchain (DRGN) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. To spot Dragonchain (DRGN), you will need to insert the cointype (DRGN) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “DRGN/BTC” to continue.
Step 4 – Acquisition of (DRGN) Dragonchain Once you have spotted (DRGN) Dragonchain, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our own Limit Order. The ”Price” field will be filled automatically with the most recent tariff (DRGN) Dragonchain was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of DRGN you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the complete volumen of DRGN. If you are satisfied, make a mouse click on “Buy DRGN”. Your plan will be filled as soon as a Vender trades their DRGN for the price you gave.
Step 5 – Withdraw (DRGN) Dragonchain Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time frame. In order to take off your (DRGN) Dragonchain, go to the ”Funds” tab and click on “Withdraw”. (DRGN) Dragonchain can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (DRGN) Dragonchain by using the provided drop-down box. Enter the quantity of (DRGN) Dragonchain you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You could be asked for email/phone verification before a withdrawal.