How to Buy Decentr (DEC)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting Bitcoin or Ethereum.

Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Decentr (DEC) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Decentr (DEC)

Once your deposit has been affirmed, you will directly have access to your funds and you can begin buying and trading. To buy Decentr (DEC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To find Decentr (DEC), you will need to insert the shortname of the coin (DEC) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “DEC/BTC” to advance.

Step 4 – Acquisition of Decentr (DEC)

As soon as you have located Decentr (DEC), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are making our own Limit Order.

The ”Price” field will be filled with the most latest valuation Decentr (DEC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of DEC you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of DEC.

When you are glad, make a mouse click on “Buy DEC”. Your plan will be filled as soon as a Seller sells their DEC for the price you offered.

Step 5 – Withdraw Decentr (DEC)

Unless you are frequently trading, never keep your crypto coins on an Exchange for an extensive time frame. In order to withdraw your Decentr (DEC), go to the ”Funds” tab and mouse click on “Withdraw”. Decentr (DEC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Decentr (DEC) by using the given drop-down box. Put into the quantity of Decentr (DEC) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, click “Submit”. You may be requested for email/phone verification before a take off.