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 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. 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 Crypto Exchange? (Follow these easy steps)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find Decentr (DEC)

Once your deposit has been affirmed, you'll instantly have access to your funds and you can commence buying and trading. To invest in Decentr (DEC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot Decentr (DEC), you will need to put the cointype (DEC) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “DEC/BTC” to go on.

Step 4 – Buying Decentr (DEC)

As soon as you've spotted Decentr (DEC), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff Decentr (DEC) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of DEC you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of DEC.

When you're satisfied, make a mouse click on “Buy DEC”. Your plan will be filled as soon as a Vendor sells their DEC for the price you submitted.

Step 5 – Withdraw Decentr (DEC)

Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Decentr (DEC), hover over the ”Funds” tab and mouse click on “Withdraw”. Decentr (DEC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Decentr (DEC) by using the provided drop-down box. Enter the volumen of Decentr (DEC) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

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