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 Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Decentr (DEC) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find Decentr (DEC)

Once your deposit has been verified, you will immediately have access to your funds and you can begin buying and trading. To buy Decentr (DEC) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover Decentr (DEC), you will need to insert the shortname of the coin (DEC) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have highlighted this also. Click on “DEC/BTC” to proceed.

Step 4 – Purchasing Decentr (DEC)

After you have discovered Decentr (DEC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're making our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation Decentr (DEC) was sold for. This can be changed to your preferred rate. The ”Amount” field is the quantity of DEC you want to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete volumen of DEC.

When you are satisfied, click on “Buy DEC”. Your plan will be filled when a Seller sells their DEC for the price you gave.

Step 5 – Withdraw Decentr (DEC)

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. In order to withdraw your Decentr (DEC), hover over the tab called “Funds” and mouse click on “Withdraw”. Decentr (DEC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.