How to Buy Decentr (DEC)

A Step-by-Step-Guide on 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.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Decentr (DEC) is accessible 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've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Decentr (DEC)

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

To spot Decentr (DEC), you'll need to insert the shortname of the coin (DEC) into the search-box, which is marked in the image. Be certain of having selected the proper grouping, we have marked this also. Click on “DEC/BTC” to progress.

Binance Hot To Buy Decentr (DEC)
Binance How to Buy (DEC) Decentr
Step 4 – Buying Decentr (DEC)

After you've found Decentr (DEC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order.

The ”Price” field will be filled with the most up-to-date price Decentr (DEC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of DEC you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of DEC.

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

Step 5 – Withdraw Decentr (DEC)

Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time period. To take off 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)

Find Decentr (DEC) by using the given drop-down box. Drop in the quantity of Decentr (DEC) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congrats! You've successfully purchased and stored Decentr (DEC).

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (DEC) Decentr is safe inside your wallet, you are finished.
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