A Step-by-Step-Guide on how to buy Dentacoin (DCN)
Step 1 – Join Kraken You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Dentacoin (DCN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find Dentacoin (DCN) As soon as your deposit has been approved, you will now have access to your assets and you can begin buying and trading. To invest in Dentacoin (DCN) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover Dentacoin (DCN), you will need to put the short name of the asset (DCN) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “DCN/BTC” to proceed.
Step 4 – Purchasing Dentacoin (DCN) After you've discovered Dentacoin (DCN), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate Dentacoin (DCN) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of DCN you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of DCN. If you're glad, make a mouse click on “Buy DCN”. Your order will be filled as soon as a Vendor sells their DCN for the price you gave.
Step 5 – Withdraw Dentacoin (DCN) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Dentacoin (DCN), hover over the tab called “Funds” and mouse click on “Withdraw”. Dentacoin (DCN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Dentacoin (DCN) by using the provided drop-down box. Put into the amount of Dentacoin (DCN) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.