How to Buy Dero (DERO)

A Step-by-Step-Guide on how to buy Dero (DERO)

Step 1 – Join Kraken

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Dero (DERO) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Dero (DERO)

As soon as your deposit has been approved, you will directly have access to your funds and you can initiate purchasing and trading. To buy Dero (DERO) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot Dero (DERO), you'll need to put the shortname of the coin (DERO) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have marked this also. Click on “DERO/BTC” to proceed.

Binance Hot To Buy Dero (DERO)
Binance How to Buy (DERO) Dero
Step 4 – Acquisition of Dero (DERO)

As soon as you have spotted Dero (DERO), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff Dero (DERO) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of DERO you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of DERO.

When you are happy, click on “Buy DERO”. Your order will be filled when a Seller trades their DERO for the price you offered.

Step 5 – Withdraw Dero (DERO)

Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extended time period. To take off your Dero (DERO), hover over the ”Funds” tab and click on “Withdraw”. Dero (DERO) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Dero (DERO) by using the given drop-down box. Enter the volumen of Dero (DERO) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you're happy, click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored Dero (DERO).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the (DERO) Dero is safe within your wallet, you are done.

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