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.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Dero (DERO) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate Dero (DERO)

Once your deposit has been approved, you will directly have access to your finances and you can begin invest and trading. To buy Dero (DERO) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to spot Dero (DERO), you'll need to insert the shortname of the coin (DERO) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we have marked this too. Click on “DERO/BTC” to go ahead.

Step 4 – Buying Dero (DERO)

Once you've spotted Dero (DERO), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price Dero (DERO) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of DERO you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of DERO.

When you're happy, make a mouse click on “Buy DERO”. Your plan will be filled as soon as a Vender sells their DERO for the price you introduced.

Step 5 – Withdraw Dero (DERO)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time period. To take off your Dero (DERO), go to the tab called “Funds” and mouse click on “Withdraw”. Dero (DERO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Dero (DERO) by using the provided drop-down box. Drop in the amount of Dero (DERO) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.