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 Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Dero (DERO) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the correct coin you would like to deposit.

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

Step 3 – Locate Dero (DERO)

As soon as your deposit has been confirmed, you will immediately have access to your assets and you can initiate purchasing and trading. To invest in Dero (DERO) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate Dero (DERO), you'll need to insert the shortname of the coin (DERO) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've highlighted this too. Click on “DERO/BTC” to proceed.

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

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

The ”Price” field will be filled automatically with the most up-to-date rate Dero (DERO) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of DERO you like to buy. The ”Total” field is the total price in BTC that you will pay for the whole amount of DERO.

When you are happy, click on “Buy DERO”. Your plan will be filled when a Vender trades their DERO for the price you gave.

Step 5 – Withdraw Dero (DERO)

Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your Dero (DERO), go to the tab called “Funds” and click on “Withdraw”. Dero (DERO) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Dero (DERO) by using the provided drop-down box. Drop in the quantity of Dero (DERO) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.

Binance Withdraw

Congrats! You've successfully purchased and stored Dero (DERO).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (DERO) Dero is stored within your wallet, you are done.

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