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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Dero (DERO) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find Dero (DERO)

As soon as your deposit has been verified, you will immediately have access to your funds and you can initiate purchasing and trading. To buy Dero (DERO) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to discover Dero (DERO), you will need to put the cointype (DERO) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've marked this too. Click on “DERO/BTC” to progress.

Step 4 – Purchasing Dero (DERO)

As soon as you have discovered Dero (DERO), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're going to make our own Limit Order.

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

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

Step 5 – Withdraw Dero (DERO)

Unless you are regularly trading, you should never keepyour coins on an Crypto Trader for an extensive time period. In order to withdraw your Dero (DERO), go to the ”Funds” tab and click on “Withdraw”. Dero (DERO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Dero (DERO) by using the given drop-down box. Put into the volumen of Dero (DERO) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address.

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