How to Buy Dero (DERO)

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

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and to get Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Dero (DERO) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (DERO) Dero

Once your deposit has been affirmed, you will immediately have access to your finances and you can commence invest and trading. To purchase (DERO) Dero on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to spot (DERO) Dero, you will need to insert the shortname of the coin (DERO) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “DERO/BTC” to go on.

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

After you have found Dero (DERO), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff Dero (DERO) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of DERO you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of DERO.

When you are happy, make a mouse click on “Buy DERO”. Your order will be filled as soon as a Seller sells their DERO for the price you gave.

Step 5 – Withdraw Dero (DERO)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an longer time frame. To withdraw your Dero (DERO), hover over the tab called “Funds” and mouse click on “Withdraw”. Dero (DERO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Dero (DERO) by using the provided drop-down box. Put into the quantity of Dero (DERO) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and safed (DERO) Dero.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (DERO) Dero is safe inside your wallet, you are done.