How to Buy Digital Reserve Currency (DRC)

A Step-by-Step-Guide on how to buy Digital Reserve Currency (DRC)

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome 10$.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Digital Reserve Currency (DRC) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate (DRC) Digital Reserve Currency

As soon as your deposit has been verified, you'll instantly have access to your funds and you can initiate invest and trading. To buy (DRC) Digital Reserve Currency on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to find (DRC) Digital Reserve Currency, you'll need to put the cointype (DRC) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we've highlighted this also. Click on “DRC/BTC” to go on.

Binance Hot To Buy Digital Reserve Currency (DRC)
Binance How to Buy (DRC) Digital Reserve Currency
Step 4 – Buying (DRC) Digital Reserve Currency

Once you have found (DRC) Digital Reserve Currency, 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). And now we are going to make our Limit Order.

The ”Price” field will be automatically filled with the recent valuation (DRC) Digital Reserve Currency was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of DRC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of DRC.

If you're happy, click on “Buy DRC”. Your order will be filled when a Vender trades their DRC for the price you submitted.

Step 5 – Withdraw Digital Reserve Currency (DRC)

Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extended period of time. In order to take off your Digital Reserve Currency (DRC), hover over the tab called “Funds” and click on “Withdraw”. Digital Reserve Currency (DRC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Digital Reserve Currency (DRC) by using the given drop-down box. Put into the quantity of Digital Reserve Currency (DRC) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

If you are glad, click on “Submit”. You could be requested for verfication via phone/email before a take off.

Binance Withdraw

Kudos! You've successfully bought and stored Digital Reserve Currency (DRC).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Digital Reserve Currency (DRC) is safe inside your wallet, you're finished.