How to Buy Digital Reserve Currency (DRC)

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – {Send} Your {Bitcoin or Ethereum} to an {Exchange}

Your {BTC (Bitcoin) or ETH (Ethereum)} {will need} to be sent over to an {Crypto Exchange} now. {All exchanges have} a deposit form that is {similar}. Digital Reserve Currency (DRC) is {accessible} on Binance, so {we will} use that as an {illustration}. {Not sure} on how to send {Coinbase funds} to an {Cryptocurrency Exchange}? ({Just 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, {Ethereum} to an {ETH} deposit address, {and so on}. {In the case} {you're} {using} a decentralized exchange, {such as} Airswap or DDEX could be {unlike} ({Just follow} {our manual}).

Step 3 – {Locate} Digital Reserve Currency (DRC)

{As soon as} your deposit has been {approved}, {you will} {directly} have access to your {assets} and you can {commence} {invest} and trading. To {buy} Digital Reserve Currency (DRC) on Binance, {you will} want to {go to} the {tab which is called “Exchange”} and{} {click} on “Basic”.

{In order to} {find} Digital Reserve Currency (DRC), {you'll} need to {put} the {cointype} (DRC) into the {search box}, which is {highlighted} in the {graphic}. {Be certain of having} {choosen} the {proper} {grouping}, {we've} {marked} 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 – {Purchasing} Digital Reserve Currency (DRC)

{Once} {you've} {located} Digital Reserve Currency (DRC), {you'll} be {presented with} a {Price Chart} (in the Center of the {image}) and {a few} Order Books ({Leftside} of the {picture}). {For now} {we are} {making} our{ own} Limit Order.

The {field with the “Price” tag} will be {automatically filled} with the{ most} {recent} {tariff} Digital Reserve Currency (DRC) was {sold} for. {You can change this} to your {favoured} {rate}. The {field with the “Amount” tag} is the {amount} of DRC you {wish} to {buy}. The {field with the “Total” tag} is the {aggregated} price in {Bitcoin} that {you'll} {pay} for the {whole} {volumen} of DRC.

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

Step 5 – Withdraw Digital Reserve Currency (DRC)

Unless {you're}{ regularly} trading, {best advise is not to keep} {crypto coins} on an {Exchange} for an {longer} {period of time}. {To} {withdraw} your Digital Reserve Currency (DRC), {go to} the {tab called “Funds”} and {mouse click} on “Withdraw”. Digital Reserve Currency (DRC) can be {stored securely} using a Wallet, {e.g.} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Digital Reserve Currency (DRC) by using the {given} drop-down box. {Drop in} the {quantity} of Digital Reserve Currency (DRC) {you'd} {wish} to {withdraw}. {Don't forget} the {demonstrated} {fees/minimums}. Also make sure you have {filled} your {precise} withdraw address.

{If} {you're} {glad}, {click} “Submit”. You {may} be {asked} for {verfication via phone/email} {ahead of} a {withdrawal}.

Binance Withdraw

{Congratulations}! {You've} successfully {bought} and {stored} Digital Reserve Currency (DRC).

That's it!

{Withdrawals} from {Exchange} can {durate} {between} 1 – 30 minutes ({depending} on {network usage}). {Once} {you have} {proved} your {withdrawal} {using} {Ethplorer.io or Etherscan.io} and the (DRC) Digital Reserve Currency is {stored} {in} your wallet, {you are} {finished}.

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