How to Buy Digital Reserve Currency (DRC)

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

Step 1 – Join CEX.io

You will first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Digital Reserve Currency (DRC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Digital Reserve Currency (DRC)

Once your deposit has been affirmed, you'll instantly have access to your assets and you can launch purchasing and trading. To purchase Digital Reserve Currency (DRC) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

In order to spot Digital Reserve Currency (DRC), you'll need to insert the shortname of the coin (DRC) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “DRC/BTC” to progress.

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

Once you've found Digital Reserve Currency (DRC), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our Limit Order.

The ”Price” field will be filled with the most latest valuation Digital Reserve Currency (DRC) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of DRC you like to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole volumen of DRC.

If you're happy, make a mouse click on “Buy DRC”. Your order will be filled as soon as a Vender sells their DRC for the price you introduced.

Step 5 – Withdraw (DRC) Digital Reserve Currency

Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an longer period of time. To take off your (DRC) Digital Reserve Currency, go to the ”Funds” tab and click on “Withdraw”. (DRC) Digital Reserve Currency can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (DRC) Digital Reserve Currency by using the given drop-down box. Put into the amount of (DRC) Digital Reserve Currency you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, click on “Submit”. You may be requested for email/phone verification before a take off.

Binance Withdraw

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

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (DRC) Digital Reserve Currency is safe in your wallet, you're all done.