How to Buy Dragonchain (DRGN)

A Step-by-Step-Guide on how to buy Dragonchain (DRGN)

Step 1 – Join Kraken

In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Dragonchain (DRGN) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate Dragonchain (DRGN)

Once your deposit has been affirmed, you will instantly have access to your assets and you can start buying and trading. To purchase Dragonchain (DRGN) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot Dragonchain (DRGN), you will need to insert the cointype (DRGN) into the search box, which is marked in the picture. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “DRGN/BTC” to proceed.

Binance Hot To Buy Dragonchain (DRGN)
Binance How to Buy (DRGN) Dragonchain
Step 4 – Acquisition of Dragonchain (DRGN)

After you've discovered Dragonchain (DRGN), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price Dragonchain (DRGN) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of DRGN you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of DRGN.

If you're satisfied, click on “Buy DRGN”. Your plan will be filled when a Vendor trades their DRGN for the price you gave.

Step 5 – Withdraw Dragonchain (DRGN)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an extensive time frame. In order to withdraw your Dragonchain (DRGN), hover over the ”Funds” tab and click on “Withdraw”. Dragonchain (DRGN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Dragonchain (DRGN) by using the provided drop-down box. Put into the volumen of Dragonchain (DRGN) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and safed Dragonchain (DRGN).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (DRGN) Dragonchain is stored in your wallet, you're done.

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