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 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Dragonchain (DRGN) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate Dragonchain (DRGN)

As soon as your deposit has been confirmed, you'll directly have access to your finances and you can launch purchasing and trading. To invest in Dragonchain (DRGN) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find Dragonchain (DRGN), you'll need to put the shortname of the coin (DRGN) into the search box, which is marked in the image. Be certain of having choosen the right grouping, we've marked this too. Click on “DRGN/BTC” to progress.

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

As soon as you have found Dragonchain (DRGN), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most latest valuation Dragonchain (DRGN) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of DRGN you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of DRGN.

When you're happy, make a mouse click on “Buy DRGN”. Your plan will be filled when a Vender trades their DRGN for the price you introduced.

Step 5 – Withdraw Dragonchain (DRGN)

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your Dragonchain (DRGN), go to the tab called “Funds” and mouse click on “Withdraw”. Dragonchain (DRGN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Dragonchain (DRGN) by using the given drop-down box. Drop in the quantity of Dragonchain (DRGN) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

If you're happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

Congratulations! You have successfully bought and safed Dragonchain (DRGN).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (DRGN) Dragonchain is safe in your wallet, you are finished.

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