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).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Dragonchain (DRGN) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Dragonchain (DRGN) As soon as your deposit has been approved, you'll directly have access to your finances and you can launch invest and trading. To purchase Dragonchain (DRGN) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To discover Dragonchain (DRGN), you'll need to put the short name of the asset (DRGN) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have highlighted this also. Click on “DRGN/BTC” to go ahead.
Step 4 – Purchase Dragonchain (DRGN) As soon as you have located Dragonchain (DRGN), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Dragonchain (DRGN) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of DRGN you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of DRGN. When you are satisfied, make a mouse click on “Buy DRGN”. Your order will be filled when a Vender trades their DRGN for the price you submitted.
Step 5 – Withdraw Dragonchain (DRGN) Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an longer period of time. In order to take off your Dragonchain (DRGN), go to the tab called “Funds” and click on “Withdraw”. Dragonchain (DRGN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Dragonchain (DRGN) by using the given drop-down box. Put into the amount of Dragonchain (DRGN) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.