How to Buy Drakoin (DRK)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Drakoin (DRK) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find Drakoin (DRK)

Once your deposit has been confirmed, you'll instantly have access to your finances and you can commence invest and trading. To invest in Drakoin (DRK) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Drakoin (DRK), you'll need to insert the short name of the asset (DRK) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've marked this also. Click on “DRK/BTC” to advance.

Step 4 – Acquisition of Drakoin (DRK)

After you've located Drakoin (DRK), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the most recent valuation Drakoin (DRK) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of DRK you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of DRK.

If you're happy, click on “Buy DRK”. Your plan will be filled when a Seller trades their DRK for the price you submitted.

Step 5 – Withdraw Drakoin (DRK)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer period of time. To withdraw your Drakoin (DRK), go to the tab called “Funds” and mouse click on “Withdraw”. Drakoin (DRK) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Drakoin (DRK) by using the given drop-down box. Drop in the quantity of Drakoin (DRK) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.