How to Buy Decentr (DEC) in Australia

A Step-by-Step-Guide on how to buy Decentr (DEC) in Australia

Step 1 – Join Coinmama

You will first need to buy one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Decentr (DEC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate {Decentr (DEC)|(DEC) Decentr}

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can begin purchasing and trading. To invest in {Decentr (DEC)|(DEC) Decentr} on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To spot {Decentr (DEC)|(DEC) Decentr}, you'll need to insert the cointype (DEC) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “DEC/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Decentr (DEC)
Step 4 – Acquisition of {Decentr (DEC)|(DEC) Decentr}

As soon as you have located {Decentr (DEC)|(DEC) Decentr}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date rate {Decentr (DEC)|(DEC) Decentr} was traded for. You can change this to your favoured price. The ”Amount” field is the amount of DEC you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of DEC.

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

Step 5 – Withdraw {Decentr (DEC)|(DEC) Decentr}

Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extensive time period. To take off your {Decentr (DEC)|(DEC) Decentr}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Decentr (DEC)|(DEC) Decentr} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Decentr (DEC)|(DEC) Decentr} by using the given drop-down box. Drop in the volumen of {Decentr (DEC)|(DEC) Decentr} you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You have successfully bought and stored Decentr (DEC) in Australia.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the {Decentr (DEC)|(DEC) Decentr} is stored in your wallet, you're finished.

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