How to Buy Decred (DCR) in Anguilla

A Step-by-Step-Guide on how to buy Decred (DCR) in Anguilla

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Decred (DCR) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate {Decred (DCR)|(DCR) Decred}

Once your deposit has been approved, you will now have access to your finances and you can commence purchasing and trading. To purchase {Decred (DCR)|(DCR) Decred} on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To discover {Decred (DCR)|(DCR) Decred}, you will need to put the cointype (DCR) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “DCR/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Decred (DCR)
Step 4 – Purchase {Decred (DCR)|(DCR) Decred}

As soon as you've found {Decred (DCR)|(DCR) Decred}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our Limit Order.

The ”Price” field will be filled automatically with the recent price {Decred (DCR)|(DCR) Decred} was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of DCR you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the complete volumen of DCR.

If you're glad, make a mouse click on “Buy DCR”. Your plan will be filled when a Seller sells their DCR for the price you gave.

Step 5 – Withdraw {Decred (DCR)|(DCR) Decred}

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extended period of time. To withdraw your {Decred (DCR)|(DCR) Decred}, go to the tab called “Funds” and click on “Withdraw”. {Decred (DCR)|(DCR) Decred} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Decred (DCR)|(DCR) Decred} by using the given drop-down box. Drop in the volumen of {Decred (DCR)|(DCR) Decred} you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click on “Submit”. You could be asked for verfication via email/phone before a take off.

Kudos! You've successfully purchased and stored Decred (DCR) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Decred (DCR)|(DCR) Decred} is safe inside your wallet, you are all done.

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