A Step-by-Step-Guide on how to buy Dentacoin (DCN) in Anguilla
Step 1 – Join Coinmama You'll first need to purchase units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Dentacoin (DCN) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Dentacoin (DCN) As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can initiate buying and trading. To invest in Dentacoin (DCN) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To locate Dentacoin (DCN), you'll need to insert the short name of the asset (DCN) into the search box, which is marked in the image. Be certain of having selected the right grouping, we have marked this too. Click on “DCN/BTC” to go on.
Step 4 – Buying Dentacoin (DCN) Once you have discovered Dentacoin (DCN), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent price Dentacoin (DCN) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of DCN you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of DCN. When you're happy, make a mouse click on “Buy DCN”. Your plan will be filled as soon as a Seller trades their DCN for the price you submitted.
Step 5 – Withdraw Dentacoin (DCN) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Dentacoin (DCN), go to the tab called “Funds” and click on “Withdraw”. Dentacoin (DCN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dentacoin (DCN) by using the provided drop-down box. Drop in the quantity of Dentacoin (DCN) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.
Kudos! You have successfully purchased and stored Dentacoin (DCN) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the Dentacoin (DCN) is safe within your wallet, you are finished.
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