How to Buy Digital Reserve Currency (DRC) in Anguilla

A Step-by-Step-Guide on how to buy Digital Reserve Currency (DRC) in Anguilla

Step 1 – Signup to Coinmama

You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting your Bitcoin or Ethereum.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Digital Reserve Currency (DRC) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

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

Step 3 – Locate {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}

Once your deposit has been confirmed, you'll immediately have access to your finances and you can initiate buying and trading. To invest in {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

In order to find {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}, you'll need to insert the short name of the asset (DRC) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have highlighted this too. Click on “DRC/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Digital Reserve Currency (DRC)
Step 4 – Buying {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}

Once you've located {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to make our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} was sold for. You can change this to your desired price. The ”Amount” field is the quantity of DRC you like to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole quantity of DRC.

When you are happy, click on “Buy DRC”. Your plan will be filled when a Vender sells their DRC for the price you offered.

Step 5 – Withdraw {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer time frame. In order to withdraw your {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}, go to the tab called “Funds” and mouse click on “Withdraw”. {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} by using the given drop-down box. Put into the amount of {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

When you are satisfied, click on “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You've successfully bought and stored Digital Reserve Currency (DRC) in Anguilla.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} is stored inside your wallet, you are all done.

And some more interesting Altcoins: