A Step-by-Step-Guide on how to buy Dragonchain (DRGN) in Anguilla
Step 1 – Join Coinmama You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Dragonchain (DRGN) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Dragonchain (DRGN) As soon as your deposit has been approved, you will immediately have access to your finances and you can launch buying and trading. To buy Dragonchain (DRGN) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to find Dragonchain (DRGN), you'll need to insert the short name of the asset (DRGN) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we've marked this also. Click on “DRGN/BTC” to advance.
Step 4 – Purchase Dragonchain (DRGN) Once you've found Dragonchain (DRGN), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff Dragonchain (DRGN) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of DRGN you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of DRGN. When you're happy, make a mouse click on “Buy DRGN”. Your order will be filled when a Vendor trades their DRGN for the price you offered.
Step 5 – Withdraw Dragonchain (DRGN) Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Dragonchain (DRGN), go to the ”Funds” tab and mouse click on “Withdraw”. Dragonchain (DRGN) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dragonchain (DRGN) by using the given drop-down box. Enter the volumen of Dragonchain (DRGN) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.
Congrats! You've successfully purchased and stored Dragonchain (DRGN) in Anguilla.That's it! Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the Dragonchain (DRGN) is stored within your wallet, you are all done.
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