How to Buy Dragonchain (DRGN) in Australia

A Step-by-Step-Guide on how to buy Dragonchain (DRGN) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and getting your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum or Bitcoin 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 how-to)

Make sure you have selected the exact coin you want 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, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {Dragonchain (DRGN)|(DRGN) Dragonchain}

Once your deposit has been affirmed, you will immediately have access to your funds and you can begin purchasing and trading. To purchase {Dragonchain (DRGN)|(DRGN) Dragonchain} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To spot {Dragonchain (DRGN)|(DRGN) Dragonchain}, you will need to put the short name of the asset (DRGN) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this also. Click on “DRGN/BTC” to progress.

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

Once you've located {Dragonchain (DRGN)|(DRGN) Dragonchain}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our Limit Order.

The ”Price” field will be automatically filled with the latest valuation {Dragonchain (DRGN)|(DRGN) Dragonchain} was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of DRGN you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of DRGN.

When you are glad, make a mouse click on “Buy DRGN”. Your plan will be filled when a Vender sells their DRGN for the price you introduced.

Step 5 – Withdraw {Dragonchain (DRGN)|(DRGN) Dragonchain}

Unless you're trading, best advise is not to keep coins on an Crypto Trader for an longer time frame. To withdraw your {Dragonchain (DRGN)|(DRGN) Dragonchain}, go to the tab called “Funds” and mouse click on “Withdraw”. {Dragonchain (DRGN)|(DRGN) Dragonchain} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Dragonchain (DRGN)|(DRGN) Dragonchain} by using the provided drop-down box. Enter the quantity of {Dragonchain (DRGN)|(DRGN) Dragonchain} you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Congratulations! You have successfully purchased and safed Dragonchain (DRGN) in Australia.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the {Dragonchain (DRGN)|(DRGN) Dragonchain} is stored within your wallet, you're done.

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