How to Buy Digital Reserve Currency (DRC)

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

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10 Dollar.

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Digital Reserve Currency (DRC) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've selected the precise coin you want to deposit.

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

Step 3 – Find (DRC) Digital Reserve Currency

As soon as your deposit has been approved, you will directly have access to your funds and you can commence buying and trading. To invest in (DRC) Digital Reserve Currency on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to spot Digital Reserve Currency (DRC), you'll need to insert the cointype (DRC) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've marked this too. Click on “DRC/BTC” to proceed.

Binance How To Buy 1 Digital Reserve Currency (DRC)
Step 4 – Purchase Digital Reserve Currency (DRC)

As soon as you've discovered Digital Reserve Currency (DRC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our own Limit Order.

The “Price” field will be automatically filled with the recent valuation (DRC) Digital Reserve Currency was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of DRC you wish to purchase. The “Total” field is the whole price in BTC that you'll pay for the complete amount of DRC.

If you're satisfied, click on “Buy DRC”. Your plan will be filled when a Vendor trades their DRC for the price you offered.

Step 5 – Withdraw Digital Reserve Currency (DRC)

Unless you are trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your Digital Reserve Currency (DRC), hover over the tab called “Funds” and click on “Withdraw”. (DRC) Digital Reserve Currency can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Digital Reserve Currency (DRC) by using the given drop-down box. Enter the quantity of Digital Reserve Currency (DRC) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congratulations! You have successfully bought and safed Digital Reserve Currency (DRC).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the (DRC) Digital Reserve Currency is stored within your wallet, you're done.