Alternatively, you can trade on an exchange such as Binance or Kucoin which offer trading pairs with other cryptocurrencies such as Ethereum or Bitcoin. Since I’m not a licensed professional and the cryptocurrency market is so volatile, deciding between which one to invest in based upon https://www.tokenexus.com/ value will be up to you. What I can tell you is that the majority of exchanges that offer investing in Dragonchain (DRGN) will allow you to purchase using Bitcoin (BTC). To purchase Dragonchain (DRGN) on most cryptocurrency exchanges, you’ll need Bitcoin (BTC) or Ethereum (ETH).
You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound. If you know how to buy Dragonchain, selling Dragonchain how to buy drgn will not be a big deal for you. You can use the same crypto exchange platform to sell your DRGN for cash or other crypto assets such as Bitcoin, Ethereum, Stellar, etc.
Create an Account on Kucoin
That’s how you can buy Dragonchain online by using USD or cash. Yes, it is pretty simple to buy Dragonchain with Ethereum (ETH). Create an account on Binance and use this crypto exchange to convert your ETH into DRGN. That’s how you can get DRGN by selling Ethereum at a good exchange rate.
Use this Coinbase Signup Page link or click the image below to get $10 in Bitcoin when you deposit your first $100 to the crypto wallet. Once you have your account ready to use, you will have to deposit the Ethereum bought before in Coinbase or another exchange. Go to your Kucoin account, search Ethereum, and press ‘Deposit,’ copy the address shown and send the ETH from your other exchange. In this screen you will see your personal wallet address, this is where you will be able to send the Dragonchain coins that you will purchase.
of Buying Dragonchain (DRGN)?
The fastest way is to use a credit card but you will then be charged higher fees. As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic. We have already explained how to buy Dragonchain with Credit Card, Debit Card or PayPal in 2023.
- Once your account is verified, simply add funds to your account and determine if you want to buy or sell DRGN tokens.
- Although you can use PayPal to buy many goods and services online, there is no direct way to buy Dragonchain with the PayPal payment system in most countries.
- The Level 2 Node performs the task of analyzing and validating the data that is held in the private business node.
- Finder.com is an independent comparison platform and
information service that aims to provide you with information to help you make better decisions. - Download the Beaxy Trading App to trade your BTC and access all Markets anytime and anywhere.
3) Then Coinbase will ask you to select if you are an INDIVIDUAL or BUSINESS. I’m assuming you are an individual so I will skip the whole business account setup. MAKE SURE to use your real name as Coinbase will use this for account verification. Currently, the most popular Litecoin exchange is Binance, which handled $ 12.24M worth of LTC trades in the last 24 hours.
Cryptocurrency Pairs
You may be aware of some high-profile hacks that occurred on some of the world’s leading crypto exchange platforms. The regular cryptocurrency news also includes attacks carried out on individual crypto traders. Suppose you buy Dragonchain instantly and store it on your software wallet, it will be a relatively easier target for hackers. You can also get a wallet that you can use to send and receive Bitcoin.
- You may be aware of some high-profile hacks that occurred on some of the world’s leading crypto exchange platforms.
- Go back to Coinbase, click on “Pay” on the left menu, and choose Bitcoin on your list of assets.
- Use this Binance Signup Page link or click the image below to join Binance, which is one of the most popular crypto exchange platforms.
- However, some time and effort are invested, but this makes Coinbase the most trusted and reliable way to convert ordinary currency into cryptocurrency.
- Each of these crypto coins are going to have their own, unique blockchain, and a specific, designated use.
- Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates.
An unauthorized person will never gain access to your private keys. Once it is done, you see the traded amount of Dragonchain in your account. Now it is up to you whether you keep your Dragonchain in the Binance exchange platform or trade Dragonchain for another cryptocurrency. Whenever you are confused about future Dragonchain investments and crypto trading, you can contact Binance to resolve the issue.
Dragonchain
DRGN or Dragons, are the base asset used within the Dragonchain ecosystem to incentivize and reward participation with all of the platform features and solutions. This license can act as a more flexible version of stand licensing for legacy software. The DRGN token is seen as a more cost-effective alternative because the platform does not require an annual payment for each user that needs a license to use a product. The DRGN tokens were initially given to the participants of the Dragonchain token sale. This sale was held by Dragonchain to accumulate funds that would later be used to build upgrades to the platform as well as performing maintenance. As of now, there are roughly 235,000,000 DRGN tokens that make up the circulating supply.
Cryptocurrencies provide many benefits to every potential user, such as privacy and lower transactional fee. PayPal is one of the most popular online payment systems, designed to transfer money anytime and anywhere across the globe. Although you can use PayPal to buy many goods and services online, there is no direct way to buy Dragonchain with the PayPal payment system in most countries. In Kucoin, search for DRGN, select the amount you want to buy. Once you have selected all the parameters, you can press the ‘Buy’ button and have your own DRGN coins. As mentioned before, the best place to save and store your coins is a hardware wallet.
Only downside is that your weekly purchase limit on a Credit Card will be around $750 when you first open your account. Setting up is a breeze, and you’re one step closer to making a mark in the digital age. Using this quick step-by-step guide, you can start buying and investing in DRGN [Dragonchain] using major exchanges such as Coinbase and KuCoin. Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates.
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