Launched in September 2017, KuCoin claims to have 5 million users from over 200 countries and regions. Often known as the People’s Exchange, KuCoin now offers crypto-related services like crypto-to-crypto, fiat-to-crypto, futures trading, staking, lending and so forth. The exchange has one of the world’s most impressive trading pair selections, with more than 250 supported coins and 440 trading pairs. KuCoin was backed by two giant traditional venture capitals when launching – IDG Capital and Matrix Partners.

Type in how much Ethereum you wish to transfer in the ‘Amount’ box (use the ‘use max’ option if you want to transfer everything). Enter your name (it has to be exactly the same as it’s written on your photo ID), email, password and location. If you want to buy DRGN when it reaches a specific price, use the Limit order. Enter the desired price and the amount of DRGN you want to buy, then click the Buy button.

Dragonchain wallet

You can start purchasing Dragonchain once your account has been funded and you have been authenticated. Depending on the exchange you choose, this process may differ. For example, some exchanges offer a process that only requires you to click a Buy or Sell button and then enter the amount of Dragonchain you wish to purchase . As each exchange has their own way of setting up a trading account, I will have to skip that portion of this guide but the majority of the exchange have a similarly easy setup process like Coinbase.

Ledger Nano S and Ledger Nano X and are the most GMT popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion. No account creation is needed to finish the cryptocurrency purchase.

Step 2: Choose how you want to buy the Dragonchain (DRGN) asset.

On the main page, you’ll find the option of “Buy Crypto”. Hover over to “Buy Crypto” and select Credit Card if you want to buy crypto from your Credit Card. Or if you prefer buying it by Peer 2 Peer method, you can choose that too.

If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting the Metamask’s website. Now that the sale is over, Dragons are used to access any part of the platform.

Coinbase does a great job of walking you through this setup as many banks have instant account verification. 6) Now you need to setup your funding sources (i.e how you plan on purchasing your Bitcoin or Ethereum). Your options are either using your Bank Account or Credit Card. Since you are reading this guide now and the plan is to use your BTC or ETH to purchase Dragonchain , I’d suggest using the Credit Card funding option. 3) Then Coinbase will ask you to select if you are an INDIVIDUAL or BUSINESS.

If you are not an existing user, you can refer to our How to Buy Ethereum guide on registering and buying your first cryptocurrency on Binance. There are several crypto wallets to choose from within the Ethereum network and Metamask appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension.

Another thing you can do after you buy Dragonchain is send it to your peers or basically to anyone who has a Dragonchain address. You can do it via many top-rated cryptocurrency exchanges like Coinbase, Binance & Coinmama. The greatest advantage of sending DRGN from your Dragonchain address to another one is how easy and fast it is. Whether the recipient is located across the world or near you, the process is secure & effortless. An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Dragonchain. Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

Complete your transaction and move your DRGN to a wallet for storage. Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page. The whole process can take as little as 15 minutes and all you’ll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

If you do not have an account in Kucoin, you will have to create one and start operating there. If you’ve created your wallet, the next step is purchasing Ethereum, in order to exchange it for for Dragonchain on another exchange. At this point, DRGN does not have a path to buy it with “fiat” or nationalized currency; so you’ll need ETH to do this. After it, you will have an unencrypted private key to your wallet.

Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and https://www.beaxy.com/ accuracy of such third-party sites and their contents. Dragonchain also contains an incubator which allows for others to launch blockchain projects and scale them with crowd participation. You can hire and communicate with others involved in cryptocurrency, blockchain tech, developers and software engineers, legal, and they even have libraries for pre built smart contracts.

Ethereum in your account will show up under ‘BALANCE’. Enter how much Ethereum you want to trade for DRGN in ‘Amount’ box under ETH. Etherdelta deals with ‘gas,’ a sort of fee for computer resources miners invest to carry out your transaction. You need to adjust the ‘gas price’ on Etherdelta to make your transaction move faster!. Coinbase may then ask you to confirm the order with your password/phone. Follow the instructions until Coinbase confirms that the Ethereum coins have been sent.

Navigate to the ETH Address tab and paste in your ETH wallet address from Kucoin into the DESTINATION field, and press the button to populate the amount for you. If you don’t want to wait, you can immediately buy funds with a credit or debit card (Visa/Mastercard). You cannot directly buy Dragonchain with PayPal at this time. If you wish to use PayPal, you will have to buy bitcoin first and then exchange bitcoins for DRGN by using a service like Binance. To buy Ethereum from Coinbase – which you will exchange for Dragonchain later – you have to create an account at Coinbase.

• If there are multiple forced attempts to enter the Pin code incorrectly, usually the hardware wallet self-destructs.
• Connect your Metamask wallet to the DEX you want to use by using your wallet address from Step 2.
• In 2016 Dragonchain released a list of use cases that were explored at Disney to the W3C Blockchain Community Group.
• Yet, crypto trading and mining conditions are modified all the time and could not bring the miner the desired outcome.

If you use a card on Coinbase, your fees will be higher, but your purchases will be instant. It is cheaper to use bank transfers, but it is slow – it can take up to a week to get your coins. Your first step will always be buying Bitcoins or Ethereum with your credit card.

You’ll need to add all the information that is required. This can include your Passport, National ID, and other stuff. Then you’ll have to wait for the approval and now you can easily trade Gate.io. Once they are in Kucoin, navigate to this page, and press the ETH tab. Confirm your identity on GDAX with something as simple as a picture of the front and back of your license. It took about 24 hours for my identity to be verified.

The hybrid architecture supports selective transparency where only the proof is decentralized for verification. The GDPR/HIPAA/CCPA capable compliance to protect PII. Transactions are secured with measurable proof leveraging Bitcoin and Ethereum, with approximately $4 billion USD worth of immutable security behind each transaction every year. It is a marketplace where users can buy and sell Bitcoins to and from each other.