How to buy Decred (DCR) in Australia
Learn how to buy Decred (DCR) easily by following a step-by-step guide and compare 10+ crypto exchanges.
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How to buy Decred
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Decred.
- Open an account on an exchange that supports DCR.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Decred.
- Buy Decred.
Complete your Decred purchase and then find the best wallet to store DCR.
What is Decred?
Decred (DCR) is the 108th largest cryptocurrency in the world by market cap, valued at $804,963,981. The current price of Decred is $58.94, which is 7.585% higher than yesterday. Prices have ranged between $59.02 and $53.72 over the past 24 hours. All prices are listed in US dollars and accurate as of January 26, 2022 10:01 UTC.
Where to buy Decred
Find an exchange to buy, sell and trade DCR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Decred at a glance
|Total DCR supply||21,000,000|
|All time high||US$247.35|
|All time high date||April 17, 2021|
Decred price performance over time
How to sell Decred
You can cash out your DCR with the same exchange you bought it through:
- Sign in to the exchange you have DCR on.
If you store your Decred in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of DCR you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Decred.
What to consider when buying Decred
Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
- Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
- Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
- Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.
Coins similar to Decred (DCR)
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Disclaimer: Cryptocurrencies, including Decred, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DCR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Decred or any other cryptocurrency discussed.
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