How to buy DCR?

DCR is available on LetsExchange, where you can easily buy it alongside thousands of other cryptocurrencies. There are almost no upper limits on how many SPEC tokens you can purchase, with high maximum limits offered.

What is DCR?

Decred, launched in 2016, is a cryptocurrency focused on security, user empowerment, and adaptability, achieved through its unique blend of Proof-of-Work (PoW) and Proof-of-Stake (PoS) mechanisms. 

This dual-consensus system secures the network while enabling decentralized governance, where stakeholders vote on proposals for protocol changes, development, and funding. By staking DCR, its native token, users actively shape the network’s future, creating a democratic and community-driven ecosystem. 

Decred’s decentralized treasury, funded by block rewards, ensures sustainable development without reliance on external donations or centralized influence.

How to buy DCR on LetsExchange: a step-by-step guide

On LetsExchange, you can swap any of the supported 5,000 coins and tokens to DCR. While account registration is optional, we recommend it to access advanced portfolio management and affiliate tools. 

To proceed with the swap, perform the following steps. 

In the exchange widget, select the coin you want to exchange for DCR in the You Send field. For this example, we'll use Bitcoin, but you can choose any coin you have. 

Enter the amount you want to swap. In our example, we pick a default sum of 0.1 BTC. 

Select the exchange rate type: fixed or market.

If you pick a fixed rate, you will receive the exact amount specified in the You Get field of the widget. You can use a promo code with a fixed rate.

If you pick a market rate, the sum you receive may be different from the sum initially displayed in the widget. LetsExchange will select the best rate among multiple liquidity providers, and the swap will be completed at that rate. 

We pick a fixed rate because, with it, you can receive cashback by entering a promo code.

In the You Get window, pick DCR.

Now, the picked coin will be displayed in the You Get field. The sum that you will get will be calculated automatically.

If you have a promo code, type it in. You will get cashback. If you don’t have a promo code but want to get one, follow us on social media for updates. From time to time, we organize events for our users where they can be rewarded with promo codes and other valuable rewards. 

Click on the Swap option.

Now, the widget will display a window where you will be asked to enter your receiving wallet address. The swapped coins will be sent there.

You can also fill in the refund address. If the swap doesn’t go as expected, your coins will be refunded there. 

If you want to receive notifications about the swapping process, fill in also a valid email address (not mandatory).

Hit the Apply button.

Check all the data once more and hit the Proceed button. 

You will be displayed a deposit wallet address to which you need to send your coins. After you do so, the coins will be swapped, and your DCR coins will be sent to the receiving wallet address you’ve provided.

After the transaction is completed, you can download the receipt with all the transaction details. You can also track your transaction at any stage by copy-pasting its number on the Transaction status page.

Conclusion

In conclusion, purchasing DCR on LetsExchange is straightforward and secure. The platform supports a wide range of cryptocurrencies, offering flexibility in the amount of DCR you can buy. With high upper limits, LetsExchange ensures top user convenience.