• April 7, 2022
• Written By: admin

Alternatively, you can trade on an exchange such as Binance or Kucoin which offer trading pairs with other cryptocurrencies such as Ethereum or Bitcoin. The company was originally known as Loopchain until it rebranded as Dragonchain in October 2017 with the release of the Dragonchain Platform 1.0. The Dragonchain Platform 1.0 includes support for smart contracts with enterprise-grade security and support for development on any public or private entity.

Just some of the features that help Dragonchain stand out from the crowd include simple integration, multicurrency support, currency agnosticism, and protection for business operations and data. You need to use debit card or credit card to buy the Ethereum or Bitcoin first. After you get the Ethereum or Bitcoin, you can convert it to Dragonchain.

How Dragonchain Works

Make sure to type your name, your e-mail, and your password correctly. The stronger your password is, the safest your money will be. You will be asked to check your status as a living being using a re-captcha box and to agree to the terms of use of the platform. Initiate a wire transfer by providing your bank with the recipient’s account details. Download the Beaxy Trading App to trade your BTC and access all Markets anytime and anywhere.

• However, American investors should decide if their country imposed any regulation against trading cryptocurrency on foreign exchanges.
• DragonChain is a cryptocurrency that has been making waves in the industry.
• Binance is one of the most popular cryptocurrency exchanges in the world, and handled $ 10.83M worth of NEO trading volume in the last 24 hours.
• I’m assuming you are an individual so I will skip the whole business account setup.
• Of the surveyed crypto holders store their cryptocurrency in hardware wallets.

You will have to carry out some identity verification when signing up as they have to adhere to strict financial guidelines. Make sure you use our link to signup you will be credited with $10 in free bitcoin when you make your first purchase of $100. Now the token sale is over you are able to purchase the tokens on different exchanges. The token for Dragonchain, Dragons, were available via a token sale. The public offering accounts for 55 percent, or 238,421,940 Dragons. The team receives 20 percent (86,698,887 tokens), with 10 percent (43,349,444 Dragons) each going to the reserve and foundation.

How to Protect Dragonchain (DRGN)?

You can search by exchange name to find out if DRGN is available on your desired crypto exchange. To buy Dragonchain using USD (US Dollar) you will have to use a cryptocurrency exchange or financial service that supports funding via either your bank account or credit card. Dragonchain was first known as the how to buy drgn Disney Private Blockchain Platform. As that first name implies, it is a blockchain platform designed with a focus on business uses. The team calls it the most developer-friendly, secure, and flexible platform created so far, offering many benefits for companies and developers in search of those features.

Here you will see the list of all exchanges with Dragonchain (DRGN) quantity they are offering. Choose the best exchange to convert Bitcoin (BTC) to Dragonchain (DRGN) or choose the one recommended by us. If you want to learn how to buy more cryptocurrencies, here is our library of guides on how to buy cryptocurrency with USD.

Purchase Ethereum

The developers behind the project expect that the value will continue to increase while the ecosystem matures, making it a solid long-term investment. It is also important to note that a limited presale took place in August 2017 as part of a strategic partner network. The approximately https://www.tokenexus.com/ $1.4 million USD raised was earmarked for development and marketing. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. Apply our editorial review process to rank the remaining exchanges.