How to Buy Decred (DCR)

DCR price $18.52 2.02% 24h · exchange data updated 2h ago

Quick answer

The easiest place to buy DCR is a well-rated exchange such as Binance, Kraken or Gate. Some let you pay in USD directly; otherwise buy USDT first and trade it for DCR. $1.87M worth of DCR traded across the 11 exchanges we track in the last 24 hours.

Where to buy DCR

Exchange	Trust	Pay with	DCR 24h volume	Spread	Link
Binance	10out of 10, high trust	USDT	$414.57K	0.05%	Buy DCR on Binance
Kraken	10out of 10, high trust	USD	$195.23K	0.17%	Buy DCR on Kraken
Gate	10out of 10, high trust	USDT	$3.48K	0.03%	Buy DCR on Gate
MEXC	9out of 10, high trust	USDT	$67.4K	1.13%	Buy DCR on MEXC
KuCoin	9out of 10, high trust	USDT	$55.44K	0.27%	Buy DCR on KuCoin
BitKan	8out of 10, high trust	USDT	$37.99K	0.05%	Buy DCR on BitKan
DigiFinex	8out of 10, high trust	USDT	$27.09K	0.13%	Buy DCR on DigiFinex
HTX	7out of 10, medium trust	USDT	$600.9K	2.57%	Buy DCR on HTX

Showing 8 of 11 exchanges: highest trust score first, then by DCR volume. Highlighted currencies are national currencies you can pay with directly. We don't earn from any exchange listed.

How to buy DCR, step by step

Choose an exchange that lists DCR
DCR trades on 11 of the exchanges we track. Among the best-rated of them (trust score 10/10), Binance handles the most DCR: $414.57K changed hands there in the last 24 hours; Kraken and Gate are the next options.
Check that the exchange is licensed or allowed to operate where you live — the same exchange can offer different coins in different countries.
Create an account and verify your identity
Centralized exchanges ask for an email, a password and, before you can deposit money, identity verification (KYC) with a photo ID. Turn on two-factor authentication with an authenticator app, not SMS, as soon as the account is open.
Deposit money
You can buy DCR directly with USD on Kraken. Deposit by bank transfer (usually cheapest) or card (faster but pricier).
Most DCR volume is against USDT (90%), so on other exchanges you would deposit money, buy USDT first, then trade it for DCR.
Buy DCR
Open the DCR/USD market and enter how much you want to spend. A market order fills immediately at the best available price; a limit order waits until the price reaches the level you set. The gap between buy and sell prices is around 0.17% on the main markets, so a limit order can save you money on larger buys.
Decide where to keep it
You can leave DCR on the exchange, which is simplest, or withdraw it to a wallet you control. Before withdrawing, check that your wallet supports DCR on the same network the exchange sends on — funds sent over the wrong network can be lost.

Before you buy

DCR trades 93% below its all-time high. A long drawdown is a reminder that crypto prices can fall a long way and stay there.
Buying crypto can be taxable where you live. Keep a record of what you paid and when.

This guide is general information, not financial advice.