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How to buy DerivaDAO (DDX) in the US

Learn how to buy DerivaDAO (DDX) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

DerivaDAO
DDX- USD
$2.57
+ $0.11 ( + 4.67%)
DECENTRALIZED-EXCHANGE

How to buy DerivaDAO

1. Compare crypto exchanges

The easiest way to buy DerivaDAO is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – debit card, wire transfer, bank transfer and cryptocurrency payments are all widely accepted.

4. Buy DerivaDAO

You can now exchange your funds for DerivaDAO. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your DerivaDAO to your personal wallet.

Where to buy DerivaDAO

Find an exchange to buy, sell and trade DDX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Debit card, Wire transfer
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

95
cryptocurrencies

Get USD 25 in BTC when you trade USD 100 within 3 days of signing up. T&Cs apply.
Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
Coinbase Pro
Bank transfer, Cryptocurrency, Debit card, PayPal, Wire transfer
USD, EUR, GBP

95
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
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Compare up to 4 providers

Steps on how to buy DerivaDAO

Look for an exchange that supports both fiat and cryptocurrency to simplify buying DerivaDAO.

  1. Compare cryptocurrency exchanges that supports DDX.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. 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 DerivaDAO.
  4. Buy DerivaDAO.
    Complete your DerivaDAO purchase and then find the best wallet to store DDX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying DerivaDAO

DerivaDEX is still a very young project – but is it something worth getting in on at the ground floor? Here are a few things that might help you make your decision:
  • You can stake stablecoins on the insurance mining platform and receive DDX tokens as your reward. You can stake Gemini Dollar (GUSD), Tether (USDT), cTether (cUSDT), USD Coin (USDC), cUSD Coin (cUSDC), and HUSD. Staking entails gas fees, and there is a 0.5% fee for unstaking.
  • As a utility token intended primarily for governance management, DDX has limited application as a crypto outside the DerivaDEX ecosystem. Its value will fluctuate and trading opportunities will always arise, but you should be aware that this is not an investment in the future of the platform, but a certificate of entitlement to a say in its future.
  • You can get DDX on Binance, Bittrex and Poloniex, among other exchanges.
  • Of the 50 million tokens initially minted, just over 34 million went to the team – a common caveat to claims of true decentralization in crypto.
  • US residents can’t trade DDX legally, and you can’t buy it directly with fiat money.

How to sell DerivaDAO

You can cash out your DDX with the same exchange you bought it through:

  1. Sign in to the exchange you have DDX on.
    If you store your DerivaDAO in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of DDX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of DerivaDAO.

Disclaimer: Cryptocurrencies, including DerivaDAO, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DDX 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 DerivaDAO or any other cryptocurrency discussed.

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