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How to buy Decred (DCR) in Malaysia

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

Decred
DCR- USD
$37.26
+ $0.22 ( + 0.59%)
STORE-OF-VALUE

How to buy Decred

1. Compare crypto exchanges

The easiest way to buy Decred 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 RM using the payment method that best suits you – credit card, cryptocurrency, simplex and banxa payments are widely accepted.

4. Buy Decred

You can now exchange your funds for Decred. 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 Decred to your personal wallet.

Where to buy Decred in Malaysia

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.

1 - 6 of 8
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Changelly Crypto-to-Crypto Exchange
Credit card, Cryptocurrency
USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more

156
cryptocurrencies

Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Cryptocurrency, Simplex, Banxa, XanPool, MoonPay, Mercuryo, E-check, Legend Trading, Capitual
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP and more

185
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Buy, sell, trade and earn hundreds of cryptos on this full-featured global trading platform.
OKX Cryptocurrency Exchange
OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

307
cryptocurrencies

Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 290 cryptocurrencies, OKX offers its users a variety of payment methods and coins to choose from.
Paybis Cryptocurrency Exchange
Paybis Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Neteller, Skrill, Credit or Debit Card
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

405
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
Bittrex Global
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

288
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Uphold Digital Money Platform
Uphold Digital Money Platform
Bank transfer (ACH)
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD & 10+ more

108
cryptocurrencies

Buy, send and convert from 27 currencies in seconds, all on one platform.
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Compare up to 4 providers

Steps on how to buy Decred

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

  1. Compare cryptocurrency exchanges that supports DCR.
    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 Decred.
  4. Buy Decred.
    Complete your Decred purchase and then find the best wallet to store DCR.
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 Decred

Before buying any cryptocurrency, there’s a number of risk factors that must be considered:

  • Decentralisation. True decentralisation without hurting functionality is one of the trickier challenges for cryptocurrencies to overcome. In the long run, a lack of community support for developer changes and ‘executive decisions’ by a relatively small group of people can be a coin’s undoing.
  • Development. Because Decred is entirely community-driven, it can draw on a much wider pool of developers (and pay them for their work) than a less democratic cryptocurrency. All the code used is open source, and experienced users will actually need to carefully look at, and install, changes before the network can upgrade to them.
  • Governance. The governance system of Decred differs from many other proof-of-stake protocols. Where other PoS networks offer voting power based on an individual’s stake in the network, Decred stakers can purchase ‘tickets’ which are then distributed pseudo-randomly.
  • Competition. Decred is quite similar to Bitcoin from a technological framework perspective. Although it aims to solve a lot of the issues with decentralisation and the governance of Bitcoin, BTC is a more popular token with much greater public interest.

How to sell Decred

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

  1. 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.
  2. Place a sell order.
    Choose the amount of DCR you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Decred.

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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