In this guide you’ll get information about where to buy DeRace, if you are planning to buy DERC token – You’re in the right place!
Anyone who is into horse racing would fall head over heels for DeRace. This is a decentralized platform that offers complete NFT investment within horse racing ecosystem. The platform wants to transform the gaming and betting industries by setting new standard for it. in DeRace, users have the chance to buy NFT horses and breed them. They can bet on (real-time) horse races. They can even construct their NFT hippodrome where they can host races and obtain profits.
This platform wants to disrupt these sectors at the same time: gambling, horse racing, and video game. It is able to see the chances in the lack of a certain feature: video games having gambling features. Horse racing industry itself has its own issue: lack of digitalization and corruptions. Because of these issues, people lose both interest and also trust in the traditional and centralized gambling system because of the sluggish settlements in transactions. In short, gambling and horse racing experience would be made more sophisticated and convenient with the blockchain technology.
Table of Contents
DeRace (DERC) Features
- Marketplace. The platform has its own marketplace where users can take part in the transactions involving their NFTs. They can use their DERC token to pay for those transactions. Naturally, there would be a certain mechanism and special offer for users using the marketplace.
- NFT Horses. The horses in this platform are NFTs, which means that they are digital assets. Users are able to breed the horses, understand those horses’ special features, and learn about their specialties. Each NFT is unique, which means that users should be able to unlock each unique characteristic of each asset.
- ETF. It everything goes as planned, DeRace will launch its own ETF in 2023. It will contain (underlying) basket of hippodromes or horses. They can be used in NFT races to produce cash flow.
Where to Buy, Sell and Trade DeRace aka DERC
You can basically use debit card, credit card, or even PayPal to buy the DeRace (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the DeRace as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to DeRace. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports DeRace currency and exchange your Ethereum / Bitcoin / Tether with the DeRace
- Store your DeRace to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying DeRace, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with DeRace:
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the DERC/BTC or DERC/ETH or DERC/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you DERC/USDT – so you need to convert your BTC or ETH to USDT first in order to buy DeRace (DERC)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your DeRace (DERC) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy DeRace (DERC) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the DeRace. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy DeRace (DERC) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy DeRace (DERC) with Skrill?
You can’t buy DERC directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to DeRace. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy DeRace (DERC) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair DERC/BTC and begin the transactions.
Can I Buy DeRace (DERC) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support DERC/ETH trading pair.
What Is the Best Payment Method to Buy DeRace (DERC)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the DeRace right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect DeRace (DERC)?
Once you have purchased the DeRace, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell DeRace (DERC)?
Find a crypto exchange which allow pairing DERC with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine DeRace (DERC) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a DeRace is to buy it from a reliable exchange.
DeRace makes it possible for players to have a pleasant combination of gambling and gaming without sacrificing chances to earn profits and excitement. This is a platform for personalized gaming experience that isn’t only unique but also transparent and fair. Users can take part in the unique NFT horses ownership. The platform also offers bookmakers (that ban players) and regulators while providing faster and cheaper transactions at the same time.