I’ve been doing quite a bit of reading up on the DragonChain token, which was recentley released to a couple of exchanges, after a very successful ICO. After previously writing about how to buy Ripple and how to buy Waves, I thought I would put a quick post together on how to purchase Dragonchain tokens
Dragonchain is a public/private hybrid blockchain platform developed originally at Disney in Seattle. With backing from Disney, it has gone on to become it’s own product, offering blockchain services to corporates, similar to what Ethereum is offering.
At the moment, there are only a couple of exchanges offering DragonChain purchases, but the one that seems the most reliable, and trustworthy is called Kucoin. Kucoin is an exchange based in Hong Kong (similar to Binance) and offer a whole bunch of coins, including it’s own coin Kucoin Shares.
To register on Kucoin you can sign up on the site Kucoin.com. You don’t need to do a KYC verification for smaller transactions, so signup is really quick & easy.
Once signed up, you will need to send either Bitcoin or Ethereum to Kucoin, to allow you to purchase the Dragoncoin Token. I use Luno (in South Africa) and sent Ethereum as it is much faster & much cheaper to send than Bitcoin.
Once you have depsoited into Kucoin, you need to go to the DRGN/BTC or DRGN/ETH trading pairs to place your order. Kucoin interface is actually really simple, and makes buying a breeze. Simply enter the amount of DRGN you would like to purchase, based on the current/best price, then click Buy
I forsee pretty big things with Dragonchain, as it has massive potential. The growth in the last couple of weeks has been fantastic, and I only think it is going to get bigger. So HODL!!
Disclaimer: Some of the links in this post are affiliate links, to help pay for maintaining this site. Also, please note the above is not financial advice. Make sure you do your own research if you are unsure!