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Buy, Sell, Trade Decred (DCR) on WazirX

By June 24, 20212 minute read

Namaste Tribe! ?

Decred (DCR) is listed on WazirX and you can buy, sell, trade DCR in our INR and USDT market.

DCR/INR and DCR/USDT trading is live on WazirX! Share this

What about DCR Deposits & Withdrawals?

DCR is a part of our Rapid Listing Initiative. Hence, we will start DCR trading by enabling its deposits and withdrawals via WazirX <> Binance inter-wallet transfer option.

What does it mean for you?

  • Deposits — You can deposit DCR from Binance wallet to WazirX.
  • Trading — You can buy, sell, trade DCR in our INR and USDT market. When you buy DCR, it will appear in your “Funds”.
  • Withdrawals — You can withdraw DCR from WazirX to your Binance wallet.

Don’t worry, you’ll be able to deposit/withdraw DCR from other wallets very soon. Read more about the Rapid Listing Initiative here.

About DCR

Decred is a hybrid blockchain featuring both Proof of Work (PoW) and Proof of Stake (PoS). 60% of block rewards go to PoW Miners, 30% go to PoS ticket holders, and 10% of block rewards go to fund the team treasury. Decred adopts several design elements from Bitcoin, such as its 21 million total supply. However, its block-time is only 5 minutes (compared to 10 for bitcoin), its difficulty readjusts every 12 hours (144 blocks), and its block reward decreases by 1% every 21 days, a more gradual decrease than bitcoin’s halvings every 4 years.

  • Trading price (past 24 hrs): $141.21 USD
  • Global Market Cap (past 24 hrs): $1,840,280,405 USD
  • Global Trading Volume (past 24 hrs): $36,689,129 USD
  • Circulating Supply: 13,025,678.44 DCR
  • Total Supply: 21,000,000 DCR

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Happy Trading! ?

Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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