How to Buy Degen (DEGEN)
Learn all about Buy Degen
Price of Degen Today (24h)$0.01945
-5.39%Degen (DEGEN) is the memes related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 238 based on market capitalization on CoinMarketCap, with a market capitalization of 276433041 recorded at the time of writing. DEGEN has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Degen. They wish to invest or purchase Degen (DEGEN), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Degen. Regardless of your location, Bitrue can provide you with a simple and secure way to buy DEGEN.
Where and how to buy Degen
When it comes to purchasing Degen (DEGEN), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Degen in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased DEGEN will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Degen (DEGEN) through Bitrue.
Steps to Buy Degen (DEGEN)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy Degen (DEGEN)
Buy Degen through Spot Markets
- Note: Currently, the most popular Degen spot trading pairs include DEGEN/USDT and DEGEN/USDC. Before purchasing Degen (DEGEN) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Degen (DEGEN) from the list of cryptocurrencies.
- 3. Enter the quantity of DEGEN you want to purchase, either at the market price or set a target price for buying Degen.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Degen (DEGEN), users can only deposit DEGEN assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports DEGEN trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased Degen assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Degen cryptocurrency wallet.
- Note: If you have not received your Degen (DEGEN), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire Degen
Apart from directly buying Degen (DEGEN), what are the alternative methods to acquire Degen ?
Fixed Auto-Investment in DEGEN
Regularly invest a fixed amount at scheduled intervals in Degen (DEGEN) digital assets, enjoying both short-term returns and long-term benefits.
Staking DEGEN
Flexible staking of Degen (DEGEN) digital assets to earn interest or high returns in other cryptocurrencies.
Get Degen (DEGEN) for free
If you have enough time, you can obtain Degen for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Degen (DEGEN).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Degen.
- All cryptocurrency airdrops and rewards can be exchanged for DEGEN through coin-to-coin exchange or spot trading.
How to keep your Degen safe and secure
Once you have purchased Degen, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Degen and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Degen wallets, you also have the option to store Degen (DEGEN) separately in a personal encrypted wallet. This wallet serves to keep your Degen secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Degen, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Degen encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying Degen (DEGEN)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Degen.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your Degen assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Degen.
Get DEGEN with Bitrue
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Some market stats about DEGEN
Price Analysis
DEGENDegen Price Now:
$0.01945-5%24H
Degen is falling this week.
The price of Degen has dropped by -14.46% in the last 7 days. It has seen a -5.39% decrease in the past 24 hours and a 0.67% increase in just the last hour. The current price is $0.01945 per DEGEN. Degen is dropped -60.9% from its all-time high of $0.04975.
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Calculate the Returns on Your Degen Investment
How much profit would I have if I bought $ worth of Degen in ?
CalculateReturns based on the average Degen price for that year. Not financial advice.
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
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FAQ About Buy Crypto
What is Degen?
Degen (DEGEN) is a cryptocurrency launched in 2023and operates on the Solana platform. Degen has a current supply of 1,999,465,788 with 0 in circulation. The last known price of Degen is 0.00001896 USD and is up 67.13 over the last 24 hours. It is currently trading on 6 active market(s) with $4,762.96 traded over the last 24 hours. More information can be found at https://soldegen.com.
How many Degen are there in total?
The total supply of Degen is 36,965,935,954 and the Circulating Supply is 14,179,608,879 .
Why are people buying Degen?
People buy Degen for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Degen serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Degen include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy Degen?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase DEGEN.
Should I buy Degen?
Deciding whether to buy Degen depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Degen investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Degen (DEGEN) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Degen?
Generally, buying Degen digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 DEGEN?
To purchase 10 DEGEN, the cost in USD would be $0.1945.
What are the fees for buying Degen?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy DEGEN?
Currently, Bitrue does not support purchasing DEGEN or adding fiat currency using Apple Pay.
How to use Google Pay to buy DEGEN?
Currently, Bitrue does not support purchasing DEGEN or adding fiat currency using Google Pay.
How to use Paypal to buy DEGEN?
Currently, Bitrue does not support purchasing DEGEN or adding fiat currency using Paypal.
What can I do with Degen?
You can use Degen to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
Can I purchase Degen (DEGEN) worth 1 US dollar?
In theory, Degen (DEGEN) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for DEGEN is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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