Dusk network is a layer 1 blockchain that provides financial services to organisations while ensuring compliance with all the regulations involved. The network can be used to develop confidential smart contracts, confidential security tokens, digital share registers, proxy voting and more,
The Dusk platform is supported by its cryptocurrency DUSK. DUSK enables a self-sustaining ecosystem within the blockchain with transaction fees, governance and block procedures.
This guide will take you through buying DUSK and recommend the required tools for it.
How to Buy DUSK in 4 Easy Steps?
You can follow the steps listed below to easily and safely buy DUSK.
Step 1: Choose a Crypto Exchange Platform
Choosing a crypto exchange platform is important to proceed with the purchase. The platform provides trading options along with market analysis to facilitate your purchase. Along with the services, the available payment options and currencies vary with each platform.
Platforms like BitFinex let you use USD for the DUSK token. Besides that, Bitvavo can be used for EUR and WazirX for INR. Without an option for a direct purchase, an altcoin can be bought using the fiat currency and then traded for a DUSK token. Common exchange pairs include the tokens USDT (Tether), Wrapped BNB(WBNB) and BTC (Bitcoin).
Step 2: Register on any of the Platform
When you access the chosen platform, you will be asked to register an account. The registration usually involves submitting details such as email address, phone number, and residential address. In addition to that, a valid ID (a passport for example) is required to complete the KYC process. Once all the details are provided, the verification is completed in a few hours. The account is then ready for use.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now, check the payment options available on the exchange platform. The options usually include credit/debit cards, bank transfers, UPI, crypto wallets and more. Add funds to your account using one of the payment options. The added funds can then be used to either purchase the DUSK token or an altcoin.
For a direct purchase, the platform BitFinex is recommended. Bitvavo is recommended for EUR and Giottus for INR. The altcoin you buy should have an available exchange pair with DUSK. Bitcoin and Tether are two popular options for the DUSK trade.
An exchange platform provides analysis and exchange trends for each token to help you with the purchase.
Step 4: Store the Cryptocurrency in a Wallet
The purchased tokens must be saved in a crypto wallet to ensure safety. A crypto wallet is designed to manage digital assets safely and is therefore essential. The wallets that support DUSK will vary from each other based on their features, ease of use, and customer support. You must study the reviews to pick a wallet suitable for you. Some popular wallets for DUSK tokens are Ledger, Trezor, and Atomic Wallet.
To transfer the token to your wallet, access the exchange platform’s withdrawal page. You will be asked for your wallet’s public access key and the requested number of tokens will be transferred. The process is now complete, and your DUSK token is safe.
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Where to buy DUSK network (DUSK)
MEXC started in 2018 to become the go-to platform for new users and experienced traders alike. The platform has been developed by experts from the banking sector, strengthening its performance. The platform operates in over 170 countries with support for local languages.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Credit/Debit Card, Global Bank Transfer, P2P Trading, MEXC Mastercard |
Deposit Fees: | None |
Cryptos Listed: | 1500+ |
Trading Fees: | 0.00% for the maker, 0.01% for the taker |
Fiat Currencies Supported: | 50+ |
Trustworthiness: | Safe and Reliable |
WazirX is amongst the leading crypto exchange platforms of India with a user base of over 15 million. The platform ensures a smooth KYC process that is fully compliant with the regulations involved. The support for INR is a valuable feature for its Indian users.
Factsheet
|
Operational Since: |
2017 |
|
Deposit Methods: |
Bank Deposit, Cash Balance, Credit/Debit Card, P2P Trading |
|
Deposit Fees: |
Free for cryptocurrencies |
|
Cryptos Listed: |
350+ |
|
Trading Fees: |
0.10% |
|
Fiat Currencies Supported: |
USD, AUD, EUR, HKD, KZT, NOK, PEN, RUB, TRY, UAH, UGX. |
|
Trustworthiness: |
Safe and Reliable |
It was founded by Michael, Eric, Top, Kent, John, Jack, and Linda in 2017 and facilitated the easy flow of digital value. The platform aims to keep the process simple and secure for users, which has generated more trust in it. There are some added services that you can avail such as futures trading, instant exchange service, and more.
Factsheet
|
Operational Since: |
2017 |
|
Deposit Methods: |
P2P Trading, Debit/Credit Card, Third Party Payment, Bank Transfer |
|
Deposit Fees: |
Free for cryptocurrencies |
|
Cryptos Listed: |
700+ |
|
Trading Fees: |
0.005-0.01% depending on your tier level |
|
Fiat Currencies Supported: |
28+ |
|
Trustworthiness: |
Safe and reliable |
Frequently Asked Questions
Where Can You Buy DUSK With A Credit Or Debit Card?
Using a debit or credit card is quick and convenient. Depending on the exchange platform, a card can be used to purchase the DUSK token as well. The platforms WazirX and Giottus can be used for INR purchases. Similarly, BitFinex is suitable for USD and Bitvavi has the option for EUR. Once you have added the funds to your account, you can directly trade the money for DUSK tokens at a favourable exchange rate.
Cards can still be used if the option for a direct exchange is not available. You must look for an altcoin with an exchange pair with DUSK and purchase the altcoin with the funds in your account. Trade the altcoin for DUSK by analysing the market trends. Pairs with Tether, Wrapped BNB, and Bitcoin are commonly available on exchanges like Binance, OKX, and CoinDCX.
What Will You Need To Buy DUSK?
There are a few essentials needed for the purchase of DUSK. These items are listed below:
- An exchange platform: It facilitates the trade for you. A registered account on the platform is required to begin trading. With a registered account, you may explore different trading services available to find the most profitable option for you.
- Debit/credit card: It will be used to add funds to your account on the crypto exchange platform. Other payment options may be available, but cards are often the most convenient. The added funds can be traded for DUSK directly or through an altcoin.
- Fiat money: Direct purchase of tokens with fiat currency is simple. The available currencies differ for each platform and should therefore be verified. A direct DUSK exchange is available in USD on BitFinex, EUR on Bitvavo, and INR on Giottus.
- Crypto wallet: Crypto wallets let you store your tokens safely. Wallets are available with different features, user interfaces, supported platforms, and involved fees. You must choose a wallet only after evaluating the particulars.
What Is The Easiest Way To Buy DUSK?
The easiest way to buy DUSK is a direct purchase. You can use your debit/card card to add funds to your account and use the funds to buy the DUSK token directly. If direct purchase is unavailable, use an altcoin to trade DUSK. Look for an altcoin with an exchange pair with DUSK and purchase it using your funds. Once you have completed the purchase, transfer the tokens to the crypto wallet of your choice.
Best Wallets To Store Your DUSK token (DUSK)
Crypto wallets ensure the safety of your crypto tokens. Wallets come with different features, services, and supported tokens. Some wallets that are suitable for DUSK are listed below.
- Ledger: Ledger is a hardware wallet that ensures the safety of your token with physical storage. The wallet comes with an app that can be used to buy, sell, stake, and manage your digital assets. Currently, the wallet lets you send, receive and swap DUSK tokens.
- Trezor: The Trezor wallet is another hardware wallet that can be used for DUSK tokens. The wallet is available in different forms. The wallet allows you to send, receive and swap DUSK tokens.
- Atomic wallet: It is a non-custodial decentralized wallet. The wallet is highly trusted, supporting over 1000 cryptocurrencies. It offers anonymous operation and 24/7 live support on all major platforms.
