This article discusses some of the ways a user can acquire Decred coins.
The five basic ways are:
- Purchase Decred for BTC through an exchange
- PoW mine for Decred
- PoS mine for Decred (this requires you to already have some Decred)
- Contribute to Decred
- Sell or trade goods or services with someone who already has Decred.
One way to acquire Decred is to purchase some on an exchange. Since the release of Decred on February 8th 2016, more than ten cryptocurrency exchanges have added support for Decred (last updated December 2017).
If you need help obtaining Bitcoin to get started, the process is well documented in the Bitcoin wiki.
As Decred continues to grow in popularity, some exchanges are offering Decred directly for fiat currency.
Mine for Decred (PoW)¶
Proof-of-Work (PoW) is a measure of using computational power to create and verify the cryptographically secure blockchain. This is similar to traditional Bitcoin mining. PoW mining is described in more detail here.
Stake Mine for Decred / Proof-of-Stake (PoS)¶
Proof-of-Stake (PoS) mining is performed by stakeholders who lock a certain amount of their DCR in return for voting rights and a monetary reward. PoS mining is described in more detail here.
Contribute to Decred¶
Decred is currently recruiting contractors - members of the community who are paid in Decred for their contributions. Check out this blog post for the details and how to get involved.
Sell / Trade Goods or Services for Decred¶
An alternative to obtaining Decred is to use your skills, knowledge, or experience by exchanging services for Decred as payment. Services can be anything that you are skilled at which are in need or requested by other members of the Decred community.