Last update: Jun 6, 2022

How to Buy district0x (DNT)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy district0x. Depending on your country, you’ll have a few trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

District0x

How to Buy district0x – 4 Easy Steps

1. Choose a crypto exchange

Finding a cryptocurrency exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have district0x of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy district0x

Now that you have what you need to buy district0x, head over to the market or buy section of the cryptocurrency exchange and buy some DNT.

If the crypto exchange doesn’t have any district0x on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has district0x first), and trade your Ethereum for district0x.

Where to Buy district0x (DNT)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell district0x

  1. Sign into the crypto trading platform where you bought district0x.
  2. Move your district0x to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell district0x.

 

Crypto trading

How to Buy district0x (DNT) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy district0x in Australia, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy district0x if it’s available. If the exchange doesn’t have district0x. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has district0x), and trade your ETH for district0x.

Or, if you’d like to know more about which exchanges we recommend, look at our list of the easiest crypto exchanges in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy district0x (DNT) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy district0x in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy district0x if it’s available. If the exchange doesn’t have district0x. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has district0x), and trade your ETH for district0x.

You can also check out our comparison of the best bitcoin brokers in Canada if you’re interested in learning more about which exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy district0x (DNT) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy district0x in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy district0x if it’s available. If the exchange doesn’t have district0x. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has district0x), and trade your ETH for district0x.

If you’d like to know more about the exchanges we like, check our comparison of the best crypto trading platforms in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying district0x? DNT Rundown

District0x, described as "a network of decentralized markets or communities," is a platform that allows users the ability to launch their own decentralized platforms. These platforms are managed by a decentralized autonomous organisation ( DAO).

Each platform is called a "district" which can be launched on the district0x. The custom d0xINFRA framework powers the ecosystem. It provides a set basic smart contract and libraries that users can use to build their districts. This allows for a wide range of possible use-cases.

DNT is the native token of district0x. It is an ERC-20 utility token, which is mostly used to govern community.

The platform uses a combination Ethereum and Aragon technologies.

The Ethereum blockchain is used to host districts. Aragon serves as the governance layer for district0x. This allows DNT stakers to have governance rights and influence the development and operation in their districts. IPFS is also used to serve the source code of district0x websites and user uploads within each district.

District0x was created to address some of the inefficiencies associated with operating distributed community marketplaces.

This is achieved by offering a variety of front-end libraries and smart contracts that developers can use for easy creation of their own districts. It also provides a platform for community governance.

Developers can create districts for free, unlike other platforms that charge fees for the launch of new applications. However, a refundable deposit must be paid in order to be added to District Registry. This platform is easy to use and has created a variety of districts with different functions.

The most popular districts are the decentralized job market Ethlance and peer-to-peer name marketplace Name Bazaar. Meme Factory is a district that offers a simple interface to the creation rare digital assets.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.