DeRace is a decentralized horse-racing NFT-based platform offering a range of utilities. These include the common element of animal racing, which is betting. NFT owners have the opportunity to host their hippodrome and set markets on custom races to profit from them.
Getting started with the platform requires you to buy DeRace NFTs and you can buy these on any crypto exchange. Exchanges are specialized marketplaces where you can buy and sell cryptos and NFTs. By the way, the DeRace NFT is called the DERC token.
Easy Steps to Buy DeRace NFTs (DERC Tokens)
You can complete the whole purchase within fifteen minutes. All you need is your computer or Smartphone, internet connection, payment method, and photo ID. Here are the simple steps to buy DeRace NFTs:
Step 1: Compare different Crypto Exchanges to get the best deal. By comparing exchanges, you can access the specific feature you want. These may include ease of use, low fee, and exceptional customer support.
Step 2: Create an Account: You must have your email ready and means of identification. It is easy to create an account at all these exchanges. All you have to do is follow the prompts to complete the process.
Step 3: Make a Deposit at the Exchange: Once you have completed the verification process, you can deposit the fiat currency you are comfortable with using the payment option you preferred. Moreover, you can choose from bank transfer, PayPal, cryptocurrency, and credit/debit card options.
Step 4: Buy DeRace NFTs. This is the final stage where you get to exchange your deposit for DeRace NFT. For most exchanges, all you have to do to complete this process is to enter the amount of NFTs you want to buy and click on the “Buy” button. You can now withdraw your DeRace NFTs to your wallet and get started with your gaming and trading.
Is DeRace NFT a Good Investment?
First, understand that cryptos and NFTs are highly volatile. Additionally, they are a speculative investment class. Therefore, you must understand the different factors affecting crypto prices before you invest in DERC.
However, there are some elements you may want to consider to help you make an informed decision, such as supply, regulations, and competition. Overall, the game is doing well on all these fronts, but it is still a volatile investment. You must not forget this.