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How to buy DORA coins DORA coin trading tutorial

Date:2024-07-23 19:23:59 Channel:Trade Read:


The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


As we all know, decentralized networks led by ETH are experiencing increasingly severe congestion. Although these decentralized networks were once mainstream, the waiting time for transactions in these networks has now reached the limit that users can tolerate. Coupled with its increasingly expensive gas fees, ordinary investors feel that it is out of reach. The DORA coin project solves this problem. The project consists of three parts: Polkadot Factory, Ethereum Factory, and Virtual Bridge, forming a DAO-as-a-Service infrastructure based on Polkadot. Many friends who want to invest still don’t know how to buy DORA coins? Let the coin circle editor bring you a tutorial on how to buy and sell DORA coins.

 DORA coin buying and selling tutorial

Step 1: Enter the OKX official website and click [Register] in the upper right corner

Step 2: Since registering with an email address also requires binding a mobile phone number, it is recommended to register with a mobile phone number. Follow the picture and click Register

Step 3: Click [Personal Center]-[Identity Authentication] in the upper right corner of the page to enter the identity authentication page. Follow the prompts on the page to complete LV.1 basic authentication, LV.2 advanced authentication, and LV.3 video authentication.

Step 4: Log in to your OUYI account, click [Discover]--[Market] on the homepage to enter the market page

Step 5: Search for Dora Factory (abbreviated as DORA in English)

Step 6: Click Trade to enter the purchase page

Step 7: Fill in the purchase quantity and click Buy. If you want to sell, fill in the selling quantity and click Sell. Note: The minimum purchase quantity of DORA is 0.1DORA

 Introduction to DORA coin project

·Project introduction:

Dora
Factory is a DAO-as-a-service infrastructure based on Polkadot, providing pluggable governance functions such as quadratic voting, curve auctions, Bounty incentives, and cross-chain asset management for a new generation of decentralized organizations and developers.

·Project vision:

Establish a DAO-as-a-service infrastructure to provide a suitable toolkit for each DAO.

·Market demand:

The once mainstream decentralized network, led by ETH, is becoming increasingly congested, and the waiting time for transactions has reached the limit that users can tolerate. What follows is that the soaring GAS fees have not only made ordinary users feel daunted, but also made exciting use cases such as DAOs impossible to use.

· Project Solution:

Dora has built a series of useful tools to cultivate developer communities and problem-solving enterprises, such as secondary funding, on-chain bounties, curve fundraisers, and a global hackathon series. And build a plug-and-play toolkit for DAO creation.

· Token Usage Scenario:

As a Polkadot parachain, the DORA token will become the driving force for maintaining the Dora
Factory network, that is, providing staking rewards for validators and nominators. Staking DORA can earn DORA. DORA supports Dora Factory's DAO-as-a-service infrastructure.

· Incentive Mechanism:

When DAOs are deployed on Dora Factory, they need to stake a portion of DORA (for example, 100) to the Dora
Factory network. When they deploy the core module as the core function of their DAO, the core module developer pays the fee. When the core module developed by the developer is called by the DAO on DoraFactory, the developer will receive DORA rewards.

The above is a detailed introduction by the editor of the currency circle on how to buy DORA coins. In fact, the DORA coin project is still facing many risks. For example, the regulatory status of DORA and distributed ledger technology is still very unstable, and the information disclosure is insufficient. It is still in a development stage, and all its technical details and parameters may change. Finally, because various decentralized applications and networks are emerging rapidly, the competition in the industry is becoming more and more fierce. If you really decide to buy the token, you must make sure that you can accept the above risks.

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