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Decred (DCR) Crypto Exchange

Name: Decred
Brand: Decred (DCR)
SKU: DCR
Availability: InStock
Rating: 4.8 (9726 reviews)

Instantly exchange Decred at the best DCR exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.

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Why exchange Decred (DCR) on ChangeNow

The average time for exchange is about 5 minutes. You can track the crypto swap progress on the exchange page.

Triumph Rate🔥
Swaps completed with the better exchange rate or deviated from estimate for less than 0.5%
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What is Decred (DCR)

Decred is one of the earliest cryptocurrencies to become a fork of [Bitcoin](https://changenow.io/currencies/bitcoin) utilizing a modified version of its code as a foundation. Developers first proposed the project under pseudonyms tacotime and _ingsoc with the release of the [Memcoin2](https://www.decred.org/research/mackenzie2013.pdf) whitepaper in 2013, then transferred to Company 0, and finally launched in 2016. Decred was designed to be an improved version of Bitcoin, using two consensus mechanisms and decentralized governance. As Decred was created with Bitcoin’s code, it offers similar features but with some modifications. The most significant difference is the platform’s hybrid-consensus mechanism which uses both Proof-of-Work and Proof-of-Stake components. This allows PoW miners to verify transactions and gives a chance to PoS stakers to propose and vote on network upgrades. Through the off-chain voting system called Politeia, stakeholders can vote on project funding, various changes and more. The platform’s native token DCR is widely used throughout the network, mainly rewarding the consensus participants, staking, and funding the project developments. In 2019, Decred integrated [the Lightning Network](https://docs.decred.org/lightning-network/overview/), which then facilitated the launch of the Decred Decentralized Exchange in 2020. The Decred DEX allows its users to trade digital assets such as DCR and BTC without the involvement of a third party.