MEXC Blog: What is DeRace (DERC)?

amberrrr789

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Aug 23, 2022
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A blockchain-based racehorse platform called DeRace brings together millions of racehorse aficionados in a community where you can buy and breed NTF horses. We will go over all you need to know about the DERC cryptocurrency in this article, along with instructions on how to purchase DERC coins.


DeRace (DERC) Logo

What Purposes Does DeRace Token (DERC) Serve?
Any transaction made on the DeRace Platform uses the DeRace token (DERC). You name it: buying, trading, and wagering on NFT horses.

What Activities Are Available in DERC?
1. Own and breed an NFT equine
NFT horses that could be bred for sale and used in competition are offered by DeRace. The DeRace Token (DERC), which is used for transaction fees, selling NFT horses, entering them in races, and other purposes, is the official currency of the DeRace.

2. Conduct Horse Racing
In a hippodrome, users can run their own bookmakers and run races. A single user may own all or part of the hippodrome, in which case they will receive or split the proceeds from the races.

3. Bet on horses in live races.
Users and token holders can use the DeRace token to wager on their preferred NFT horse in live races and double their tokens.

Tokenomics for DeRace Token (DERC)
On the Ethereum blockchain, there are 68,370,000.00 DERC in circulation. On November 24, 2021, DERC's price (ATH) reached a high of 7.76 USDT. Since the ATH, the lowest price was 0.2349 USDT on September 25, 2022. On August 8, 2022, the price reached its greatest point of 0.2952 USDT, and on September 24, 2022, it reached its lowest point of 0.2314 USDT. By September 26, 2022, it will perform at a rate of 0.2374 USDT and have a market value of $246,527,420.

Who Is the Creator of the DERC Token?
Adomas Juodiius and Adelaida are the founders and operators of DeRace token. The platform's CEO is Adomas, while its CMO is Adelaida. Adomas and Adelaida both earned their bachelor's degrees from Vilnius Tech in 2010, Adomas with a concentration in system architecture and Adelaida with a focus in digital marketing strategist.

How can I purchase DERC tokens?
Buying DERC on MEXC involves the following steps:
  1. Enter your MEXC account credentials, then select [Trade]. Select [Spot].
  2. To view the trading pairs that are accessible, type "DERC" into the search field. Use DERC/USDT as an illustration.
  3. Go to the [Spot] box by scrolling down. Enter how much DERC you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. To finalize your purchase, click [Buy DERC]. The purchased token can be found in your Spot Wallet.