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What is Drep?

DREP (DREP) is a blockchain-based connector and toolkit featuring gamification tools.

  • The project is focused on providing solutions that are flexible, easy to use and integrate seamlessly.
  • The DREP Chain uses the Delegated Byzantine Fault Tolerant algorithm, and is compatible with smart contracts in the Ethereum Virtual Machine (EVM) and WebAssembly (WASM) formats.
  • The DREP token has multiple functions such as paying for gas fees, payment for transactions between sub-chains, in-app payments and for trading assets in future DREP games.
The team believe that blockchain and dApps are key to the future and are committed to providing solutions that are flexible and convenient for developers and users alike.

How do I swap Drep?

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Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Drep

Why Should I Trade DREP with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Drep no matter what your trading experience is. Unlike other international and Australian Drep exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Drep with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Drep how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Drep?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Drep for free.

Cold Storage

If you are holding Drep as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Drep. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Drep. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Drep has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Drep is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Drep exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Drep & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Drep safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Drep portfolio here.
Yes! With CoinSpot you can convert your Drep to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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