How to Buy, Sell & Store DECENTRALIZED Runes

Learn about DECENTRALIZED runes tokens and how to buy, sell, and store them using Xverse.

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Daniel Bowden

Published

July 25, 2024

The Runes protocol has attracted a lot of attention in the Bitcoin community, with dozens of Bitcoin-native tokens launching and experiencing impressive trading volumes. DECENTRALIZED is one of these new runes tokens.

Read on to learn about DECENTRALIZED runes tokens and how to buy, sell, and securely store them using the Xverse wallet.

What Are DECENTRALIZED Runes Tokens? 

DECENTRALIZED runes are fungible tokens on Bitcoin created using the Runes protocol. The tokens were created by the team behind CyberKongz and launched in 2024 with a total supply of 21,000,000,000 and were etched onto Rune #2.

According to its team, DECENTRALIZED runes are focused on culture and provenance. With its decentralized movement, the token’s developers want to build a community that’s “supporting others and lifting the space together.”

How to Buy DECENTRALIZED Runes Tokens, Step-by-Step 

You can buy DECENTRALIZED with your Xverse Runes Wallet in five simple steps. We will use the Magic Eden marketplace and the Xverse Chrome extension to illustrate.

  1. Go to the Magic Eden website and click the ‘Runes’ icon on the top left corner of the screen.
  1. Search for DECENTRALIZED Runes using the search bar at the top of the screen.
  1. Connect your Xverse Wallet to the marketplace to start the buying process.
  1. Select the lot sizes (bundle of Runes) of DECENTRALIZED runes you want to buy on the right side of the screen and click the ‘BUY’ icon.
  1. Approve the transaction in your Xverse wallet. 

Once the transaction is successfully completed, the DECENTRALIZED tokens will be deposited in your wallet.

How to Sell DECENTRALIZED Runes Tokens, Step-by-Step

Now let's look at how you can sell DECENTRALIZED tokens on Magic Eden using your Xverse wallet.

  1. Go to the Magic Eden website and click the ‘Runes’ icon on the top left corner of the screen.
  1. Connect your Xverse wallet to the marketplace by clicking the ‘Connect Wallet’ icon on the top right of the screen.
  1. Search for DECENTRALIZED and click on ‘Sell’ on the right side of the screen.
  1. Select the DECENTRALIZED tokens you want to sell and set the price. Click ‘List’ and approve the transaction to put your Runes on sale.

Securely Store Your Runes Tokens Using Xverse

Xverse is the most user-friendly Bitcoin Web3 wallet that gives you full control over your assets and allows you to securely store, buy, sell, and manage runes tokens. 

You can download the Xverse on iOS or Android for mobile and install the Chrome browser extension for a seamless user experience on the web.

Download Xverse today to explore the brave new world of runes tokens!

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