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How to Buy Obyte (GBYTE)

A Step-by-Step-Guide on how to buy Obyte (GBYTE)

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive your welcome $10.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Obyte (GBYTE) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Obyte (GBYTE)

As soon as your deposit has been approved, you will immediately have access to your finances and you can initiate buying and trading. To buy Obyte (GBYTE) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To discover Obyte (GBYTE), you will need to put the shortname of the coin (GBYTE) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we have marked this also. Click on “GBYTE/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Obyte (GBYTE)
Step 4 – Buying (GBYTE) Obyte

As soon as you've found (GBYTE) Obyte, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The ”Price” field will be filled with the most latest valuation (GBYTE) Obyte was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of GBYTE you like to purchase. The ”Total” field is the whole price in BTC that you will pay for the complete quantity of GBYTE.

If you are glad, click on “Buy GBYTE”. Your order will be filled as soon as a Vendor trades their GBYTE for the price you gave.

Step 5 – Withdraw (GBYTE) Obyte

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time frame. In order to take off your (GBYTE) Obyte, hover over the tab called “Funds” and mouse click on “Withdraw”. (GBYTE) Obyte can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (GBYTE) Obyte by using the provided drop-down box. Put into the volumen of (GBYTE) Obyte you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Kudos! You have successfully purchased and stored (GBYTE) Obyte.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the (GBYTE) Obyte is safe within your wallet, you're done.