A Step-by-Step-Guide on how to buy Obyte (GBYTE)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Obyte (GBYTE) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Obyte (GBYTE) Once your deposit has been verified, you will now have access to your assets and you can launch purchasing and trading. To purchase Obyte (GBYTE) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To find Obyte (GBYTE), you will need to put the short name of the asset (GBYTE) into the search box, which is marked in the picture. Be certain of having selected the correct grouping, we've marked this too. Click on “GBYTE/BTC” to go on.
Step 4 – Buy Obyte (GBYTE) As soon as you've discovered Obyte (GBYTE), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order. The ”Price” field will be filled automatically with the most up-to-date tariff Obyte (GBYTE) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of GBYTE you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of GBYTE. When you're happy, make a mouse click on “Buy GBYTE”. Your plan will be filled as soon as a Vender trades their GBYTE for the price you offered.
Step 5 – Withdraw Obyte (GBYTE) Unless you're trading, never keep your crypto on an Crypto Trader for an longer period of time. To withdraw your Obyte (GBYTE), go to the ”Funds” tab and mouse click on “Withdraw”. Obyte (GBYTE) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Obyte (GBYTE) by using the provided drop-down box. Drop in the volumen of Obyte (GBYTE) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.