A Step-by-Step-Guide on how to buy DaTa eXchange Token (DTX)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. DaTa eXchange Token (DTX) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (DTX) DaTa eXchange Token As soon as your deposit has been approved, you'll immediately have access to your funds and you can start purchasing and trading. To buy (DTX) DaTa eXchange Token on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To locate (DTX) DaTa eXchange Token, you'll need to put the shortname of the coin (DTX) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “DTX/BTC” to advance.
Step 4 – Acquisition of (DTX) DaTa eXchange Token As soon as you've found (DTX) DaTa eXchange Token, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The ”Price” field will be filled with the most recent valuation (DTX) DaTa eXchange Token was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of DTX you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of DTX. When you're glad, click on “Buy DTX”. Your order will be filled when a Vender trades their DTX for the price you gave.
Step 5 – Withdraw (DTX) DaTa eXchange Token Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time frame. In order to take off your (DTX) DaTa eXchange Token, go to the tab called “Funds” and click on “Withdraw”. (DTX) DaTa eXchange Token can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DTX) DaTa eXchange Token by using the given drop-down box. Put into the amount of (DTX) DaTa eXchange Token you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.