A Step-by-Step-Guide on how to buy Datacoin (DTC)
Step 1 – Signup to CEX.io You'll first need to purchase one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Datacoin (DTC) 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 Exchange? (Just 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're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Datacoin (DTC) As soon as your deposit has been confirmed, you will directly have access to your funds and you can commence purchasing and trading. To invest in Datacoin (DTC) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to locate Datacoin (DTC), you will need to insert the shortname of the coin (DTC) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we've marked this too. Click on “DTC/BTC” to go ahead.
Step 4 – Buy Datacoin (DTC) After you have discovered Datacoin (DTC), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're creating our own Limit Order. The ”Price” field will be filled automatically with the latest tariff Datacoin (DTC) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of DTC you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of DTC. When you are satisfied, click on “Buy DTC”. Your plan will be filled when a Vender sells their DTC for the price you offered.
Step 5 – Withdraw Datacoin (DTC) Unless you are frequently trading, never keep your coins on an Crypto Trader for an longer time frame. In order to take off your Datacoin (DTC), go to the ”Funds” tab and mouse click on “Withdraw”. Datacoin (DTC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Datacoin (DTC) by using the given drop-down box. Put into the amount of Datacoin (DTC) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.