A Step-by-Step-Guide on how to buy Datbit (DBT)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and getting your welcome 10$.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Datbit (DBT) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Datbit (DBT) As soon as your deposit has been affirmed, you will directly have access to your funds and you can begin purchasing and trading. To purchase Datbit (DBT) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to find Datbit (DBT), you will need to insert the shortname of the coin (DBT) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “DBT/BTC” to progress.
Step 4 – Acquisition of Datbit (DBT) As soon as you've spotted Datbit (DBT), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order. The ”Price” field will be filled with the recent rate Datbit (DBT) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of DBT you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of DBT. If you are happy, click on “Buy DBT”. Your plan will be filled as soon as a Vender sells their DBT for the price you offered.
Step 5 – Withdraw Datbit (DBT) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extended time period. To withdraw your Datbit (DBT), go to the ”Funds” tab and mouse click on “Withdraw”. Datbit (DBT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Datbit (DBT) by using the given drop-down box. Enter the quantity of Datbit (DBT) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.