A Step-by-Step-Guide on how to buy DigiByte (DGB)
Step 1 – Join CEX.io You'll first need to purchase one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. DigiByte (DGB) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find DigiByte (DGB) As soon as your deposit has been verified, you will immediately have access to your assets and you can initiate purchasing and trading. To buy DigiByte (DGB) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover DigiByte (DGB), you will need to insert the shortname of the coin (DGB) into the search-box, which is highlighted in the image. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “DGB/BTC” to go on.
Step 4 – Acquisition of DigiByte (DGB) After you have discovered DigiByte (DGB), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation DigiByte (DGB) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of DGB you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole volumen of DGB. When you're happy, click on “Buy DGB”. Your plan will be filled as soon as a Seller trades their DGB for the price you gave.
Step 5 – Withdraw DigiByte (DGB) Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an extensive time frame. To withdraw your DigiByte (DGB), hover over the ”Funds” tab and click on “Withdraw”. DigiByte (DGB) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find DigiByte (DGB) by using the given drop-down box. Drop in the quantity of DigiByte (DGB) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.