A Step-by-Step-Guide on how to buy DigiByte (DGB)
Step 1 – Join CEX.io You will first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. DigiByte (DGB) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate DigiByte (DGB) Once your deposit has been approved, you will directly have access to your funds and you can initiate buying and trading. To purchase DigiByte (DGB) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find DigiByte (DGB), you will need to insert the short name of the asset (DGB) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “DGB/BTC” to continue.
Step 4 – Purchasing (DGB) DigiByte After you've spotted (DGB) DigiByte, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff (DGB) DigiByte was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of DGB you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of DGB. When you're satisfied, click on “Buy DGB”. Your order will be filled when a Vendor sells their DGB for the price you offered.
Step 5 – Withdraw (DGB) DigiByte Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an extensive period of time. To take off your (DGB) DigiByte, hover over the ”Funds” tab and mouse click on “Withdraw”. (DGB) DigiByte can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (DGB) DigiByte by using the provided drop-down box. Enter the volumen of (DGB) DigiByte you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via phone/email before a take off.