A Step-by-Step-Guide on how to buy Digital Money Bits (DMB)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Digital Money Bits (DMB) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Digital Money Bits (DMB) Once your deposit has been affirmed, you'll immediately have access to your funds and you can start purchasing and trading. To buy Digital Money Bits (DMB) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To discover Digital Money Bits (DMB), you'll need to put the short name of the asset (DMB) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've marked this also. Click on “DMB/BTC” to proceed.
Step 4 – Purchasing Digital Money Bits (DMB) Once you've located Digital Money Bits (DMB), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Digital Money Bits (DMB) was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of DMB you want to buy. The ”Total” field is the total price in BTC that you'll settle for the whole quantity of DMB. When you're happy, make a mouse click on “Buy DMB”. Your order will be filled when a Seller trades their DMB for the price you gave.
Step 5 – Withdraw Digital Money Bits (DMB) Unless you're trading, never keep your crypto on an Crypto Exchange for an longer period of time. To take off your Digital Money Bits (DMB), hover over the tab called “Funds” and click on “Withdraw”. Digital Money Bits (DMB) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Digital Money Bits (DMB) by using the given drop-down box. Put into the amount of Digital Money Bits (DMB) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click on “Submit”. You could be requested for email/phone verification before a withdrawal.