A Step-by-Step-Guide on how to buy DigitalBits (XDB)
Step 1 – Join CEX.io You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. DigitalBits (XDB) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate DigitalBits (XDB) Once your deposit has been confirmed, you'll directly have access to your finances and you can launch purchasing and trading. To buy DigitalBits (XDB) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to spot DigitalBits (XDB), you'll need to put the shortname of the coin (XDB) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “XDB/BTC” to continue.
Step 4 – Purchase DigitalBits (XDB) As soon as you have located DigitalBits (XDB), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order. The ”Price” field will be filled automatically with the most recent rate DigitalBits (XDB) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of XDB you want to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of XDB. If you are happy, click on “Buy XDB”. Your plan will be filled when a Vendor sells their XDB for the price you submitted.
Step 5 – Withdraw DigitalBits (XDB) Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. To take off your DigitalBits (XDB), go to the tab called “Funds” and mouse click on “Withdraw”. DigitalBits (XDB) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find DigitalBits (XDB) by using the given drop-down box. Put into the volumen of DigitalBits (XDB) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.