A Step-by-Step-Guide on how to buy DigitalBits (XDB)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. DigitalBits (XDB) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have 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 on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (XDB) DigitalBits As soon as your deposit has been approved, you will instantly have access to your assets and you can initiate purchasing and trading. To buy (XDB) DigitalBits on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. To spot (XDB) DigitalBits, you will 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 proper pairing, we've highlighted this too. Click on “XDB/BTC” to continue.
Step 4 – Purchase (XDB) DigitalBits After you've spotted (XDB) DigitalBits, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date tariff (XDB) DigitalBits was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of XDB you wish to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole quantity of XDB. If you're happy, click on “Buy XDB”. Your order will be filled as soon as a Seller sells their XDB for the price you offered.
Step 5 – Withdraw (XDB) DigitalBits Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your (XDB) DigitalBits, go to the ”Funds” tab and click on “Withdraw”. (XDB) DigitalBits can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XDB) DigitalBits by using the provided drop-down box. Drop in the amount of (XDB) DigitalBits you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.