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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. DigitalBits (XDB) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate DigitalBits (XDB) Once your deposit has been approved, you'll instantly have access to your finances and you can begin purchasing and trading. To invest in DigitalBits (XDB) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to find DigitalBits (XDB), you will need to insert the cointype (XDB) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this also. Click on “XDB/BTC” to progress.
Step 4 – Buy DigitalBits (XDB) As soon as you've discovered DigitalBits (XDB), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff DigitalBits (XDB) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of XDB you want to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole volumen of XDB. If you're happy, make a mouse click on “Buy XDB”. Your order will be filled when a Seller sells their XDB for the price you introduced.
Step 5 – Withdraw DigitalBits (XDB) Unless you're regularly trading, never keep your coins on an Exchange for an extended time period. To take off your DigitalBits (XDB), go to the ”Funds” tab and mouse click on “Withdraw”. DigitalBits (XDB) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate DigitalBits (XDB) by using the provided drop-down box. Put into the volumen of DigitalBits (XDB) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be requested for phone/email verification before a withdrawal.