A Step-by-Step-Guide on how to buy Digix Gold (DGX)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome $10.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Digix Gold (DGX) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Digix Gold (DGX) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can commence invest and trading. To buy Digix Gold (DGX) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To find Digix Gold (DGX), you will need to insert the short name of the asset (DGX) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this also. Click on “DGX/BTC” to go on.
Step 4 – Purchasing (DGX) Digix Gold After you have found (DGX) Digix Gold, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff (DGX) Digix Gold was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of DGX you want to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of DGX. When you are happy, click on “Buy DGX”. Your order will be filled as soon as a Vendor sells their DGX for the price you offered.
Step 5 – Withdraw (DGX) Digix Gold Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your (DGX) Digix Gold, hover over the ”Funds” tab and click on “Withdraw”. (DGX) Digix Gold can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DGX) Digix Gold by using the provided drop-down box. Drop in the quantity of (DGX) Digix Gold you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.