A Step-by-Step-Guide on how to buy Digix Gold (DGX)
Step 1 – Signup to CEX.io You'll first need to buy units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Digix Gold (DGX) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find (DGX) Digix Gold Once your deposit has been affirmed, you'll instantly have access to your assets and you can commence invest and trading. To buy (DGX) Digix Gold on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To locate (DGX) Digix Gold, you'll need to insert the cointype (DGX) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “DGX/BTC” to continue.
Step 4 – Buying Digix Gold (DGX) Once you have spotted Digix Gold (DGX), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The ”Price” field will be automatically filled with the up-to-date price Digix Gold (DGX) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of DGX you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of DGX. If you're happy, click on “Buy DGX”. Your order will be filled when a Seller sells their DGX for the price you gave.
Step 5 – Withdraw (DGX) Digix Gold Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended time period. In order to take off your (DGX) Digix Gold, go to the ”Funds” tab and click on “Withdraw”. (DGX) Digix Gold can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DGX) Digix Gold by using the given drop-down box. Drop in the volumen of (DGX) Digix Gold you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.