A Step-by-Step-Guide on how to buy Digix Gold (DGX)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and getting your Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader 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 sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Digix Gold (DGX) Once your deposit has been verified, you will instantly have access to your assets and you can launch buying and trading. To buy Digix Gold (DGX) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to spot Digix Gold (DGX), you will need to insert the short name of the asset (DGX) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this also. Click on “DGX/BTC” to proceed.
Step 4 – Purchasing Digix Gold (DGX) After you've located Digix Gold (DGX), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The ”Price” field will be filled automatically with the latest price Digix Gold (DGX) was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of DGX you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of DGX. If you are satisfied, make a mouse click on “Buy DGX”. Your plan will be filled when a Vender trades their DGX for the price you gave.
Step 5 – Withdraw Digix Gold (DGX) Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. To take off your Digix Gold (DGX), go to the ”Funds” tab and click on “Withdraw”. Digix Gold (DGX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Digix Gold (DGX) by using the provided drop-down box. Drop in the volumen of Digix Gold (DGX) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.