A Step-by-Step-Guide on how to buy Data Transaction Token (XD)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Data Transaction Token (XD) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Data Transaction Token (XD) Once your deposit has been affirmed, you will instantly have access to your finances and you can begin invest and trading. To purchase Data Transaction Token (XD) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to spot Data Transaction Token (XD), you will need to insert the shortname of the coin (XD) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “XD/BTC” to continue.
Step 4 – Buy Data Transaction Token (XD) After you've discovered Data Transaction Token (XD), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our own Limit Order. The ”Price” field will be filled automatically with the up-to-date tariff Data Transaction Token (XD) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of XD you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of XD. When you are glad, make a mouse click on “Buy XD”. Your order will be filled when a Vender sells their XD for the price you submitted.
Step 5 – Withdraw Data Transaction Token (XD) Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. To take off your Data Transaction Token (XD), go to the tab called “Funds” and mouse click on “Withdraw”. Data Transaction Token (XD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Data Transaction Token (XD) by using the provided drop-down box. Drop in the volumen of Data Transaction Token (XD) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.