A Step-by-Step-Guide on how to buy Data Transaction Token (XD)
Step 1 – Join CEX.io You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Data Transaction Token (XD) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (XD) Data Transaction Token As soon as your deposit has been verified, you will now have access to your funds and you can begin buying and trading. To invest in (XD) Data Transaction Token on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To discover (XD) Data Transaction Token, you will need to put the short name of the asset (XD) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have highlighted this too. Click on “XD/BTC” to go ahead.
Step 4 – Purchasing Data Transaction Token (XD) After you have spotted Data Transaction Token (XD), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our Limit Order. The ”Price” field will be filled with the recent price Data Transaction Token (XD) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of XD you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of XD. If you are glad, click on “Buy XD”. Your plan will be filled as soon as a Seller sells their XD for the price you introduced.
Step 5 – Withdraw Data Transaction Token (XD) Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extended time period. In order to take off your Data Transaction Token (XD), go to the ”Funds” tab and mouse click on “Withdraw”. Data Transaction Token (XD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Data Transaction Token (XD) by using the provided drop-down box. Drop in the quantity of Data Transaction Token (XD) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.