A Step-by-Step-Guide on where to buy Digital Money Bits (DMB)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Digital Money Bits (DMB) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Digital Money Bits (DMB) Once your deposit has been affirmed, you'll now have access to your assets and you can begin purchasing and trading. To invest in Digital Money Bits (DMB) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to find Digital Money Bits (DMB), you will need to insert the cointype (DMB) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we have marked this also. Click on “DMB/BTC” to continue.
Step 4 – Buy Digital Money Bits (DMB) As soon as you have located Digital Money Bits (DMB), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Digital Money Bits (DMB) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of DMB you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of DMB. When you are glad, make a mouse click on “Buy DMB”. Your plan will be filled as soon as a Vender trades their DMB for the price you submitted.
Step 5 – Withdraw Digital Money Bits (DMB) Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your Digital Money Bits (DMB), go to the tab called “Funds” and click on “Withdraw”. Digital Money Bits (DMB) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Digital Money Bits (DMB) by using the given drop-down box. Enter the quantity of Digital Money Bits (DMB) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.