A Step-by-Step-Guide on how to buy DaTa eXchange Token (DTX)
Step 1 –
Signup to Kraken
You'll first need to buy one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 –
Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader
Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. DaTa eXchange Token (DTX) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide)
Make sure you've chosen the right coin you want to deposit.
BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 –
Locate DaTa eXchange Token (DTX)
As soon as your deposit has been confirmed, you'll directly have access to your finances and you can launch invest and trading. To purchase DaTa eXchange Token (DTX) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.
In order to discover DaTa eXchange Token (DTX), you'll need to put the cointype (DTX) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “DTX/BTC” to go ahead.
Step 4 –
Acquisition of DaTa eXchange Token (DTX)
After you have found DaTa eXchange Token (DTX), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order.
The ”Price” field will be automatically filled with the most up-to-date valuation DaTa eXchange Token (DTX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of DTX you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of DTX.
If you are glad, click on “Buy DTX”. Your plan will be filled as soon as a Vender sells their DTX for the price you introduced.
Step 5 –
Withdraw DaTa eXchange Token (DTX)
Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an longer period of time. To withdraw your DaTa eXchange Token (DTX), go to the tab called “Funds” and click on “Withdraw”. DaTa eXchange Token (DTX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)
Locate DaTa eXchange Token (DTX) by using the provided drop-down box. Enter the quantity of DaTa eXchange Token (DTX) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.
If you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.