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 – Transmit Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. DaTa eXchange Token (DTX) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find DaTa eXchange Token (DTX) Once your deposit has been affirmed, you will immediately have access to your funds and you can initiate purchasing and trading. To buy DaTa eXchange Token (DTX) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to spot DaTa eXchange Token (DTX), you will need to put the cointype (DTX) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “DTX/BTC” to proceed.
Step 4 – Purchase DaTa eXchange Token (DTX) Once you have found DaTa eXchange Token (DTX), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest rate DaTa eXchange Token (DTX) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of DTX you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of DTX. If you are glad, click on “Buy DTX”. Your plan will be filled as soon as a Vendor trades their DTX for the price you submitted.
Step 5 – Withdraw DaTa eXchange Token (DTX) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. In order to take off your DaTa eXchange Token (DTX), go to the ”Funds” tab and click on “Withdraw”. DaTa eXchange Token (DTX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find DaTa eXchange Token (DTX) by using the given drop-down box. Enter the amount of DaTa eXchange Token (DTX) you would like to take off. Take into account the displayed 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 before a take off.