A Step-by-Step-Guide on how to buy Datacoin (DTC)
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Datacoin (DTC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find Datacoin (DTC) Once your deposit has been approved, you will directly have access to your finances and you can begin purchasing and trading. To invest in Datacoin (DTC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find Datacoin (DTC), you will need to insert the short name of the asset (DTC) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we've marked this too. Click on “DTC/BTC” to proceed.
Step 4 – Acquisition of Datacoin (DTC) As soon as you have spotted Datacoin (DTC), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The ”Price” field will be filled with the latest rate Datacoin (DTC) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of DTC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of DTC. If you are satisfied, click on “Buy DTC”. Your order will be filled when a Vendor trades their DTC for the price you submitted.
Step 5 – Withdraw Datacoin (DTC) Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time period. In order to take off your Datacoin (DTC), go to the ”Funds” tab and mouse click on “Withdraw”. Datacoin (DTC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Datacoin (DTC) by using the provided drop-down box. Put into the volumen of Datacoin (DTC) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.