A Step-by-Step-Guide on how to buy DigiByte (DGB)
Step 1 – Signup to Kraken You will first need to purchase units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get Ethereum or Bitcoin.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. DigiByte (DGB) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find DigiByte (DGB) Once your deposit has been verified, you will immediately have access to your funds and you can begin invest and trading. To invest in DigiByte (DGB) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate DigiByte (DGB), you will need to put the shortname of the coin (DGB) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “DGB/BTC” to advance.
Step 4 – Purchasing DigiByte (DGB) As soon as you have found DigiByte (DGB), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate DigiByte (DGB) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of DGB you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of DGB. When you are satisfied, click on “Buy DGB”. Your plan will be filled as soon as a Vendor sells their DGB for the price you offered.
Step 5 – Withdraw DigiByte (DGB) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extensive time period. To take off your DigiByte (DGB), hover over the ”Funds” tab and mouse click on “Withdraw”. DigiByte (DGB) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find DigiByte (DGB) by using the provided drop-down box. Put into the volumen of DigiByte (DGB) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.
Congrats! You have successfully purchased and stored DigiByte (DGB).That's it! Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (DGB) DigiByte is stored inside your wallet, you are done.
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