A Step-by-Step-Guide on how to buy Data Transaction Token (XD)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Data Transaction Token (XD) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Data Transaction Token (XD) As soon as your deposit has been approved, you'll now have access to your assets and you can initiate purchasing and trading. To buy Data Transaction Token (XD) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Data Transaction Token (XD), you'll need to put the shortname of the coin (XD) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we have marked this too. Click on “XD/BTC” to go ahead.
Step 4 – Purchase Data Transaction Token (XD) After you have located Data Transaction Token (XD), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Data Transaction Token (XD) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of XD you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole quantity of XD. When you are satisfied, make a mouse click on “Buy XD”. Your order will be filled when a Seller trades their XD for the price you submitted.
Step 5 – Withdraw Data Transaction Token (XD) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extended period of time. In order to take off your Data Transaction Token (XD), go to the ”Funds” tab and click on “Withdraw”. Data Transaction Token (XD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Data Transaction Token (XD) by using the given drop-down box. Drop in the amount of Data Transaction Token (XD) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.