A Step-by-Step-Guide on how to buy Data Transaction Token (XD)
Step 1 – Join CEX.io You'll first need to buy units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Data Transaction Token (XD) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate (XD) Data Transaction Token Once your deposit has been confirmed, you'll instantly have access to your funds and you can launch purchasing and trading. To buy (XD) Data Transaction Token on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (XD) Data Transaction Token, you'll need to put the cointype (XD) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've highlighted this also. Click on “XD/BTC” to go ahead.
Step 4 – Purchase Data Transaction Token (XD) After you have found Data Transaction Token (XD), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the recent valuation Data Transaction Token (XD) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of XD you like to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole volumen of XD. If you're satisfied, make a mouse click on “Buy XD”. Your order will be filled when a Seller sells their XD for the price you introduced.
Step 5 – Withdraw (XD) Data Transaction Token Unless you're regularly trading, never keep your coins on an Exchange for an extended period of time. To take off your (XD) Data Transaction Token, go to the tab called “Funds” and mouse click on “Withdraw”. (XD) Data Transaction Token can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XD) Data Transaction Token by using the provided drop-down box. Enter the volumen of (XD) Data Transaction Token you'd like to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.