How to Buy Obyte (GBYTE)

A Step-by-Step-Guide on how to buy Obyte (GBYTE)

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive your first 10 Dollar.

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Obyte (GBYTE) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find (GBYTE) Obyte

Once your deposit has been confirmed, you will instantly have access to your funds and you can start purchasing and trading. To purchase Obyte (GBYTE) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover (GBYTE) Obyte, you will need to put the cointype (GBYTE) into the search box, which is highlighted in the image. Be certain of having selected the correct grouping, we have marked this too. Click on “GBYTE/BTC” to continue.

Binance How To Buy 1 Obyte (GBYTE)
Step 4 – Purchase (GBYTE) Obyte

Once you have found (GBYTE) Obyte, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the latest valuation (GBYTE) Obyte was sold for. This can be changed to your favoured rate. The “Amount” field is the volumen of GBYTE you want to purchase. The “Total” field is the total price in BTC that you'll pay for the complete quantity of GBYTE.

When you are satisfied, click on “Buy GBYTE”. Your order will be filled as soon as a Vender sells their GBYTE for the price you introduced.

Step 5 – Withdraw Obyte (GBYTE)

Unless you are trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Obyte (GBYTE), go to the “Funds” tab and click on “Withdraw”. (GBYTE) Obyte can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (GBYTE) Obyte by using the given drop-down box. Put into the quantity of (GBYTE) Obyte you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully bought and safed Obyte (GBYTE).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (GBYTE) Obyte is safe inside your wallet, you're all done.