How to Buy Datbit (DBT)

A Step-by-Step-Guide on how to buy Datbit (DBT)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Datbit (DBT) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find (DBT) Datbit

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can begin invest and trading. To invest in (DBT) Datbit on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

In order to spot Datbit (DBT), you will need to insert the shortname of the coin (DBT) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've marked this too. Click on “DBT/BTC” to advance.

Binance How To Buy 1 Datbit (DBT)
Step 4 – Purchasing (DBT) Datbit

After you've found (DBT) Datbit, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be automatically filled with the recent rate (DBT) Datbit was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of DBT you like to buy. The “Total” field is the aggregated price in BTC that you'll settle for the whole amount of DBT.

When you're glad, click on “Buy DBT”. Your order will be filled as soon as a Vender trades their DBT for the price you offered.

Step 5 – Withdraw (DBT) Datbit

Unless you're trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. To withdraw your (DBT) Datbit, go to the tab called “Funds” and mouse click on “Withdraw”. Datbit (DBT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DBT) Datbit by using the provided drop-down box. Enter the volumen of Datbit (DBT) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully purchased and stored (DBT) Datbit.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (DBT) Datbit is safe inside your wallet, you are done.