How to Buy Digital Money Bits (DMB)

A Step-by-Step-Guide on how to buy Digital Money Bits (DMB)

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get your welcome 10$.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Digital Money Bits (DMB) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find Digital Money Bits (DMB)

As soon as your deposit has been approved, you'll instantly have access to your finances and you can begin invest and trading. To buy (DMB) Digital Money Bits on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to spot (DMB) Digital Money Bits, you will need to insert the shortname of the coin (DMB) into the search box, which is highlighted in the picture. Be certain of having selected the right grouping, we have highlighted this too. Click on “DMB/BTC” to go ahead.

Binance How To Buy 1 Digital Money Bits (DMB)
Step 4 – Purchase (DMB) Digital Money Bits

As soon as you've located (DMB) Digital Money Bits, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our Limit Order.

The “Price” field will be filled automatically with the most up-to-date rate (DMB) Digital Money Bits was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of DMB you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of DMB.

If you're satisfied, make a mouse click on “Buy DMB”. Your plan will be filled when a Seller sells their DMB for the price you submitted.

Step 5 – Withdraw Digital Money Bits (DMB)

Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (DMB) Digital Money Bits, hover over the “Funds” tab and click on “Withdraw”. Digital Money Bits (DMB) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (DMB) Digital Money Bits by using the given drop-down box. Put into the amount of (DMB) Digital Money Bits you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Kudos! You've successfully bought and safed (DMB) Digital Money Bits.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the Digital Money Bits (DMB) is safe within your wallet, you are done.