How to Buy DigitalBits (XDB)

A Step-by-Step-Guide on how to buy DigitalBits (XDB)

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome $10.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. DigitalBits (XDB) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate DigitalBits (XDB)

As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can initiate invest and trading. To buy DigitalBits (XDB) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover DigitalBits (XDB), you will need to put the cointype (XDB) into the search-box, which is highlighted in the image. Make sure you have selected the proper pairing, we've highlighted this too. Click on “XDB/BTC” to continue.

How to buy Coin on Binance 1 DigitalBits (XDB)
Step 4 – Purchasing DigitalBits (XDB)

After you've found DigitalBits (XDB), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the latest price (XDB) DigitalBits was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XDB you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of XDB.

When you are satisfied, make a mouse click on “Buy XDB”. Your plan will be filled as soon as a Vendor trades their XDB for the price you submitted.

Step 5 – Withdraw DigitalBits (XDB)

Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your DigitalBits (XDB), go to the “Funds” tab and mouse click on “Withdraw”. (XDB) DigitalBits can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XDB) DigitalBits by using the given drop-down box. Enter the quantity of DigitalBits (XDB) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.

Kudos! You've successfully bought and safed (XDB) DigitalBits.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the DigitalBits (XDB) is stored within your wallet, you're finished.