A Step-by-Step-Guide on how to buy Digix Gold (DGX)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Digix Gold (DGX) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (DGX) Digix Gold As soon as your deposit has been confirmed, you will immediately have access to your finances and you can launch buying and trading. To purchase (DGX) Digix Gold on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To find (DGX) Digix Gold, you'll need to put the cointype (DGX) into the search-box, which is marked in the graphic. Be certain of having choosen the right grouping, we have marked this too. Click on “DGX/BTC” to continue.
Step 4 – Purchase Digix Gold (DGX) After you've spotted Digix Gold (DGX), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order. The field with the “Price” tag will be filled with the most latest rate Digix Gold (DGX) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of DGX you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of DGX. If you are happy, click on “Buy DGX”. Your plan will be filled as soon as a Vendor sells their DGX for the price you gave.
Step 5 – Withdraw Digix Gold (DGX) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. To take off your Digix Gold (DGX), hover over the “Funds” tab and mouse click on “Withdraw”. (DGX) Digix Gold can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Digix Gold (DGX) by using the provided drop-down box. Put into the amount of (DGX) Digix Gold you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.