A Step-by-Step-Guide on how to buy Obyte (GBYTE) in Anguilla
Step 1 – Join Coinmama You'll first need to buy one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Obyte (GBYTE) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Obyte (GBYTE) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can start invest and trading. To invest in Obyte (GBYTE) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Obyte (GBYTE), you'll need to insert the short name of the asset (GBYTE) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “GBYTE/BTC” to progress.
Step 4 – Buying Obyte (GBYTE) Once you have located Obyte (GBYTE), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The ”Price” field will be filled with the most recent valuation Obyte (GBYTE) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of GBYTE you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete volumen of GBYTE. When you're glad, make a mouse click on “Buy GBYTE”. Your order will be filled as soon as a Vendor sells their GBYTE for the price you introduced.
Step 5 – Withdraw Obyte (GBYTE) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive time frame. To take off your Obyte (GBYTE), hover over the tab called “Funds” and mouse click on “Withdraw”. Obyte (GBYTE) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Obyte (GBYTE) by using the given drop-down box. Enter the amount of Obyte (GBYTE) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.
Kudos! You've successfully purchased and stored Obyte (GBYTE) in Anguilla.That's it! Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Obyte (GBYTE) is stored in your wallet, you are done.
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