How to Buy Obyte (GBYTE) in Armenia

A Step-by-Step-Guide on how to buy Obyte (GBYTE) in Armenia

Step 1 – Join Coinmama

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and getting your ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Obyte (GBYTE) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate {Obyte (GBYTE)|(GBYTE) Obyte}

Once your deposit has been approved, you'll immediately have access to your funds and you can launch buying and trading. To buy {Obyte (GBYTE)|(GBYTE) Obyte} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to discover {Obyte (GBYTE)|(GBYTE) Obyte}, you'll need to put the short name of the asset (GBYTE) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we've highlighted this also. Click on “GBYTE/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Obyte (GBYTE)
Step 4 – Purchase {Obyte (GBYTE)|(GBYTE) Obyte}

Once you've spotted {Obyte (GBYTE)|(GBYTE) Obyte}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest valuation {Obyte (GBYTE)|(GBYTE) Obyte} was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of GBYTE you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole volumen of GBYTE.

When you're satisfied, make a mouse click on “Buy GBYTE”. Your plan will be filled as soon as a Seller trades their GBYTE for the price you introduced.

Step 5 – Withdraw {Obyte (GBYTE)|(GBYTE) Obyte}

Unless you're frequently trading, never keep your crypto coins on an Exchange for an extended time period. In order to take off your {Obyte (GBYTE)|(GBYTE) Obyte}, hover over the tab called “Funds” and click on “Withdraw”. {Obyte (GBYTE)|(GBYTE) Obyte} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Obyte (GBYTE)|(GBYTE) Obyte} by using the provided drop-down box. Enter the volumen of {Obyte (GBYTE)|(GBYTE) Obyte} you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're glad, click on “Submit”. You may be asked for phone/email verification before a withdrawal.

Congrats! You've successfully bought and stored Obyte (GBYTE) in Armenia.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the {Obyte (GBYTE)|(GBYTE) Obyte} is stored within your wallet, you're finished.

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