How to Buy Digital Money Bits (DMB) in Anguilla

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

Step 1 – Signup to Coinmama

You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive your Ethereum or Bitcoin.

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Digital Money Bits (DMB) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find {Digital Money Bits (DMB)|(DMB) Digital Money Bits}

As soon as your deposit has been approved, you'll directly have access to your assets and you can start purchasing and trading. To buy {Digital Money Bits (DMB)|(DMB) Digital Money Bits} on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find {Digital Money Bits (DMB)|(DMB) Digital Money Bits}, you'll need to insert the shortname of the coin (DMB) into the search box, which is highlighted in the image. Make sure you have selected the right grouping, we have highlighted this too. Click on “DMB/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Digital Money Bits (DMB)
Step 4 – Buy {Digital Money Bits (DMB)|(DMB) Digital Money Bits}

Once you've discovered {Digital Money Bits (DMB)|(DMB) Digital Money Bits}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The ”Price” field will be filled automatically with the recent price {Digital Money Bits (DMB)|(DMB) Digital Money Bits} was sold for. You can change this to your desired price. The ”Amount” field is the amount of DMB you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of DMB.

When you're happy, make a mouse click on “Buy DMB”. Your order will be filled as soon as a Seller trades their DMB for the price you gave.

Step 5 – Withdraw {Digital Money Bits (DMB)|(DMB) Digital Money Bits}

Unless you are trading, best advise is not to keep crypto coins on an Exchange for an extended time period. To take off your {Digital Money Bits (DMB)|(DMB) Digital Money Bits}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Digital Money Bits (DMB)|(DMB) Digital Money Bits} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Digital Money Bits (DMB)|(DMB) Digital Money Bits} by using the given drop-down box. Put into the volumen of {Digital Money Bits (DMB)|(DMB) Digital Money Bits} you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click “Submit”. You may be asked for verfication via phone/email before a take off.

Kudos! You have successfully purchased and stored Digital Money Bits (DMB) in Anguilla.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Digital Money Bits (DMB)|(DMB) Digital Money Bits} is safe in your wallet, you're finished.

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