How to Buy DigitalBits (XDB) in Anguilla

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

Step 1 – Signup to Coinmama

You'll first need to buy units of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Exchange

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

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate DigitalBits (XDB)

Once your deposit has been affirmed, you will instantly have access to your assets and you can begin invest and trading. To invest in DigitalBits (XDB) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To locate DigitalBits (XDB), you'll need to insert the shortname of the coin (XDB) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “XDB/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} DigitalBits (XDB)
Step 4 – Buy DigitalBits (XDB)

After you have discovered DigitalBits (XDB), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be filled with the most latest valuation DigitalBits (XDB) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of XDB you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of XDB.

If you are glad, click on “Buy XDB”. Your plan will be filled as soon as a Seller sells their XDB for the price you offered.

Step 5 – Withdraw DigitalBits (XDB)

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

Find DigitalBits (XDB) by using the given drop-down box. Put into the amount of DigitalBits (XDB) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.

Congrats! You have successfully purchased and stored DigitalBits (XDB) in Anguilla.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the DigitalBits (XDB) is safe within your wallet, you're done.

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