How to buy DigiByte in 4 easy steps
DigiByte (DGB) is an open-source blockchain cryptocurrency platform similar to Bitcoin. Jared Tate, also known as “DigiMan,” created DigiByte in 2014. It is one of the oldest mineable cryptocurrencies in the crypto space. DigiByte is based on Proof-of-Work (PoW) consensus and a combination of five algorithms.
It helps the network tackle the scalability, security, and speed problems that have been associated with Bitcoin over the years.
The DigiByte network has positioned itself as a global payment network that can be used for everyday transactions. The network allows users to build decentralized apps, digital assets, and secure authentication systems.
Want to buy DigiByte token? Read this guide on how to buy DigiByte, and find out the steps to purchase a DGB token.
Our step-by-step guide on how to buy DigiByte (DGB)
Step 1: Choose A Crypto Exchange That Supports Verge
To own DigiByte (DGB) coins, you must choose a crypto exchange that lists DGB coins. You can buy DigiByte (DGB) directly with USD on exchanges like Bitfinex, Bittrex, or Crypto.com Exchange. Moreover, DigiByte (DGB) is listed on Binance, KuCoin OKX, CoinEx, and ByBit with a pair of USDT or BTC. It would help if you chose a reputed, secure, and convenient exchange. Ensure that the CEX you select supports your feasible payment option and has a low trading fee.
Step 2 - Register on The Crypto Exchange.
After selecting a crypto exchange, you must register to buy DigiByte. For registration and profile building, provide basic personal information, such as your name, email address, phone number, and permanent address. Then comes the verification process (KYC). According to your location, the exchange will ask you for valid ID proof. After submitting all the information, your account will be active in a few hours or 1-2 business days.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Once your exchange account is activated, you can buy Digibyte by depositing funds. Most exchanges provide deposit methods, including peer-to-peer (P2P) platforms, credit or debit cards, bank transfers, or third-party payment services. You can choose your preferred payment method and directly purchase DGB in USD on Bitfinex, Bittrex, and the Crypto.com Exchange. Alternatively, you can buy USDT (Tether) and exchange it for DGB coins under the spot pairs on Binance, KuCoin, OKX, CoinEx, and ByBit.
Step 4: Store the Cryptocurrency in a Wallet
Now that you have bought DGB coins successfully, you can transfer them to your wallet to keep them secure. Navigate to the “withdraw option in your exchange wallet and click withdraw DGB. Select crypto transfer and provide information like the receiver wallet’s address and the transfer network. Check the fee details and click “Withdraw”. Some wallets that you can use to transfer and store your DGB coins are
- DigiByte Wallet
- Exodus
- Ledger
- Atomic Wallet
Also read: Digibyte price prediction
Popular Video Guides on Buying DigiByte
Where to buy DigiByte
Also read: DigiByte Prices Live
1. KuCoin
Officially launched in 2017, KuCoin is a cryptocurrency exchange headquartered in the Seychelles. It offers over 700 cryptocurrencies for users to buy, sell, and trade. The platform features its native token, KuCoin Shares (KCS), which allows users to benefit from reduced trading fees. The exchange has built its user base through its user-friendly interface, advanced trading tools, and high liquidity, providing a seamless trading experience.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2017 |
| Deposit Methods | Credit/Debit Cards by Visa and Mastercards, Wire Transfer, and Paypal |
| Deposit Fees | None |
| Cryptos Listed | 700+ |
| Trading Fees | 0.005%-0.1%, depending on your tier level |
| Fiat Currencies Supported | 28 Including USD, EUR, GBP, CAD |
| Trustworthiness | Safe and reliable |
2. Bittrex
Bittrex is a reputable cryptocurrency exchange launched by three cybersecurity engineers in 2014. The platform has a wide range of digital assets for trading, including major cryptocurrencies like Bitcoin, Ethereum, Litecoin, and many altcoins. It offers a user-friendly interface and advanced trading tools, making it suitable for beginners and experienced traders. The provided features include cold storage, margin trading, and API integration.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2014 |
| Deposit Methods | Wire transfer, Visa/Mastercard debit card, or ACH |
| Deposit Fees | No Charges |
| Cryptos Listed | 400+ |
| Trading Fees | Maker Fee (0-0.75%) Taker Fee(0.05-0.75%) |
| Fiat Currencies Supported | EUR and USD |
| Trustworthiness | Safe and reliable |
3. Crypto.com Exchange
Launched in 2016, the Crypto.com exchange has quickly gained popularity as one of the largest exchanges in the crypto market. The platform offers trading features like spot trading, margin trading, and staking, allowing users to make and maximize their trading strategies. The exchange deploys advanced security measures such as multi-factor authentication and cold storage for funds.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2016 |
| Deposit Methods | Credit/debit cards, bank accounts, ACH, wire transfers, etc |
| Deposit Fees | No Charges |
| Cryptos Listed | 300+ |
| Trading Fees | Fee of 0-0.075% for the maker and 0.05%-0.075% for the taker |
| Fiat Currencies Supported | AUD, CAD, EUR, GBP, USD, BRL, TRY |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy DigiByte with a credit or debit card?
You can buy DigiByte on Bittrex, Bitfinnex, and the Crypto.com Exchange. These crypto exchanges have listed DGB for direct purchase with the fiat currency USD. Please note that these exchanges only accept Visa or Mastercard as their preferred mode of payment.
What will you need to buy DigiByte?
To buy Digibyte coins, you must have the following things :
- You need a verified crypto exchange account (ID Proof)
- Debit/Credit card
- And a Crypto wallet.
What is the easiest way to buy DigiByte?
The easiest way to buy Digibyte is to make an account with a crypto exchange that lists DGB, such as Binance, Kucoin, Bitfinex, Bittrex, and Crypto.com. Then, using your preferred payment mode, buy USDT and head to the spot trade section to buy DGB in exchange for USDT.
Best wallets to store your DigiByte (DGB)
To transfer and store your DGB coin, you must have a reputable and secure wallet.
Select a wallet based on its security standards, user interface, and reputation.
Some top wallets to store your DGB coins are:
- DigiByte Go
- Ledger
- Exodus wallet
- Atomic Wallet
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