Since it was created, Digibyte aimed to become one of the safest, fastest, longest, and most decentralized UTXO blockchain in existence. Although DigiByte is more than a faster digital currency. The blockchain can be used for digital assets, smart contracts, dApps (Decentralized Applications), and secure authentication. If you want to learn more about DigiByte head to our post, “What is DigiByte?”.

This post will go through the different ways you can buy DigiByte and places you can buy them. Let’s go ahead and start. Here are the steps you have to take to buy DGB:

  1. Get a DigiByte wallet or a wallet that supports it.
  2. Access an exchange and buy DGB. The way that exchanges work varies from each one, be sure to follow instructions or contact support.
  3. Withdraw your DigiByte. Once you’ve bought them, withdraw them and transfer them to your preferred wallet. 

Step 1: Get a DigiByte wallet

First of all, to buy DigiByte, you’ll need a place to store them securely; in other words, you’ll need a wallet. There are many types of wallets, and you must choose the one that suits you the best. Luckily for you, we have a post that talks about DigiByte wallets.

Step 2: Access an exchange

Buying cryptocurrencies has never been easier; it is virtually accessible for anyone in the world to buy them (except, of course, places where it is banned). As cryptocurrencies as DigiByte become increasingly more popular, the number of exchanges that support DigiByte becomes bigger. We’ll go through some of the most popular and widely used to exchanges:

Bittrex

Bittrex is a global cryptocurrency exchange based in the US, has one of the most secure trading platforms and digital holding infrastructures in the world. The exchange provides a trading platform for more than 243 cryptocurrencies. For some time now, Bittrex had become increasingly popular considered amongst the biggest cryptocurrency exchanges in the world. That was until various users started to report suspensions, closures, and outright bans on the platform with little to no support from Bittrex on the subject. 

Bittrex emphasizes being one of the most secure and reliable exchanges. That appears much clearer with the technologies they. They leverage an elastic, multi-stage holding strategy to ensure that the majority of funds are kept in cold storage for additional safety. Bittrex also enables two-factor authentication for all users and provides a host of other security features to provide multiple layers of protection.

Like any other exchange, you’ll need to create an account to use the platform. A certain degree of verification is required for users to trade, buy more substantial amounts of cryptocurrencies. 

Buy DGB with Bittrex

OKEx

Founded in 2017, OKEx is a world-leading cryptocurrency exchange based in Malta, providing advanced financial services to traders globally by using blockchain technology. OKEx provides hundreds of token & futures trading pairs to help traders to optimize their strategy. They are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. In May 2018, they became one of the world’s largest cryptocurrency exchanges by reported turnover. 

OKEx puts security as one of their top priorities. OKEx provides a safe, reliable, and stable environment for digital assets trading via a web interface and mobile app by adopting GSLB, distributed server clusters, and many more advanced technologies.

Like any other exchange, you’ll need to create an account to use the platform. A certain degree of verification is required for users to trade, buy more substantial amounts of cryptocurrencies. 

Buy DGB with OKEx

DigiFinex

Founded in 2017, DigiFinex is a world’s leading digital assets trading platform that offers trading services for over 300 cryptocurrencies, with a focus on DigiByte, Bitcoin, Ethereum, and more. DigiFinex provides more than a 100 cryptocurrency trading pairs. Digifinex offers free depositing while withdrawal fees depend on each cryptocurrency.

DigiFinex is committed to providing a safe, secure, and convenient trading experience for all blockchain users. The exchange uses a scalable HDM wallet for asset protection. These wallets generate the recipient address through the application of a single cold wallet and multi-layered hot wallet.

Like any other exchange, you’ll need to create an account to use the platform. A certain degree of verification is required for users to trade, buy more substantial amounts of cryptocurrencies. 

Buy DGB with DigiFinex

Step 3: Withdraw your coins from the exchange

Once you’ve chosen your preferred exchange that suits you best, open an account on the exchange and buy the DigiByte. Once you’ve bought them, make sure to withdraw the DigiByte from the exchange to your DigiByte wallet. 

Please remember never to leave coins in an exchange, as you risk losing them all if a specific exchange gets shut down or hacked (which happened in the past, Mt. Gox, ahem). 

Once you’ve completed these three simple steps, you are all set, congratulations and welcome to the future!