How To Buy DigiByte Coin On StealthEX
If you are looking for where to buy DigiByte (DGB), we will show you how to buy DigiByte coin for another cryptocurrency using the StealthEX exchange platform. StealthEX is a convenient and user-friendly cryptocurrency exchange.
What Is DigiByte Coin?
DigiByte (DGB) is a decentralized, open-source cryptocurrency developed as an alternative to Bitcoin, with the goal of solving the main shortcomings of the first digital token.
DigiByte is a fast-growing global blockchain focused on the cybersecurity of decentralized applications and digital payments. The focus was on the most secure and reliable way to store data, decentralization and transaction speed.
DigiByte uses five different independent algorithms to ensure transaction processing within the network, which contributes to increased decentralization of the currency. Moreover, the DGB coin is the first altcoin with the SegWit technology.
The DigiByte Crypto Platform Pros
- Minimal volatility compared to other digital currencies. The creators of the token released 21 billion coins to minimize the possibility of exchange rate fluctuations of the asset, which should help it become a full-fledged payment method.
- Improvements in the program code of the blockchain algorithm made it possible to achieve an increase in the speed of processing and conducting financial transactions within the network.
- The minimum amount of commission, and sometimes, its complete absence.
- Users can get DGB crypto by several different algorithms, such as Scrypt, Qubit, Groestl, Sha-256, and Skein.
- The use of reliable encryption technology, as well as the absence of the need for registration to carry out financial transactions using DGB.
Where To Buy DigiByte Coin?
The DGB price remained unchanged till March 2020. Since then, it started growing. To know recent DigiByte news and exchange this coin, you can use StealthEX. You can select from more than 300 tokens and don’t have to wait much for the transaction.
How To Buy DigiByte Coin?
First, you should choose Ethereum in the left drop-down list. Then choose DigiByte in the right list of coins.
After setting the pair it is necessary to enter the amount of ETH you want to exchange.
Here you will see the estimated amount of DigiByte coin that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
As the second step, you need to provide the DigiByte coin recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
At first, you will see the address where you need to send your ETH coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending Ethereum to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
- The first status is Awaiting deposit.
- The following status is Confirming. This means that StealthEX is confirming the transaction you made.
- The next status is Exchanging. During this time the exchange is being made.
- Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your DGB coin.
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive DigiByte crypto to the address provided. To be sure that DGB coin was sent to your wallet you can also use the Output hash shown on this page and check it in the DigiByte blockchain list of transactions.
From here you can either create a new exchange on StealthEX.io or leave the page and check your DigiByte wallet to be surprised at how fast you got DGB crypto. Usually, the process is quite rapid so you won’t need to wait long.
If you have remaining questions about the StealthEX exchange service you can go to our FAQ section and find all the necessary information there.
We are always ready to give you support if you have any issues with exchanging coins. Our team does our best to protect all members and answer their questions. For all requests message us via [email protected]
You are more than welcome to visit StealthEX exchange and see how fast and convenient it is.
January 12, 2021