Digibyte is a Proof of Work cryptocurrency based on a multi-algorithm system that allows users to mine it through five different algorithms. DGB has recently grown in value to reach the top 15 most valuable coins by market cap (At the time of writing). DGB has recently moved to activate SegWit and has been able to amass popularity among gamers.
Today, we’re going to tech you how to buy DGB with Bitcoin. If you don’t have BTC and don’t know how to buy it, click here to learn how.
Part 1 - Create an account with Poloniex
Step 1: Click here to go to Poloniex
Step 2: Click “Create your account” to singup
Step 3: Enter your personal details
Step 4: Solve the captcha
Step 5: Agree to the Terms and Conditions
Step 6: Click “Create account”
Step 7: You’ll be sent a confirmation email. Click the link within to confirm your account
Step 8: Enter your username and password
Step 9: Solve the captcha
Step 10: Click “Sign in”
Part 2 - Deposit Bitcoin
Step 1: Once you’ve logged in, move your mover over “Balances”
Step 2: A submenu will appear, click “Deposits and Withdrawals"
Step 3: Search for Bitcoin
Step 4: Click “Deposit”
Step 5: Send the amount of BTC you want to spend to the address shown
Part 3 - Buy Digiby
Step 1: Once your BTC deposit arrives, click “Exchange”
Step 2: Then, on the BTC markets, choose DGB. You can use the search bar if you have trouble finding it
Step 3: Below the chart, on the left side, enter the price you want to buy DGB for
You can click “Lowest ask” (1) or “Highest Bid” (2) to enter the price accordingly
You can also check the order book below
Step 4: Once you’ve entered the price, enter the amount of DGB you want to buy
Step 5: Click “Buy”
You can check your open orders by clicking “Orders” on the top menu
Once you're done. You can store DGB in one of the wallets available. Click here to learn how to use the Digibyte core wallet.
If you want to mine Digibyte, click here to learn how to.