DigiByte is an easily scalable cryptocurrency that was launched in 2014 by Jared Tate. DGB uses a decentralized blockchain, which makes it perfect for protecting objects of value, such as currency, information, or sensitive digital data.
The developers took the source code of the blockchain as a basis for creating the DGB with the aim of improving it. In particular, they equipped it with 5 mining algorithms (Groestl, Skein, Scrypt, Qubit, Sha256), thereby increasing the efficiency and functionality of the token.
Also, the developers did not sell ready-made coins. So, all DGB tokens were obtained through mining.
Where can you get a DGB coin?
- receive as a reward in various games;
Also, the process of investing can be more reasonable and effective if you consider converting your DGB to established cryptocurrencies like BTC. Many banking groups see bitcoin as a technology investment free of any jurisdiction. “Because there’s a fixed number of bitcoins, it’s inflation-proof and virtually instantaneous,”— said the founder of EFE Ric Edelman.
Using the platform for converting cryptocurrencies, you can exchange your assets with minimal losses on convenient terms. Both of these coins have high liquidity, which allows you to swap them at any time. DGB to BTC exchange with Godex.io will surely meet all your trading needs.
Cryptocurrency Conversion Principles
If you are looking for a way to make a profit through investing, converting the 2 cryptocurrencies can be a great option. Moreover, thanks to modern services, newbies do not need to be well versed in current trends to trade crypto. Just a few clicks — and the funds are in your wallet.
This is how you can make a crypto exchange on Godex:
- Enter the amount of DGB you want to swap.
- The platform calculator shows how many BTC you will receive in a matter of seconds.
- Click on the “Exchange” button.
- Provide your wallet address and make a deal.
You will also see the Conversion Table, which shows the prices and the history of price changes.
Advantages of DGB to BTC Investing
Let’s get deeper into the advantages of exchanging DGB for BTC:
- Anonymous transactions. Godex protects your personal data — when exchanging cryptocurrency, you do not need to enter any personal information.
- Protection and safety. Thanks to the latest technologies, you may not worry about the safety of your funds.
- Transparency of processes. No hidden fees while making a transaction on the platform.
- Ease of use. In a couple of clicks, you can complete the transaction.
- The most profitable rates. The system constantly monitors the market for the best deals.
How to Choose the Best Crypto Exchange
Most traders or investors use the services of electronic exchanges. But how to choose the one that guarantees the most pleasant experience?
Here is a list of requirements to look for:
- Large selection of assets;
- The most favorable conditions;
- If you want to exchange crypto anonymously, you should search for DEX platforms. They don’t require you to provide personal data;
- Straightforward transaction process;
- Speed of transactions.
There are several cryptocurrency exchange platforms that are worthy of your attention: Godex, Coinbase, and Binance.
The cryptocurrency market is like a game of luck: some take everything, others go empty-handed. In order not to fail, take trading seriously and use tried and tested services with fair rates and transparent procedures.
Considering the fact that DGB and BTC are among the fastest-growing tokens, this can be a great opportunity to make a profit by exchanging them. So, don’t hesitate and use this guide to make the most out of your portfolio.