Buy GoByte with Credit and Debit Card
The best method of buying GoByte with credit and debit cards is by buying Bitcoin or Ethereum on an exchange such as Coinbase and then converting the purchased crypto into GoByte on an exchange such as Cryptopia or Bittrex.
Buy GoByte with Bank Transfer
Just like credit and debit cards, the easiest method of obtaining GoByte with a bank transfer or wire is by buying Bitcoin or Ethereum on a fiat to crypto exchange such as Coinbase, and converting the purchased cryptocurrency into GoByte, on an exchange such as Cryptopia. All will be explained below, with clear pictures and steps!
Step 1: Aquire Bitcoin or Ethereum
There are several exchanges to buy Bitcoin and Ethereum on.
The reason we have to purchase this way is because most cryptocurrencies are only traded on Bitcoin and Ethereum pairs. This will be further explained in step 2.
Coinbase is a very beginner friendly US based exchange, that sells cryptocurrency to most countries and all US states. Expect a 1.49% fee on bank transfer purchases, and a 3.99% fee for credit and debit purchases.
Coinmama is another option that focuses on credit and debit card purchases. Coinmama is great because they have higher debit and credit card purchasing limits than Coinbase, as well as instant delivery. Coinmama’s fees are around 5.5%.
Bitpanda is an exchange that also focuses on credit and debit card purchases. Their fees are between 3%-4%, and only sells Bitcoin and Ethereum to European countries.
How to Buy Cryptocurrency on Coinbase
If you signup to Coinbase through this link, you will recieve an extra $10 worth of Bitcoin on your first $100+ order.
After creating your Coinbase account, you will want to add a payment method. If you are trying to get the most bang out of your buck, I would reccomend using a bank transfer. If time is a concern, maybe go with credit or debit card, as there is instant delivery!
Click the Buy/Sell tab at the top/middle of your screen. From this page, you can easily purchase Bitcoin, Litecoin, and Ethereum.
After hitting Confirm Buy, we are ready to go to the next step!
How to Buy Cryptocurrency on Coinmama
After your account is verified, you can go to the navigation bar and purchase Bitcoin or Ethereum, using USD or EUR.
Send the purchased cryptocurrency to the address of the exchange you decide to use in the next step.
Step 2: Moving Bitcoin or Ethereum to Cryptopia
After aquiring Bitcoin/Ethereum, you will need to move it to the cryptocurrency exchange Cryptopia.
Most cryptocurrency exchanges only allow cryptocurrency to be purchased with Bitcoin or Ethereum. That is why we need to convert our money to cryptocurrency, and then send the purchased cryptocurrency to an exchange where our coin is sold.
In order to send your Bitcoin or Ethereum to Cryptopia, you will need locate your Cryptopia deposit address.
This can be found on Cryptopia by mousing over the Bitcoin icon next to your account name, and clicking deposit.
Locate Bitcoin or Ethereum, depending on what you purchased by typing in the first few letters of the currency in the search bar and then press next.
Now that we have our deposit address, we will need to send it from Coinbase.
Click the send tab as seen below, and enter it into the recipient box. Click confirm and wait for your currency to arrive to Cryptopia!
Step 3: Buy some GoByte!
After your cryptocurrency arrives, you will have a balance to purchase GoByte with.
Once on the page, you will see a price chart, menus for buying and selling the currency, as well as the order book.
The price chart, shows historical data about past GoByte prices, while the order book displays the current orders for buying and selling the currency. In the Buy DGB box, enter the amount of GoByte you want to buy, and for how much you would like to buy each one for.
If you want your order to go through immediately, you can enter your price as the highest sell order. If you would like to get the most bang out of your buck, set it as the highest Buy Order, and wait for your order to be filled by someone selling!
Congrats, you now own GoByte. Look below for our guide on how to store it!
Buy GoByte with PayPal
Due to Paypal’s chargeback feature, buying GoByte with Paypal takes a few extra steps. The exchange VirWoX allows you to convert paypal balance into Bitcoin. Read our tutorial on this conversion. Once you have obtained Bitcoin, you can send it to Cryptopia just like the above example!
Can I Buy GoByte on Coinbase?
At the time of this writing, Coinbase does not sell GoByte. If you are interested in buying GoByte, just follow the above steps!