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DigiByte is an open-source blockchain project developed in 2013. Although the Digibyte Coin was developed in 2013, it was launched into the market in early 2014 by its developer and founder Jared Tate. DigiByte coin was one of the projects with a very bright future and experienced an incredible price explosion in 2020 after a 7-year wait. The highest value seen in the DGB/BTC trading pair naturally attracted many to this cryptocurrency project.
This led to many questions on social media platforms like “What is DGB, how much is Digibyte in Turkish Lira, and what needs to be done to buy DigiByte?” So, what is DGB and are the Digibyte comments as positive as they seem?
What is Digibyte Coin?
The DigiByte Coin network consists of three different layers known as smart contracts, decentralized applications (DApps), and customizable tokens. The middle layer is positioned as a public blockchain network where Digiyte-based coins are located. The third and the first layer host decentralized smart contracts. In addition, the client software is also located in this layer, giving life to DigiByte Coin.
The future of DigiByte coin was expressed to be quite bright, especially because of its smart contract and decentralization-focused infrastructure, and it happened as predicted. DGB, which broke the price record during the bull run in the continuation of 2017, then signed significant developments in 2019 and 2020.
DGB Coin Comments
Looking at the Digibyte comments, especially the DigiAssets platform launched in May 2019 stands out. This platform, a scalable second layer based on the DigiByte blockchain network, took decentralization a step further.
Despite having a mining infrastructure, DigiByte was against pre-mining and allocating shares to the founders like some projects do. Additionally, the project, which did not allocate any special token share to the founders, actually faced many problems because of this.
The project, which won the Binance vote and earned the right to be listed, became a topic of discussion on social media due to the demand for money from the founder and Tate’s reluctance to pay this money. However, now it seems that Digibyte has entered Binance and is obtaining most of its liquidity from this exchange.
In addition to the DGB/BTC trading pair, the DGB/USDT trading pair is also being used. The answer to the question of how much Digibyte is in Turkish Lira is currently 0.165 TL. So, what needs to be done to buy Digibyte?
Buying Digibyte
Digibyte can be easily and securely purchased on Binance. To buy DGB from the Binance exchange, simply follow the few steps below:
- To buy DGB, you first need to deposit USD balance to the exchange or buy a cryptocurrency that can be used instead. To do this, first go to the main page of Binance, click on the “Buy Crypto” option in the upper left corner, and then click on the “Credit/Bank Card” tab.
- In the tab that opens, select how much USD you want to trade with, and mark Tether, that is USDT, in the Coin section.
- After buying USDT, preview the “Buy-Sell” option in the upper left again and click on the “Classic” tab.
- In the section that opens, select the USDT tab from the top right, type DGB in the search button and select the DGB/USDT pair that opens below.
- Then come to the “BUY DGB” tab in the middle, enter the amount you want to buy.
- Enter the amount you want and complete the DGB buying process by confirming the transaction.
