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How to buy DigiByte (DGB) in the UK

Learn how to buy DigiByte (DGB) in our step-by-step guide.

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Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

DigiByte (DGB) is in the top 1,000 cryptocurrencies by market cap, valued at US$106,066,347.

DigiByte is a highly volatile asset capable of major price swings in a single day. Today DGB is trading for $0.00641823 USD, which is lower than yesterday's trading price of $0.0064519038 USD. Over the past year, DigiByte's price has seen a decrease of -30%.

So before you buy DigiByte, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy DigiByte.

How to buy DigiByte in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy DigiByte is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy DigiByte
    You can now exchange your funds for DigiByte. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your DigiByte to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy DigiByte in the UK

Find an exchange to buy, sell and trade DGB by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
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Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
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Uphold - Digital Asset Platform
Bank transfer (ACH), Debit card, Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

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How we keep this DigiByte guide up-to-date

  • DGB price data is regularly updated through data feeds so you always have the latest information.
  • DigiByte performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy DigiByte?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy DigiByte?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading DigiByte.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing DGB with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy DigiByte?

The easiest way to buy DGB is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying DGB, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of DigiByte has been performing recently.

Best DigiByte wallets to store your DGB

You can keep your DGB on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your DGB below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,456+

Price (USD)

$149

Price (USD)

$219

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is DigiByte a good investment?

Cryptocurrencies are highly speculative assets, so it is important to perform due diligence before investing. If you’re thinking of buying DGB, remember to consider the following:

  • Competition. DigiByte is derived from Bitcoin and aims to achieve a very similar goal – blockchain-based secure payments. Although DigiByte intends to improve on the flaws of Bitcoin's blockchain, they still exist in the same market space, along with many other currency-focussed blockchains. Considering the market and social power of Bitcoin, DigiByte may struggle with adoption due to its tough competition.
  • 5 mining algorithms. Having five separate mining algorithms could be helpful for DigiByte miners and might offer some extra security against outside attacks. A key feature of this mining setup is to prevent application-specific integrated circuits (essentially crypto mining machines) from hoarding too much power.
  • DigiAssets. DigiByte began as a predominantly payments-oriented network, but it has since expanded into decentralised applications. DigiAssets is a layer that exists atop the Digibyte blockchain which is responsible for hosting applications and executing smart contracts.

Today's DigiByte price versus ATH

Compare today's price of DigiByte ($0.00641823 USD) against its all-time-high price of $0.178084 USD on 01 May 2021. The closer the bar is to 100%, the closer DGB is to reaching its ATH again.

DigiByte's price: $0.00641823
ATH date: May 01, 2021
3.60%

DigiByte ATH: $0.178084


How to trade, convert or sell DigiByte

You can convert or sell your DGB with the same exchange you bought it through:
  1. Sign in to the exchange you have DGB on.
  2. If you store your DigiByte in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of DGB you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of DigiByte.
  6. Complete your transaction and move your DGB to a wallet for storage.
  1. Digibytewiki
  2. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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