Buy DigiByte (DGB) in India at ₹0.5024

Live DGB/INR Price

₹0.5024

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Reasons to Buy DigiByte (DGB)

• It has a market cap of more than $1 billion.

• Mining DGB is easier and safer.

• It can process up to 560 transactions per second.

• It provides more security and censorship than other cryptocurrencies.

• It has a maximum supply of 21 billion DGB.

What is DigiByte (DGB)?

Digibyte is an open-source, decentralized blockchain network launched in January 2014. It is a volunteer-based project and has no CEO to handle it.

It was launched with the aim of outcasting the crypto giants in the market like Ripple in terms of security, speed, and scalability. The network can be split into three layers viz Application Layer,  Consensus Layer, and Network Layer aiding it to accomplish its ambitious purpose. Not only is Digibyte a faster crypto, but it can be used for smart contracts, digital assets, and decentralized applications. The platform was launched as Bitcoin’s fork and has never been funded through an ICO(Initial Coin Offering).

Digibyte has its official utility token as DGB which is used as a way of granting purposes.

Things to consider before buying DigiByte (DGB)

• Digibyte is an open-source platform, so anyone can see through its code.

• The platform is built on five cryptographic algorithms that provide more security.

• Digibyte has a solid panel of great minds, including the founder, the co-founders, and the developers.

Highlight

Not only is Digibyte a faster cryptocurrency, but it can be used for smart contracts, digital assets, and decentralized applications.

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Price Statistics

DGB Price Today

DGB Price

₹0.5024

Price Change 24h

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0%

Price Change 7d

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7.24%

Market Rank

#246

Market Cap

₹952 Cr.

Trade Vol 24h

23 Cr

Circulating Supply

1,806 Cr. DGB

Trading Activity

77% Buy23% Sell

FAQ's

1. How Can I Buy Digibyte In India?

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CoinSwitch App is the simplest way to buy Digibyte in India. Sign up now and start investing with ₹100

2. Can I Buy Digibyte Directly?

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Peer-to-peer (P2P) trading is one of the ways to buy Digibyte. However, it could also be bought through the decentralized exchange(DEX) or from someone who holds Digibyte. However, this way is not recommended unless you are a pro trader. The reason for this is the concept of DEX, which is quite complicated to understand, and also, it is a worrisome task to find a trustworthy seller who can provide you with DGB.

If you are new to the field of crypto, you might want to take the easier route and Download the CoinSwitch App!

3. How to Buy Digibyte Stock?

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You can buy Digibyte in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, then select Digibyte.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Digibyte for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Digibyte!

4. What Price To Buy Digibyte?

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As most cryptos are still developing and are in an evolving stage, no one can tell you the definite price to buy them. This could lead to an increase in the value of Digibyte. You would be left with nothing but regret for not buying it earlier.

You can start investing in small amounts for as low as ₹100 periodically. This would balance your risk and opportunity.

5. What Time To Buy Digibyte?

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There is no particular time to buy cryptos. If you are someone waiting for the prices to get undervalued, friend, you might have been missing out on greater profits already.

You can start investing but periodically in small amounts. A better strategy would be to invest when there would be expected dips in the price, which would help you build a good portfolio.

6. What Platform To Buy Digibyte?

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A variety of platforms over the Internet makes Digibyte available for you. The only thing that matters here is your experience. Some would make your purchase a one-step go, and some would be hectic for you.

The market has many crypto applications, and some contain many technicalities that would make your experience horrible; however, CoinSwitch allows you to buy cryptos easily and remove all the hassles.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.