Byteball BytesHow & Where to Buy Byteball Bytes A Step-by-Step Guide to Buying GBYTE
Congratulations! You can buy Byteball Bytes directly with cash at CoinSwitch.
- Sign up at our one of our top-ranked Byteball Bytes exchanges.
- Fund your new account with cash or crypto.
- Buy
GBYTE
Read on for detailed instructions below on where and how to buy Byteball Bytes and you will be a GBYTE owner in no time at all.
- STEP 1Register at a GBYTE Exchange
Best Byteball Bytes (GBYTE) Exchanges
Ease of useTime to 1st Buy24h Volume$Coins361This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.
After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.
This is completely normal and all exchanges we list on this page have security in place to protect your personal info.
- STEP 2Fund Your Account
It is now time to add funds to your newly created exchange account. This will allow you to purchase Byteball Bytes
GBYTE quickly.Upon signing up at the exchange, you should be shown easy to follow instructions to buy GBYTE with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for GBYTE.
Frequently Asked Questions About Buying & Selling Byteball Bytes (GBYTE)
How do I Buy GBYTE with Crypto?
If you want to buy GBYTE with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.
You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.
You will then copy that address and paste it into the wallet holding your cryptocurrency and send.
Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.
How do I sell Byteball Bytes (GBYTE)?
To sell GBYTE, simply reverse the buying process described above. You will likely need to trade your GBYTE into a USD coin like 
USDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.
What is Byteball
Byteball (sym. GBYTE) is a peer to peer, anonymous, decentralised smart payment system which utilises blockchain technology and has its own native currency called byte.
History of Byteball
The network was launched on Dec 25, 2016 when the first coin distribution took place as well. 10% of the total supply of Byteball were distributed and over 70,000 BTC were received by the company during the offer period.
In 8 more rounds of selling in 2017 (one in every month), the company sold 48.4% more coins.
How Byteball Works
The currency and the transaction of Byteball work just like a traditional cryptocurrency like Bitcoin or Ethereum where users can initiate a payment by mentioning the wallet address of the receiver and the amount to be transferred.
However, Byteball offers conditional payment where the users can set up a condition and the receiver will receive the fund upon meeting the condition. As it is a conditional payment, it can be extended to future-based events as well, like the outcome of a game or even insurance (where the risk covered might or might not come true).
Everything is managed in a P2P environment and the network only deducts the transaction charges.
Why Byteball
- Conditional Payment: traditional currencies and even many cryptocurrencies lack this feature where the user can release the fund only when he is satisfied or the seller/receiver meets a certain condition.
- Integrated Chat: People can request for payment and send payments using the built-in instant messaging system. It’s almost like sending a text message to a contact.
- Prediction Market: Utilising conditional payments, it’s easy to bet on the future outcome of an event. The outcome of a baseball game, for example, can be the event and two parties can set up conditional payment depending on the outcome.
- P2P Insurance: People can instantly sell and buy insurance from the decentralised market and cover particular risks. A flight arriving late can be insured and the data can be validated from the airline’s server.
- Bot Store: There are hundreds of pre-built bots who can help the users in transacting with other users or create smart contracts for the user. These bots can also help in validating the outcome of an event, completely removing any human intervention.
- Anonymous Transaction: Byteball utilises multi-switch routing protocol (like TOR) which makes the transactions completely anonymous. It gives total privacy to the users, one of the pillars of cryptocurrency.
- Shared Funds: Companies and organisations can utilise Byteball even if they have multi-level clearance in place. The funds can be set to operate with multiple signatures and then, the transactions will only happen when all the parties input their keys.