DigiByte is a public blockchain whose native coin is DGB. It uses a UTXO ledger and five proof-of-work mining algorithms. DGB is distinct from custom DigiAssets issued on the network and from DigiDollar, so buying DGB does not buy a dollar-pegged asset.
payments DigiByte
DigiByte
(DGB)
DigiByte is a public blockchain whose native coin is DGB. It uses a UTXO ledger and five proof-of-work mining algorithms. DGB is distinct from custom DigiAssets issued on the network and from DigiDollar, so buying DGB does not buy a dollar-pegged asset.
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What is DigiByte?
Answer sources checked
20 answers source-reviewed with Codex assistance. Reviewed . This review covers the answers, not exchange listings or the rest of the page.
How does DigiByte work?
DigiByte spends previously created transaction outputs and creates new outputs for recipients and change. Miners secure the chain using five algorithms, while full nodes independently check the rules. Its design is not an ERC-20 contract or a proof-of-stake account ledger.
Who created DigiByte?
Jared Tate founded DigiByte, whose blockchain launched on January 10, 2014. His developer profile identifies that founding role, while the Core repository records the launch and subsequent open-source development. Founding the project does not give one person control of users' private keys.
What is DigiByte used for?
DGB can be transferred as the chain's native currency and pays fees for DigiByte transactions, including DigiAsset activity. Digi-ID is a separate signature-based authentication system and does not require owning cryptocurrency. These documented functions do not guarantee merchant acceptance or demand for DGB.
Where can you buy DigiByte?
DGB availability must be checked on a platform's official market and deposit pages before using it. Confirm that withdrawals deliver native DigiByte DGB, rather than an unsupported representation. A download link for DigiByte Core is wallet software, not evidence of an exchange listing.
DigiByte exchange reference guides
Before you buy| Exchange | Observed pairs | Catalogue status | Checked (UTC) | Checklist |
|---|---|---|---|---|
| Binance | DGBBTC, DGBBUSD, DGBUSDTBinance.com global public spot catalogue; not Binance.US or regional/account access | Reported open | Check route | |
| OKX | DGB-EUR, DGB-USDC, DGB-USDTOKX public SPOT instruments joined to the first thirty-eight global ALL market pages plus three existing category pages. Only explicit SPOT rows with matching API trade ID and base symbol supply names; stocks, swaps and unknown products are excluded. Bounded identity coverage, not regional/account, funding, contract or withdrawal eligibility. | Reported open | Check route | |
| KuCoin | DGB-USDTKuCoin global public spot symbols and asset names, not account or withdrawal eligibility | Reported open | Check route | |
| Gate.io | DGB_USDTGate global normal spot currency-pair catalogue and embedded full names from api.gateio.ws; premarket excluded; not Gate.US/EU/Dubai, account, region or funding eligibility | Reported open | Check route | |
| Binance.US | DGBUSD, DGBUSD4, DGBUSDTBinance.US public spot exchangeInfo plus its own price-page JSON-LD full names and ticker identifiers; not Binance.com, One Click Buy, state, funding or account eligibility. | Reported open | Check route | |
| HTX | dgbbtc, dgbeth, dgbusdtHTX global public spot symbols plus complete currency full-name settings; explicitly tagged ETPs excluded; API status is not regional/account, retail, contract/network or funding eligibility | Reported open | Check route | |
| Upbit | BTC-DGB, USDT-DGBUpbit Korea public spot market list; not Singapore, Indonesia, Thailand or account eligibility | Listed; execution unknown | Check route |
How to buy DigiByte
Plan your purchaseHow much DigiByte?
How can you buy DigiByte safely?
Confirm the asset is DGB and that both the platform and receiving wallet support the native DigiByte network. Review the total quote and withdrawal restrictions, protect the account, and test a small withdrawal before a larger one. Do not send funds to a supposed support agent to activate a wallet.
Can you buy a fraction of DigiByte?
You can hold and transfer less than one DGB; the chain tracks divisible amounts rather than requiring whole coins. A platform may nevertheless set a larger minimum order or withdrawal. Check its actual precision and minimums instead of applying Bitcoin's unit names to DigiByte.
How much does it cost to buy DigiByte?
Buying DGB costs the order value plus any spread, trading and funding charges, with a separate possible withdrawal charge. A native on-chain transfer also consumes a DGB fee that depends on transaction size. Compare the DGB ultimately received, not just the advertised trading commission.
How much is one DigiByte worth?
Compare a recent DGB reference with the executable buy or sell quote. DigiByte documents a 21-billion supply ceiling, but that is not a price target or guarantee. Liquidity, spread and platform charges affect execution; do not treat another DigiByte ecosystem asset as the same market-priced coin.
Is DigiByte a good investment?
DGB can lose value despite its long-running network and finite issuance schedule. Relevant risks include mining security, software defects, liquidity and limited demand for DigiByte-based applications. DigiDollar-related claims should not be confused with a stable value for DGB itself. This is not financial advice.
Compare two order previews
Use DGB credited after buying fees and spread. Extra USD charges must exclude fees already included in the total. Enter 0 only when confirmed.
Which quote delivers more DGB?
Enter your order-preview numbers or use the labeled example. Unknown charges are never treated as zero.
DigiByte wallets & storage
How do you get a DigiByte wallet?
Use wallet software that explicitly supports native DigiByte DGB; DigiByte Core provides a full-node wallet. Obtain it through the project's official links and verify the release instructions. Back up the wallet's recovery material before funding it, and allow a full node to synchronize before relying on its balance.
How can you store DigiByte securely?
Keep control of DGB keys using a DigiByte-compatible wallet with protected offline backups, or understand the account risk if a custodian holds them. Full-node validation checks the chain but does not protect an exposed recovery secret. Confirm exact network support before relying on any hardware-wallet integration.
Sending & cashing out DigiByte
Match your networks
For DGB, copy the exact network names shown in your apps. This compares your entries, not a verified list of supported networks.
Enter both network names
Copy the exact network name shown for this asset in each app. No supported-network catalogue is assumed here.
How do you send DigiByte to another wallet?
Enter a recipient address generated for native DigiByte, choose the DGB amount, and inspect the wallet's DGB fee before signing. UTXO transactions can return change to your own wallet, so preserve its backup. An Ethereum address or similarly named token is not a compatible destination.
How long does a DigiByte transfer take?
A DGB transfer needs broadcast, block inclusion and whatever confirmation depth the recipient requires. DigiByte's short target block interval is not a guaranteed settlement deadline. Exchange withdrawals can also wait for internal processing, and an exchange may require several blocks before crediting the deposit.
How much does it cost to send DigiByte?
DigiByte transaction fees are paid in DGB and depend on transaction size, not simply the amount sent. Spending many UTXOs can make a transaction larger than a simple payment. Use the wallet's current estimate; a platform's withdrawal charge can differ from the network fee.
Can you cash out DigiByte for real money?
You can convert DGB to bank money only through a service currently offering a supported sale and fiat withdrawal for your location. Check its native DigiByte deposit instructions, minimums and identity requirements first. Selling DGB for another cryptocurrency is not the same as receiving money in a bank account.
Is DigiByte traceable?
DigiByte's public UTXO ledger lets observers follow transaction outputs, amounts and their later spending. Addresses do not automatically reveal a person's name, but reuse and exchange records can link activity. Digi-ID's authentication features do not make ordinary DGB payments untraceable.
Supply, mining & staking
What is the maximum supply of DigiByte?
DigiByte documents a maximum issuance of 21 billion DGB through its mining schedule. That ceiling differs from the amount already issued or readily tradable. It does not imply a price floor, and projected completion dates should not be treated as guaranteed calendar deadlines.
Can you mine DigiByte?
Yes. DigiByte uses proof of work across SHA256d, Scrypt, Skein, Qubit and Odocrypt rather than a single mining algorithm. Hardware suitability, difficulty, electricity and pool terms affect outcomes. Running a validating wallet alone does not earn mining rewards or guarantee a profit.
Can you stake DigiByte?
DGB has no native proof-of-stake delegation because DigiByte secures its chain through proof of work. A service advertising DGB yield is offering a separate arrangement, such as lending or liquidity provision. Its counterparty and withdrawal risks are not removed by DigiByte's mining security.