How to Buy GOLD (GOLD)

A Step-by-Step-Guide on how to buy GOLD (GOLD)

Step 1 – Join Coinbase and recieve 10$ for free

In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome 10$.

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. GOLD (GOLD) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate GOLD (GOLD)

Once your deposit has been affirmed, you'll now have access to your assets and you can launch invest and trading. To purchase GOLD (GOLD) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover GOLD (GOLD), you will need to put the cointype (GOLD) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we have highlighted this also. Click on “GOLD/BTC” to advance.

How to buy Coin on Binance 1 GOLD (GOLD)
Step 4 – Buying GOLD (GOLD)

As soon as you have found GOLD (GOLD), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the recent valuation GOLD (GOLD) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of GOLD you want to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of GOLD.

If you're satisfied, make a mouse click on “Buy GOLD”. Your order will be filled when a Seller sells their GOLD for the price you introduced.

Step 5 – Withdraw (GOLD) GOLD

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time period. To take off your GOLD (GOLD), go to the tab called “Funds” and click on “Withdraw”. (GOLD) GOLD can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find GOLD (GOLD) by using the provided drop-down box. Drop in the quantity of GOLD (GOLD) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Kudos! You have successfully bought and safed GOLD (GOLD).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the GOLD (GOLD) is safe inside your wallet, you're done.