A Step-by-Step-Guide on how to buy Australia Cash (AUS)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Funds to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Australia Cash (AUS) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Australia Cash (AUS) As soon as your deposit has been approved, you will directly have access to your assets and you can launch buying and trading. To invest in Australia Cash (AUS) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate Australia Cash (AUS), you will need to insert the short name of the asset (AUS) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “AUS/BTC” to progress.
Step 4 – Buying Australia Cash (AUS) As soon as you have discovered Australia Cash (AUS), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are making our Limit Order. The field with the “Price” tag will be filled with the most latest price Australia Cash (AUS) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of AUS you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete volumen of AUS. If you are satisfied, make a mouse click on “Buy AUS”. Your plan will be filled as soon as a Seller sells their AUS for the price you offered.
Step 5 – Withdraw Australia Cash (AUS) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time period. To withdraw your Australia Cash (AUS), go to the ”Funds” tab and click on “Withdraw”. Australia Cash (AUS) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Australia Cash (AUS) by using the given drop-down box. Drop in the quantity of Australia Cash (AUS) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.