A Step-by-Step-Guide on how to buy Digital Gold Token (GOLD)
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Digital Gold Token (GOLD) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Digital Gold Token (GOLD) Once your deposit has been confirmed, you'll now have access to your assets and you can initiate invest and trading. To purchase Digital Gold Token (GOLD) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To find Digital Gold Token (GOLD), you'll need to insert the short name of the asset (GOLD) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “GOLD/BTC” to proceed.
Step 4 – Acquisition of Digital Gold Token (GOLD) After you have found Digital Gold Token (GOLD), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the latest rate Digital Gold Token (GOLD) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of GOLD you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of GOLD. When you're glad, click on “Buy GOLD”. Your order will be filled when a Seller sells their GOLD for the price you introduced.
Step 5 – Withdraw Digital Gold Token (GOLD) Unless you're trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Digital Gold Token (GOLD), go to the tab called “Funds” and click on “Withdraw”. Digital Gold Token (GOLD) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Digital Gold Token (GOLD) by using the provided drop-down box. Drop in the volumen of Digital Gold Token (GOLD) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click “Submit”. You could be asked for email/phone verification before a withdrawal.