A Step-by-Step-Guide on how to buy GoChain (GO)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. GoChain (GO) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find (GO) GoChain Once your deposit has been affirmed, you'll instantly have access to your assets and you can begin purchasing and trading. To buy (GO) GoChain on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find (GO) GoChain, you'll need to insert the cointype (GO) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we've highlighted this also. Click on “GO/BTC” to continue.
Step 4 – Acquisition of GoChain (GO) As soon as you've spotted GoChain (GO), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation GoChain (GO) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of GO you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of GO. If you are satisfied, click on “Buy GO”. Your plan will be filled when a Vendor trades their GO for the price you submitted.
Step 5 – Withdraw GoChain (GO) Unless you are trading, best advise is not to keep your coins on an Crypto Trader for an extended period of time. In order to withdraw your GoChain (GO), hover over the ”Funds” tab and click on “Withdraw”. GoChain (GO) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find GoChain (GO) by using the given drop-down box. Put into the volumen of GoChain (GO) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You could be requested for email/phone verification before a take off.