A Step-by-Step-Guide on how to buy GOLD2 (GOLD)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your Bitcoin or Ethereum.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. GOLD2 (GOLD) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (GOLD) GOLD2 As soon as your deposit has been approved, you will directly have access to your finances and you can begin purchasing and trading. To buy (GOLD) GOLD2 on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate (GOLD) GOLD2, you will need to insert the cointype (GOLD) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we have marked this also. Click on “GOLD/BTC” to go on.
Step 4 – Purchase GOLD2 (GOLD) As soon as you have spotted GOLD2 (GOLD), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our Limit Order. The ”Price” field will be filled automatically with the up-to-date tariff GOLD2 (GOLD) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of GOLD you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of GOLD. When you are happy, make a mouse click on “Buy GOLD”. Your order will be filled as soon as a Seller trades their GOLD for the price you offered.
Step 5 – Withdraw (GOLD) GOLD2 Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extensive time frame. To take off your (GOLD) GOLD2, go to the ”Funds” tab and click on “Withdraw”. (GOLD) GOLD2 can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GOLD) GOLD2 by using the provided drop-down box. Enter the quantity of (GOLD) GOLD2 you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.