A Step-by-Step-Guide on how to buy PAX Gold (PAXG)
Step 1 – Join CEX.io You will first need to purchase units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. PAX Gold (PAXG) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate PAX Gold (PAXG) As soon as your deposit has been approved, you will instantly have access to your finances and you can launch buying and trading. To buy PAX Gold (PAXG) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate PAX Gold (PAXG), you will need to put the cointype (PAXG) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this also. Click on “PAXG/BTC” to go ahead.
Step 4 – Buy PAX Gold (PAXG) Once you have discovered PAX Gold (PAXG), you'll be presented with a Price Chart (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 up-to-date rate PAX Gold (PAXG) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of PAXG you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of PAXG. If you're happy, make a mouse click on “Buy PAXG”. Your plan will be filled as soon as a Seller trades their PAXG for the price you introduced.
Step 5 – Withdraw PAX Gold (PAXG) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time period. In order to withdraw your PAX Gold (PAXG), go to the ”Funds” tab and mouse click on “Withdraw”. PAX Gold (PAXG) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find PAX Gold (PAXG) by using the provided drop-down box. Enter the volumen of PAX Gold (PAXG) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.