A Step-by-Step-Guide on how to buy Australia Cash (AUS)
Step 1 – Join Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and getting Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Australia Cash (AUS) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) 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, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate Australia Cash (AUS) Once your deposit has been verified, you'll immediately have access to your funds and you can start purchasing and trading. To buy Australia Cash (AUS) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To find Australia Cash (AUS), you'll need to put the cointype (AUS) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “AUS/BTC” to continue.
Step 4 – Acquisition of Australia Cash (AUS) After you've found Australia Cash (AUS), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our Limit Order. The ”Price” field will be filled with the latest rate Australia Cash (AUS) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of AUS you like to buy. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of AUS. If you're happy, click on “Buy AUS”. Your plan will be filled when a Vender trades their AUS for the price you introduced.
Step 5 – Withdraw Australia Cash (AUS) Unless you're trading, never keep your crypto coins on an Exchange for an extensive period of time. In order to take off your Australia Cash (AUS), go to the ”Funds” tab and click on “Withdraw”. Australia Cash (AUS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Australia Cash (AUS) by using the given drop-down box. Drop in the volumen of Australia Cash (AUS) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.