A Step-by-Step-Guide on how to buy Bitcoin Gold (BTG)
Step 1 – Signup to Kraken You'll first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive Funds.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitcoin Gold (BTG) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Bitcoin Gold (BTG) Once your deposit has been verified, you'll directly have access to your finances and you can start invest and trading. To invest in Bitcoin Gold (BTG) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Bitcoin Gold (BTG), you will need to put the short name of the asset (BTG) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “BTG/BTC” to proceed.
Step 4 – Purchase Bitcoin Gold (BTG) As soon as you've spotted Bitcoin Gold (BTG), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Bitcoin Gold (BTG) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of BTG you wish to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of BTG. When you are satisfied, make a mouse click on “Buy BTG”. Your plan will be filled as soon as a Vendor sells their BTG for the price you introduced.
Step 5 – Withdraw Bitcoin Gold (BTG) Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Bitcoin Gold (BTG), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Gold (BTG) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Gold (BTG) by using the provided drop-down box. Drop in the volumen of Bitcoin Gold (BTG) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.