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 – Transfer Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bitcoin Gold (BTG) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Bitcoin Gold (BTG) Once your deposit has been affirmed, you will directly have access to your finances and you can commence purchasing and trading. To purchase Bitcoin Gold (BTG) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To find Bitcoin Gold (BTG), you will need to insert the shortname of the coin (BTG) into the search box, which is marked in the graphic. Be certain of having choosen the right grouping, we have highlighted this too. Click on “BTG/BTC” to go ahead.
Step 4 – Purchasing Bitcoin Gold (BTG) After you've found Bitcoin Gold (BTG), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Bitcoin Gold (BTG) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of BTG you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of BTG. When you are glad, click on “Buy BTG”. Your order will be filled as soon as a Seller sells their BTG for the price you submitted.
Step 5 – Withdraw Bitcoin Gold (BTG) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive period of time. In order to take off your Bitcoin Gold (BTG), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Gold (BTG) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Gold (BTG) by using the given drop-down box. Enter the quantity of Bitcoin Gold (BTG) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, click on “Submit”. You may be requested for phone/email verification before a take off.