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 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin Gold (BTG) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Bitcoin Gold (BTG) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can commence purchasing and trading. To purchase Bitcoin Gold (BTG) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find Bitcoin Gold (BTG), you will need to insert the cointype (BTG) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we have marked this too. Click on “BTG/BTC” to go ahead.
Step 4 – Buy Bitcoin Gold (BTG) After you've spotted Bitcoin Gold (BTG), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Bitcoin Gold (BTG) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of BTG you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete volumen of BTG. If you're satisfied, click on “Buy BTG”. Your order will be filled as soon as a Vendor trades their BTG for the price you submitted.
Step 5 – Withdraw Bitcoin Gold (BTG) Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Bitcoin Gold (BTG), hover over the ”Funds” tab and mouse click on “Withdraw”. Bitcoin Gold (BTG) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Gold (BTG) by using the provided drop-down box. Put into the volumen of Bitcoin Gold (BTG) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a take off.