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 Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Bitcoin Gold (BTG) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Bitcoin Gold (BTG) Once your deposit has been confirmed, you will instantly have access to your assets and you can initiate buying and trading. To buy Bitcoin Gold (BTG) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate Bitcoin Gold (BTG), you'll need to put the cointype (BTG) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have highlighted this too. Click on “BTG/BTC” to continue.
Step 4 – Buying Bitcoin Gold (BTG) After you have discovered Bitcoin Gold (BTG), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are making 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 favoured price. The ”Amount” field is the amount of BTG you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole volumen of BTG. If you're satisfied, make a mouse click on “Buy BTG”. Your plan will be filled when a Seller sells their BTG for the price you gave.
Step 5 – Withdraw Bitcoin Gold (BTG) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an longer time frame. In order to take off your Bitcoin Gold (BTG), go to the ”Funds” tab and mouse 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 provided drop-down box. Put into the quantity of Bitcoin Gold (BTG) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.
Kudos! You've successfully bought and safed Bitcoin Gold (BTG).That's it! Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (BTG) Bitcoin Gold is stored within your wallet, you're done.
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