A Step-by-Step-Guide on how to buy Gas (GAS)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Gas (GAS) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Gas (GAS) As soon as your deposit has been confirmed, you'll now have access to your assets and you can begin purchasing and trading. To invest in Gas (GAS) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find Gas (GAS), you'll need to put the shortname of the coin (GAS) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this too. Click on “GAS/BTC” to advance.
Step 4 – Buy Gas (GAS) Once you've spotted Gas (GAS), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Gas (GAS) was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of GAS you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of GAS. When you are happy, click on “Buy GAS”. Your order will be filled when a Vendor trades their GAS for the price you gave.
Step 5 – Withdraw Gas (GAS) Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive time period. To withdraw your Gas (GAS), go to the ”Funds” tab and click on “Withdraw”. Gas (GAS) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Gas (GAS) by using the given drop-down box. Put into the quantity of Gas (GAS) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You could be requested for phone/email verification before a take off.