How to Buy Gas (GAS)

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).

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Gas (GAS) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate Gas (GAS)

As soon as your deposit has been verified, you will immediately have access to your finances and you can begin invest and trading. To purchase Gas (GAS) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To discover Gas (GAS), you will need to insert the cointype (GAS) into the search box, which is highlighted in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “GAS/BTC” to proceed.

Binance Hot To Buy Gas (GAS)
Binance How to Buy (GAS) Gas
Step 4 – Buying Gas (GAS)

Once you've spotted Gas (GAS), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest valuation Gas (GAS) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of GAS you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of GAS.

When you're glad, make a mouse click on “Buy GAS”. Your order will be filled when a Seller sells their GAS for the price you gave.

Step 5 – Withdraw Gas (GAS)

Unless you're trading, never keep your coins on an Crypto Exchange for an longer time period. In order to take off your Gas (GAS), go to the tab called “Funds” and mouse click on “Withdraw”. Gas (GAS) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Gas (GAS) by using the given drop-down box. Put into the volumen of Gas (GAS) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

If you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored Gas (GAS).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (GAS) Gas is safe inside your wallet, you're all done.

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