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 – Transmit Your Funds to an Cryptocurrency Exchange

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

Make sure you have chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate Gas (GAS)

Once your deposit has been approved, you'll directly have access to your finances and you can launch invest and trading. To buy Gas (GAS) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To locate Gas (GAS), you will need to put the shortname of the coin (GAS) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have marked this also. Click on “GAS/BTC” to go on.

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

After you have located Gas (GAS), you will be presented with a Chart with Prices (in the Center of the picture) 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 with the most latest valuation Gas (GAS) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of GAS you like to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete volumen of GAS.

When you are satisfied, click on “Buy GAS”. Your order will be filled when a Seller trades their GAS for the price you offered.

Step 5 – Withdraw Gas (GAS)

Unless you're frequently trading, you should never keepyour coins on an Exchange for an longer time period. To withdraw your Gas (GAS), go to the ”Funds” tab and mouse click on “Withdraw”. Gas (GAS) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Gas (GAS) by using the provided drop-down box. Enter the quantity of Gas (GAS) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, click “Submit”. You could be asked for phone/email verification ahead of a take off.

Binance Withdraw

Congrats! You have successfully bought and stored Gas (GAS).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (GAS) Gas is stored inside your wallet, you're done.

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