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 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Gas (GAS) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Gas (GAS) Once your deposit has been affirmed, you'll instantly have access to your funds and you can start invest and trading. To purchase Gas (GAS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate Gas (GAS), you'll need to insert the shortname of the coin (GAS) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this too. Click on “GAS/BTC” to go on.
Step 4 – Purchase Gas (GAS) After you've spotted Gas (GAS), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation Gas (GAS) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of GAS you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of GAS. When you're happy, click on “Buy GAS”. Your plan will be filled when a Vendor sells their GAS for the price you submitted.
Step 5 – Withdraw Gas (GAS) Unless you're frequently trading, never keep your crypto coins on an Exchange for an longer time period. To take off your Gas (GAS), hover over the ”Funds” tab and click on “Withdraw”. Gas (GAS) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Gas (GAS) by using the provided drop-down box. Put into the amount of Gas (GAS) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.