How to Buy GOLD (GOLD)

A Step-by-Step-Guide on how to buy GOLD (GOLD)

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome 10$.

Coinbase Free Bitcoin

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. GOLD (GOLD) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate GOLD (GOLD)

As soon as your deposit has been affirmed, you will now have access to your funds and you can launch buying and trading. To invest in GOLD (GOLD) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot GOLD (GOLD), you will need to put the shortname of the coin (GOLD) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we've highlighted this also. Click on “GOLD/BTC” to continue.

Binance Hot To Buy GOLD (GOLD)
Binance How to Buy (GOLD) GOLD
Step 4 – Purchasing GOLD (GOLD)

As soon as you've spotted GOLD (GOLD), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our own Limit Order.

The ”Price” field will be filled automatically with the recent valuation GOLD (GOLD) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of GOLD you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of GOLD.

When you are glad, make a mouse click on “Buy GOLD”. Your order will be filled when a Seller trades their GOLD for the price you gave.

Step 5 – Withdraw GOLD (GOLD)

Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive period of time. In order to take off your GOLD (GOLD), go to the ”Funds” tab and mouse click on “Withdraw”. GOLD (GOLD) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate GOLD (GOLD) by using the provided drop-down box. Put into the quantity of GOLD (GOLD) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Binance Withdraw

Kudos! You have successfully bought and stored GOLD (GOLD).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your take off with Ethplorer.io or Etherscan.io and the GOLD (GOLD) is safe within your wallet, you are finished.