A Step-by-Step-Guide on how to buy PAX Gold (PAXG)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy units of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10$.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. PAX Gold (PAXG) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find PAX Gold (PAXG) Once your deposit has been affirmed, you'll immediately have access to your assets and you can begin buying and trading. To buy PAX Gold (PAXG) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to discover PAX Gold (PAXG), you'll need to put the cointype (PAXG) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we've marked this too. Click on “PAXG/BTC” to progress.
Step 4 – Buying (PAXG) PAX Gold As soon as you've discovered (PAXG) PAX Gold, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our Limit Order. The ”Price” field will be automatically filled with the most latest tariff (PAXG) PAX Gold was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of PAXG you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of PAXG. If you are glad, make a mouse click on “Buy PAXG”. Your plan will be filled when a Vendor trades their PAXG for the price you submitted.
Step 5 – Withdraw (PAXG) PAX Gold Unless you're trading, best advise is not to keep your crypto on an Exchange for an extended time frame. To take off your (PAXG) PAX Gold, go to the tab called “Funds” and click on “Withdraw”. (PAXG) PAX Gold can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (PAXG) PAX Gold by using the given drop-down box. Drop in the amount of (PAXG) PAX Gold you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.