A Step-by-Step-Guide on how to buy PAX Gold (PAXG)
Step 1 – Join Kraken You'll first need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. PAX Gold (PAXG) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate PAX Gold (PAXG) As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can initiate purchasing and trading. To buy PAX Gold (PAXG) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to spot PAX Gold (PAXG), you will need to insert the short name of the asset (PAXG) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “PAXG/BTC” to progress.
Step 4 – Purchasing PAX Gold (PAXG) As soon as you have discovered PAX Gold (PAXG), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff PAX Gold (PAXG) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of PAXG you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of PAXG. If you are satisfied, click on “Buy PAXG”. Your plan will be filled as soon as a Vendor trades their PAXG for the price you gave.
Step 5 – Withdraw PAX Gold (PAXG) Unless you are frequently trading, never keep your coins on an Crypto Trader for an extensive time period. In order to take off your PAX Gold (PAXG), hover over the tab called “Funds” and click on “Withdraw”. PAX Gold (PAXG) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate PAX Gold (PAXG) by using the provided drop-down box. Enter the quantity of PAX Gold (PAXG) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be requested for email/phone verification before a take off.
Congratulations! You have successfully purchased and safed PAX Gold (PAXG).That's it! Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (PAXG) PAX Gold is safe inside your wallet, you're done.
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