A Step-by-Step-Guide on how to buy Tether Gold (XAUT)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Tether Gold (XAUT) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate Tether Gold (XAUT) Once your deposit has been approved, you'll immediately have access to your finances and you can begin buying and trading. To invest in Tether Gold (XAUT) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find Tether Gold (XAUT), you'll need to insert the short name of the asset (XAUT) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “XAUT/BTC” to advance.
Step 4 – Purchase Tether Gold (XAUT) Once you have found Tether Gold (XAUT), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Tether Gold (XAUT) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XAUT you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of XAUT. If you're happy, make a mouse click on “Buy XAUT”. Your order will be filled when a Seller trades their XAUT for the price you submitted.
Step 5 – Withdraw Tether Gold (XAUT) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an longer period of time. To withdraw your Tether Gold (XAUT), go to the ”Funds” tab and mouse click on “Withdraw”. Tether Gold (XAUT) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tether Gold (XAUT) by using the given drop-down box. Put into the amount of Tether Gold (XAUT) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You may be asked for phone/email verification before a take off.