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 – Send Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Tether Gold (XAUT) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Tether Gold (XAUT) Once your deposit has been affirmed, you'll now have access to your funds and you can commence buying and trading. To invest in Tether Gold (XAUT) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot Tether Gold (XAUT), you'll need to put the short name of the asset (XAUT) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we've highlighted this too. Click on “XAUT/BTC” to advance.
Step 4 – Acquisition of Tether Gold (XAUT) As soon as you've spotted Tether Gold (XAUT), 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 image). For now we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date tariff Tether Gold (XAUT) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of XAUT you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete volumen of XAUT. When you're satisfied, click on “Buy XAUT”. Your plan will be filled as soon as a Vender sells their XAUT for the price you offered.
Step 5 – Withdraw Tether Gold (XAUT) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an extended period of time. In order to take off 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) Find Tether Gold (XAUT) by using the given drop-down box. Put into the amount of Tether Gold (XAUT) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.