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 Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Tether Gold (XAUT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Tether Gold (XAUT) As soon as your deposit has been verified, you'll directly have access to your assets and you can begin purchasing and trading. To purchase Tether Gold (XAUT) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover Tether Gold (XAUT), you will need to put the shortname of the coin (XAUT) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this too. Click on “XAUT/BTC” to go on.
Step 4 – Acquisition of Tether Gold (XAUT) After you have spotted Tether Gold (XAUT), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation Tether Gold (XAUT) was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of XAUT you wish to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole volumen of XAUT. When you're glad, make a mouse click on “Buy XAUT”. Your order will be filled when a Vendor trades their XAUT for the price you gave.
Step 5 – Withdraw Tether Gold (XAUT) Unless you are frequently trading, never keep your coins on an Exchange for an extensive period of time. To take off your Tether Gold (XAUT), hover over the ”Funds” tab and click on “Withdraw”. Tether Gold (XAUT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tether Gold (XAUT) by using the given drop-down box. Enter the volumen of Tether Gold (XAUT) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.