How to Buy Gas (GAS) in Australia

A Step-by-Step-Guide on how to buy Gas (GAS) in Australia

Step 1 – Join Coinmama

You will first need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Gas (GAS) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find {Gas (GAS)|(GAS) Gas}

As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can begin purchasing and trading. To invest in {Gas (GAS)|(GAS) Gas} on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

In order to locate {Gas (GAS)|(GAS) Gas}, you'll need to put the shortname of the coin (GAS) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we have marked this too. Click on “GAS/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Gas (GAS)
Step 4 – Acquisition of {Gas (GAS)|(GAS) Gas}

As soon as you've discovered {Gas (GAS)|(GAS) Gas}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date tariff {Gas (GAS)|(GAS) Gas} was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of GAS you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of GAS.

If you are glad, click on “Buy GAS”. Your order will be filled as soon as a Seller sells their GAS for the price you submitted.

Step 5 – Withdraw {Gas (GAS)|(GAS) Gas}

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. To take off your {Gas (GAS)|(GAS) Gas}, go to the ”Funds” tab and click on “Withdraw”. {Gas (GAS)|(GAS) Gas} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Gas (GAS)|(GAS) Gas} by using the given drop-down box. Enter the volumen of {Gas (GAS)|(GAS) Gas} you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

If you're happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congrats! You have successfully purchased and stored Gas (GAS) in Australia.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with or and the {Gas (GAS)|(GAS) Gas} is stored within your wallet, you are done.

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