A Step-by-Step-Guide on how to buy PAX Gold (PAXG) in Anguilla
Step 1 – Signup to Coinmama You will first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. PAX Gold (PAXG) is accessible 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 have selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find PAX Gold (PAXG) As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate buying and trading. To purchase PAX Gold (PAXG) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot PAX Gold (PAXG), you will need to insert the short name of the asset (PAXG) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “PAXG/BTC” to go ahead.
Step 4 – Buying PAX Gold (PAXG) After you have discovered PAX Gold (PAXG), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're making our own Limit Order. The ”Price” field will be automatically filled with the most recent rate PAX Gold (PAXG) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of PAXG you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of PAXG. When you're happy, make a mouse click on “Buy PAXG”. Your order will be filled when a Vendor sells their PAXG for the price you offered.
Step 5 – Withdraw PAX Gold (PAXG) Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extensive period of time. To withdraw your PAX Gold (PAXG), go to the tab called “Funds” and mouse click on “Withdraw”. PAX Gold (PAXG) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find PAX Gold (PAXG) by using the given drop-down box. Put into the quantity of PAX Gold (PAXG) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.
Congrats! You've successfully bought and stored PAX Gold (PAXG) in Anguilla.That's it! Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the PAX Gold (PAXG) is stored within your wallet, you are done.
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