How to Buy PAX Gold (PAXG) in Armenia

A Step-by-Step-Guide on how to buy PAX Gold (PAXG) in Armenia

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Ethereum or 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 will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate {PAX Gold (PAXG)|(PAXG) PAX Gold}

Once your deposit has been verified, you will now have access to your assets and you can launch invest and trading. To purchase {PAX Gold (PAXG)|(PAXG) PAX Gold} on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find {PAX Gold (PAXG)|(PAXG) PAX Gold}, you will need to insert the shortname of the coin (PAXG) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this too. Click on “PAXG/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} PAX Gold (PAXG)
Step 4 – Acquisition of {PAX Gold (PAXG)|(PAXG) PAX Gold}

After you've found {PAX Gold (PAXG)|(PAXG) PAX Gold}, 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). Next we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the recent tariff {PAX Gold (PAXG)|(PAXG) PAX Gold} was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of PAXG you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of PAXG.

If you are glad, make a mouse click on “Buy PAXG”. Your plan will be filled as soon as a Vendor trades their PAXG for the price you gave.

Step 5 – Withdraw {PAX Gold (PAXG)|(PAXG) PAX Gold}

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. To take off your {PAX Gold (PAXG)|(PAXG) PAX Gold}, go to the tab called “Funds” and click on “Withdraw”. {PAX Gold (PAXG)|(PAXG) PAX Gold} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {PAX Gold (PAXG)|(PAXG) PAX Gold} by using the provided drop-down box. Drop in the volumen of {PAX Gold (PAXG)|(PAXG) PAX Gold} you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click on “Submit”. You could be requested for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and safed PAX Gold (PAXG) in Armenia.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {PAX Gold (PAXG)|(PAXG) PAX Gold} is stored within your wallet, you are done.

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