How to Buy PAX Gold (PAXG) in Australia

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

Step 1 – Signup to Coinmama

You will first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. PAX Gold (PAXG) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

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

As soon as your deposit has been affirmed, you will now have access to your assets and you can begin buying and trading. To buy {PAX Gold (PAXG)|(PAXG) PAX Gold} on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to locate {PAX Gold (PAXG)|(PAXG) PAX Gold}, you will need to put the short name of the asset (PAXG) into the search box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this too. Click on “PAXG/BTC” to advance.

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

After you've located {PAX Gold (PAXG)|(PAXG) PAX Gold}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be filled with the recent valuation {PAX Gold (PAXG)|(PAXG) PAX Gold} was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of PAXG you want to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the complete quantity of PAXG.

When you're glad, make a mouse click on “Buy PAXG”. Your plan will be filled when a Vendor sells their PAXG for the price you gave.

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

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. To withdraw your {PAX Gold (PAXG)|(PAXG) PAX Gold}, hover over the tab called “Funds” and mouse click on “Withdraw”. {PAX Gold (PAXG)|(PAXG) PAX Gold} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {PAX Gold (PAXG)|(PAXG) PAX Gold} by using the given drop-down box. Enter the amount of {PAX Gold (PAXG)|(PAXG) PAX Gold} you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.

Kudos! You have successfully purchased and safed PAX Gold (PAXG) in Australia.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the {PAX Gold (PAXG)|(PAXG) PAX Gold} is safe inside your wallet, you're finished.

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