Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Bitcoin Gold, and is trustworthy!
You can find our top 3 exchanges for buying Bitcoin Gold here, alternatively you can also check our comparison of the best cryptocurrency exchanges in Australia if you’re generally interested in seeing which exchanges work for Australians.
2. Sign up with the crypto exchange
Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.
3. Fund your account
The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.
4. Buy Bitcoin Gold
And of course, the final step is to find Bitcoin Gold on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.
Where to Buy Bitcoin Gold (BTG)
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How to Sell Bitcoin Gold
- Sign into the exchange
- Find where you stored your Bitcoin Gold, either on a hardware wallet or on the exchange.
- Transfer your Bitcoin Gold to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Bitcoin Gold.
Considerations when looking to buy Bitcoin Gold.
Bitcoin Gold was created in 2017 as a user-friendly Bitcoin alternative. BTG Network aims to bring together the security and stability of Bitcoin blockchain, as well as its unique characteristics, with the possibility for experimentation or development.
BTG is a blockchain company that enhances and expands crypto space. It uses a blockchain that is closely compatible with Bitcoin, but does not use resources such as Bitcoin hash power. The company's goal is to create a coin that has the same implementation capabilities as Bitcoin but expands on the possibilities for DeFi and DApp developers.
Bitcoin Gold is an unique combination of the intrinsic properties of Bitcoin blockchain and a new approach to blockchain development. BTG is a hard fork from the original Bitcoin token and introduces a new proof of work algorithm to combat the scaling issues Bitcoin has.
Bitcoin Gold, an open-source protocol allows developers to freely participate in the development and governance of the blockchain. This is an essential requirement to push decentralization, and it's also one of the main points Bitcoin struggles with.
Bitcoin Gold was one of the first hardforks of the original cryptocurrency. This has attracted the attention of institutional and enterprise investors. BTG can be purchased on many exchanges as well as in swap services and wallets. Many online service providers and browsers have adopted Bitcoin Gold.