Thinking about buying Bitcoin Gold (BTG)? This guide answers all your queries related to this cryptocurrency that offers a unique take on Bitcoin by making mining more accessible. Unlike Bitcoin, which requires expensive ASIC miners, Bitcoin Gold uses the Equihash algorithm, allowing anyone with a standard GPU to mine it. This approach decentralises mining and gives power back to individual users instead of large mining corporations.
Bitcoin Gold was created in 2017 as a hard fork of Bitcoin. It retains many of Bitcoin’s core features but improves accessibility and security. You can buy BTG on major exchanges like Binance, Coinbase, and Kraken. Once purchased, you’ll need a secure wallet to store your coins safely.
This guide will walk you through everything you need to know about buying Bitcoin Gold. From choosing the right exchange to securing your investment, we’ll help you make the process smooth and hassle-free.
How To Buy Bitcoin Gold In 4 Easy Steps?
You can follow these easy steps to purchase and securely store your Bitcoin Gold tokens without any hassle:
Step 1: Choose A Crypto Exchange Platform
The first step in buying Bitcoin Gold is selecting a trustworthy crypto exchange. A reliable platform ensures security, efficiency, and a smooth trading experience. Check the supported fiat currencies and trading pairs before making a decision.
For those looking to buy with fiat, PayBito supports both US Dollars (USD) and Euros (EUR), while Coinone allows purchases with South Korean Won (KRW). If you prefer using altcoins, Gate.io and ProBit Global offer trading pairs with Tether (USDT). Additionally, platforms like HitBTC and YoBit provide options to trade Bitcoin Gold using Bitcoin (BTC) and Ethereum (ETH). Choosing the right exchange simplifies your buying process and ensures a smooth transaction.
Step 2: Register On Any Of The Platform
Once you’ve chosen a suitable exchange, the next step is to create an account. Visit the exchange’s registration page and enter the required details, such as your email, phone number, and residential address. To complete the verification process, submit a valid identification document, such as a passport or driver’s license.
The verification process typically takes a few hours, depending on the platform. After your account is successfully set up and verified, you can explore the available trading options and proceed with purchasing Bitcoin Gold.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now that your account is ready, the next step is to deposit funds and make a purchase. Those preferring fiat currency can use PayBito for transactions in USD and EUR, while Coinone supports purchases with South Korean Won (KRW).
For users holding cryptocurrencies, Gate.io and ProBit Global allow trading with Tether (USDT). Meanwhile, HitBTC and YoBit provide trading pairs for Bitcoin Gold using Bitcoin (BTC) and Ethereum (ETH). Each platform offers different payment methods, including bank transfers, credit or debit cards, and crypto transfers. Choose the most convenient method and complete the purchase to add Bitcoin Gold to your portfolio.
Step 4: Store The Cryptocurrency In A Wallet
After purchasing Bitcoin Gold, transferring your tokens to a personal wallet is the safest way to protect your investment. Storing funds in an exchange wallet increases exposure to security risks, so moving them to a secure wallet is always recommended.
Ensure that the wallet you select supports Bitcoin Gold. Some reliable options include Coinbase Wallet, Coinomi, MetaMask, BlueWallet, and Electrum Wallet. To store your tokens, initiate a withdrawal from the exchange and enter your wallet’s public address. Confirm the transaction, and once the transfer is complete, your Bitcoin Gold tokens will be securely stored.
By keeping your assets in a secure wallet, you gain full control over your holdings and reduce the risk of online threats.
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Where To Buy Bitcoin Gold (BTG)
Gate.io is a well-established centralised crypto exchange that was founded in 2013 as Bter in China. After China’s crypto crackdown in 2017, it rebranded as Gate.io and expanded globally. The platform supports over 1,700 cryptocurrencies and offers advanced trading features, including spot, futures, and margin trading. It also provides staking, lending, and a launchpad for new crypto projects. Gate.io is available in 200+ countries but is restricted in the US, Canada, and several other regions due to regulatory compliance.
Factsheet
|
Operational Since: |
2013 |
|
Deposit Methods: |
Crypto Deposits. Gate Card, Bank Transfer, Credit/Debit Card |
|
Deposit Fees: |
None |
|
Cryptos Listed: |
2100+ |
|
Trading Fees: |
0.2% per trade (Varies With VIP Level (from VIP O to VIP 16) |
|
Fiat Currencies Supported: |
15+ including USD, EUR, and GBP |
|
Trustworthiness: |
Safe and Reliable |
HitBTC is a European crypto exchange launched in 2013 with a $6 million venture capital investment. It is known for its extensive trading pairs, with over 800 cryptocurrencies and fiat currency support. The platform provides advanced trading tools like automated trading APIs, futures contracts, and high-liquidity order books. Security measures include cold wallet storage and two-factor authentication. While HitBTC is feature-rich, it has faced criticism over withdrawal policies and customer support, making user experience a mixed aspect for traders.
Factsheet
|
Operational Since: |
2013 |
|
Deposit Methods: |
Credit card, wallet transfer |
|
Deposit Fees: |
None |
|
Cryptos Listed: |
800+ trading pairs |
|
Trading Fees: |
0.1% Maker Fee and 0.25% Taker Fee |
|
Fiat Currencies Supported: |
N/A |
|
Trustworthiness: |
Safe and Reliable |
YoBit is a centralised crypto exchange that has been operating since 2014. It offers a wide range of cryptocurrencies and supports instant trading without KYC verification. Unlike major exchanges, YoBit’s team remains anonymous, leading to concerns over transparency and customer support. The platform provides features like staking, a dice game, and an investment programme, appealing to risk-tolerant traders. While some users appreciate its simplicity and privacy, others question its legitimacy due to limited regulatory oversight and unclear operational details.
Factsheet
|
Operational Since: |
2014 |
|
Deposit Methods: |
Coins, OKPay, Perfect Money, Payeer and Adv Cash |
|
Deposit Fees: |
Coins – Free, QIWI – 5% , RUR OKPay – Free, Perfect Money – Free, Payeer – Free, AdvCash – Free, Capitalist – Free |
|
Cryptos Listed: |
353 |
|
Trading Fees: |
0.20% |
|
Fiat Currencies Supported: |
USD and RUR |
|
Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Bitcoin Gold With A Credit Or Debit Card?
You can buy Bitcoin Gold using a credit or debit card on Paybito with USD or EUR, providing a simple way to make direct purchases. If you are in South Korea, you can purchase Bitcoin Gold with KRW on CoinOne.
Alternatively, you can buy Tether (USDT) using your card on Gate.io and trade it for Bitcoin Gold. This method offers more flexibility, especially if direct Bitcoin Gold purchases are not available in your country.
Always use a trusted exchange to ensure secure transactions. Check fees, security measures, and supported payment methods before buying.
What Will You Need To Buy Bitcoin Gold?
Here’s everything you’ll need to own a Bitcoin Gold (BTG) token:
- Exchange Platform: Choose a reliable exchange that supports Bitcoin Gold. Platforms like PayBito, HitBTC, Gate.io, and YoBit allow you to buy and trade BTG securely. Always check for supported payment methods and transaction fees before signing up.
- Identification Documents: Most exchanges require KYC (Know Your Customer) verification. You will need valid documents such as a passport, driver’s licence, or tax return to confirm your identity and access full trading features.
- Debit/Credit Card: A credit or debit card is a quick and easy way to buy Bitcoin Gold. Check if your exchange supports card payments to avoid unnecessary delays. Some platforms also accept bank transfers and e-wallets as alternative payment methods.
- Crypto Wallet: After purchasing Bitcoin Gold, store it in a secure wallet. Options like Coinbase Wallet, Coinomi, MetaMask, BlueWallet, and Electrum Wallet offer strong security and easy access to your funds. Always choose a wallet with good reviews and backup features.
Make sure you have everything ready before making your purchase for a smooth and hassle-free experience.
What Is The Easiest Way To Buy Bitcoin Gold?
The easiest way to buy Bitcoin Gold (BTG) is through a trusted crypto exchange like PayBito. This platform allows users to purchase BTG directly using fiat currencies like USD or EUR. The process is simple and beginner-friendly, making it ideal for new investors.
To get started, create an account on PayBito and complete the required verification process. Once your account is set up, choose a Credit or Debit Card as your payment method. Enter the amount you want to buy, confirm the transaction, and your Bitcoin Gold (BTG) will be credited to your exchange wallet instantly.
Before making a purchase, check for any applicable fees and ensure the platform supports your preferred payment method. Always use a reputable exchange to keep your funds safe.
Best Wallets To Store Your Bitcoin Gold (BTG)
Choosing a reliable wallet is crucial for keeping your BTG tokens safe. Each option comes with distinct features, allowing users to manage their assets securely and efficiently.
- Coinbase Wallet: A well-known option that supports BTG and provides a seamless experience for managing digital assets. With strong security features and an easy-to-use interface, it suits both beginners and experienced users.
- Coinomi: A multi-asset wallet offering BTG support alongside a vast range of other cryptocurrencies. It ensures strong security with private key control while providing in-app exchanges and seamless transactions.
- MetaMask: Originally built for Ethereum-based assets, MetaMask now supports BTG through custom networks. It offers decentralised application (dApp) integration, allowing users to interact with blockchain-based services.
- BlueWallet: A Bitcoin-focused wallet that includes BTG support, providing a simple yet powerful way to manage funds. It comes with advanced security options, including multi-signature transactions and offline storage capabilities.
- Electrum Wallet: A trusted option for BTG storage, Electrum is known for its speed and lightweight design. It offers advanced security features like multi-signature wallets and hardware wallet integration, ensuring maximum safety for digital assets.
Using these wallets guarantees safe and efficient storage while offering various tools to enhance your experience with Bitcoin Gold.
