How to buy Gas coins on mobile phone

Purchasing GAS coins on mobile requires selecting an exchange, depositing funds, placing a buy order, and withdrawing the acquired coins into a secure wallet for safekeeping.

Nov 18, 2024 at 06:52 pm

How to Buy GAS Coins on Mobile Phone

GAS coins are the native cryptocurrency of the NEO blockchain, a decentralized platform for building and deploying smart contracts. GAS is used to pay for transaction fees and to participate in network governance.

There are many ways to buy GAS coins, including through exchanges, OTC desks, and peer-to-peer marketplaces. However, for this guide, we will focus on how to buy GAS coins on a mobile phone.

1. Choose a Cryptocurrency Exchange

The first step is to choose a cryptocurrency exchange that supports GAS trading. There are many exchanges to choose from, so it is important to do your research and find one that is reputable and has a good track record.

Some of the most popular cryptocurrency exchanges that support GAS trading include:

• Binance
• Huobi
• OKEx
• KuCoin
• Gate.io

Once you have chosen an exchange, you will need to create an account and verify your identity. This process usually involves providing your name, email address, and phone number.

2. Deposit Funds into Your Exchange Account

Once you have created an account and verified your identity, you will need to deposit funds into your account in order to buy GAS coins. You can do this by transferring funds from your bank account, credit card, or debit card.

The specific deposit methods available will vary depending on the exchange you are using. However, most exchanges will support a variety of deposit methods, so you should be able to find one that works for you.

3. Place an Order to Buy GAS Coins

Once you have deposited funds into your exchange account, you can place an order to buy GAS coins. To do this, you will need to navigate to the GAS trading page and enter the amount of GAS coins you want to buy.

You will also need to select the type of order you want to place. There are two main types of orders: market orders and limit orders.

• Market orders are executed immediately at the current market price.
• Limit orders are executed only when the market price reaches a specified level.

Once you have selected the type of order you want to place, you can click the "Buy" button to place your order.

4. Wait for Your Order to Be Filled

Once you have placed your order, you will need to wait for it to be filled. This can take a few minutes or even hours, depending on the market conditions.

Once your order has been filled, the GAS coins will be deposited into your exchange account. You can then withdraw the GAS coins to your own wallet or keep them on the exchange.

5. Withdraw Your GAS Coins to Your Own Wallet

If you want to store your GAS coins in your own wallet, you will need to withdraw them from the exchange. To do this, you will need to navigate to the GAS withdrawal page and enter the amount of GAS coins you want to withdraw.

You will also need to provide the address of your wallet. Once you have entered all of the required information, you can click the "Withdraw" button to withdraw your GAS coins.

6. Store Your GAS Coins in a Safe Place

Once you have withdrawn your GAS coins from the exchange, you will need to store them in a safe place. There are many different types of wallets available, so you will need to choose one that meets your needs.

Some of the most popular GAS wallets include:

• The NEO GUI wallet
• The NEON wallet
• The Ledger Nano X hardware wallet
• The Trezor Model T hardware wallet

Once you have chosen a wallet, you can create an account and deposit your GAS coins into it. Your GAS coins will be safe and secure in your wallet until you decide to spend them.