Once you have been approved to Level 5 or 6, you immediately can trade in the platform. You can either place an BTG "SELL" order by using any BTG you have in your Bitcoin Gold wallet resulted from a trade at CoinField, or by depositing the current BTG you have from external sources. To place a SELL order, you can choose from the below available pair options:
- Place a "SELL" order for your BTG to XRP, and then trade your XRP to any of the following supported fiat currencies (listed below):
- Canadian dollar (CAD),
- US dollar (USD),
- Euro (EUR),
- British pound sterling (GBP),
- Japanese Yen (JPY),
- United Arab Emirate Dirham (AED)
- Place a "SELL" order for your BTG to XRP only, in case you want to keep XRP instead of Fiat.
After choosing the main option for selling your BTG, you can place a "SELL" order in our trading platform. As soon as the trade is fulfilled, the funds resulting from the trade will appear in your account’s built-in wallet¹ on the exchange and become available for withdrawal. In case you don't want to withdraw the funds, you can also leave the funds in your CoinField wallet, as we don't charge any maintenance fees.
Steps to selling Bitcoin Gold (BTG) for fiat currency CAD/ USD/ EUR / GBP/ JPY/ AED using Ripple (XRP):
- Have an account on CoinField approved to either Level 5 or 6
- Have BTG available in your account’s built-in Bitcoin Gold wallet
- Place a BTG >< XRP "SELL" order
- After the trade above is fulfilled and you have XRP available in your Ripple (XRP) wallet, use this XRP to place another "SELL" order to one of the following fiat currencies available on our platform - CAD/ USD/ EUR / GBP/ JPY/ AED
Steps to selling Bitcoin Gold (BTG) for Ripple (XRP):
- Have an account on CoinField approved to either Level 5 or 6
- Have BTG available in your account’s built-in Bitcoin Gold wallet
- Place a BTG >< XRP "SELL" order
- After the trade above is fulfilled and you have XRP available in your Ripple (XRP) wallet, you can choose to either keep the coins in your Ripple wallet or withdraw them to another external Ripple wallet you may have.
Please, visit the following links in order to understand how the different trade options work, how to use each type of order and market, and their characteristics:
- How to trade using Quick Trade (Market Price option)?
- How to trade using Advanced Trading (Market Price Option)?
- How to trade using Advanced Trading (Order Limit Option)?
- For small or quick-fill orders where setting a price may not be of great importance, you can buy from the Dashboard section by placing a market order.
- For larger trades or in situations in which you would like to set up the price you would like to pay per unit of crypto, we recommend using the Trade section to place a limit order and wait for it to fill at a specific price you desire.
¹ The funds resulting from the BTG sell order will be available in the corresponding wallet of the other currency, Fiat or Crypto - XRP, you chose to trade your BTG to.