To buy bitcoin on Golix, you need to follow a series of steps which we will elaborate much simpler below.
Assuming that you don't have USD funds in your wallet, you first of all need to Deposit USD in your wallet. All the steps are as below:
Step 1: Deposit funds in your USD wallet:
first click on wallets
then secondly click on Deposit USD
Fill in the details as in the above picture i.e.
- Depositor's name(your name)
- Ecocash number(the number with the money you want to deposit)
- Deposit Amount(the amount your want to deposit)
- click submit
Send the money by making a merchant payment to the following merchant account.
Merchant Code: 86530
- Account Name: BitFinance (Private) Limited
After that one of our members will process your Deposit and your USD wallet will be recharged.
You then go to the buy/sell bitcoin page and enter the details on the buy bitcoin form as below.
with your USD funds in your wallet now, you:
- State the price you want to buy bitcoin with
- Amount you want to use from your USD wallet to buy bitcoin( automatically its equivalent in Btc will be displayed)
- Click buy BTC
- You then wait for a match i.e. someone who is selling bitcoins and also stated the same price as yours. It may take time depending on the the price you have stated.
You can simply check on the Oder Book section to see if there is a favourable price.
Take for example the above orders from the order book, if you want to buy bitcoin instantly, you just state 5791 as your price since there is someone selling bitcoins at that price. Instantly your BTC wallet will be recharged.
Whatever bitcoin you buy go straight to your bitcoin wallet on Golix.