A Step-by-Step-Guide on how to buy iXTZ (IXTZ)
Step 1 – Join Kraken You'll first need to buy units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. iXTZ (IXTZ) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find iXTZ (IXTZ) Once your deposit has been verified, you will immediately have access to your finances and you can commence buying and trading. To purchase iXTZ (IXTZ) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate iXTZ (IXTZ), you will need to put the cointype (IXTZ) into the search box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “IXTZ/BTC” to proceed.
Step 4 – Purchase iXTZ (IXTZ) As soon as you have discovered iXTZ (IXTZ), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate iXTZ (IXTZ) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of IXTZ you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of IXTZ. When you are satisfied, click on “Buy IXTZ”. Your plan will be filled as soon as a Vender trades their IXTZ for the price you introduced.
Step 5 – Withdraw iXTZ (IXTZ) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. In order to withdraw your iXTZ (IXTZ), hover over the tab called “Funds” and click on “Withdraw”. iXTZ (IXTZ) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find iXTZ (IXTZ) by using the given drop-down box. Enter the quantity of iXTZ (IXTZ) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.
Congrats! You have successfully purchased and safed iXTZ (IXTZ).That's it! Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (IXTZ) iXTZ is stored within your wallet, you are all done.
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