How to Buy sXTZ (SXTZ)

Step 1 – Join Kraken

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting Bitcoin or Ethereum.

Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. sXTZ (SXTZ) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've chosen the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate sXTZ (SXTZ)

Once your deposit has been approved, you'll instantly have access to your funds and you can initiate purchasing and trading. To invest in sXTZ (SXTZ) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover sXTZ (SXTZ), you will need to insert the cointype (SXTZ) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've marked this too. Click on “SXTZ/BTC” to go ahead.

Step 4 – Purchase sXTZ (SXTZ)

Once you have spotted sXTZ (SXTZ), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation sXTZ (SXTZ) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of SXTZ you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole amount of SXTZ.

When you are happy, make a mouse click on “Buy SXTZ”. Your plan will be filled when a Seller trades their SXTZ for the price you gave.

Step 5 – Withdraw sXTZ (SXTZ)

Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your sXTZ (SXTZ), go to the ”Funds” tab and mouse click on “Withdraw”. sXTZ (SXTZ) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate sXTZ (SXTZ) by using the provided drop-down box. Drop in the amount of sXTZ (SXTZ) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.