A Step-by-Step-Guide on how to buy Tezos (XTZ)
Step 1 – Join Kraken You will first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been confirmed, you'll directly have access to your funds and you can begin buying and trading. To buy Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover Tezos (XTZ), you will need to insert the short name of the asset (XTZ) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Purchase Tezos (XTZ) After you've spotted Tezos (XTZ), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate Tezos (XTZ) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of XTZ you wish to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of XTZ. When you're satisfied, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Vender trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer period of time. In order to withdraw your Tezos (XTZ), go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Drop in the quantity of Tezos (XTZ) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.