A Step-by-Step-Guide on how to buy Zcoin (XZC)
Step 1 – Join Kraken You'll first need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Zcoin (XZC) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Zcoin (XZC) As soon as your deposit has been confirmed, you will now have access to your assets and you can begin buying and trading. To buy Zcoin (XZC) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Zcoin (XZC), you'll need to put the shortname of the coin (XZC) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “XZC/BTC” to go on.
Step 4 – Buying Zcoin (XZC) After you have spotted Zcoin (XZC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff Zcoin (XZC) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of XZC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of XZC. When you are satisfied, make a mouse click on “Buy XZC”. Your order will be filled as soon as a Vendor trades their XZC for the price you offered.
Step 5 – Withdraw Zcoin (XZC) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your Zcoin (XZC), hover over the ”Funds” tab and mouse click on “Withdraw”. Zcoin (XZC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Zcoin (XZC) by using the given drop-down box. Put into the amount of Zcoin (XZC) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.