A Step-by-Step-Guide on how to buy Zel (ZEL)
Step 1 – Signup to Kraken You'll first need to purchase units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Zel (ZEL) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Zel (ZEL) As soon as your deposit has been affirmed, you'll now have access to your finances and you can begin invest and trading. To purchase Zel (ZEL) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Zel (ZEL), you'll need to insert the short name of the asset (ZEL) into the search box, which is highlighted in the image. Make sure you have selected the proper pairing, we have highlighted this also. Click on “ZEL/BTC” to proceed.
Step 4 – Buying Zel (ZEL) As soon as you've spotted Zel (ZEL), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate Zel (ZEL) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of ZEL you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of ZEL. If you are glad, make a mouse click on “Buy ZEL”. Your order will be filled when a Seller trades their ZEL for the price you gave.
Step 5 – Withdraw Zel (ZEL) Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an extended time frame. In order to take off your Zel (ZEL), hover over the ”Funds” tab and mouse click on “Withdraw”. Zel (ZEL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Zel (ZEL) by using the provided drop-down box. Enter the amount of Zel (ZEL) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.