A Step-by-Step-Guide on how to buy Zel (ZEL)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive your welcome 10 Dollar.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Zel (ZEL) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Zel (ZEL) As soon as your deposit has been verified, you will directly have access to your assets and you can launch purchasing and trading. To invest in Zel (ZEL) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To discover Zel (ZEL), you will need to insert the cointype (ZEL) into the search box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this also. Click on “ZEL/BTC” to advance.
Step 4 – Buying Zel (ZEL) After you've located Zel (ZEL), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order. The ”Price” field will be filled with the recent tariff Zel (ZEL) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of ZEL you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of ZEL. When you're satisfied, click on “Buy ZEL”. Your order will be filled as soon as a Seller sells their ZEL for the price you offered.
Step 5 – Withdraw Zel (ZEL) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time frame. In order to take off your Zel (ZEL), go to the ”Funds” tab and mouse click on “Withdraw”. Zel (ZEL) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Zel (ZEL) by using the provided drop-down box. Drop in the volumen of Zel (ZEL) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.