A Step-by-Step-Guide on how to buy Horizen (ZEN)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Horizen (ZEN) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (ZEN) Horizen Once your deposit has been confirmed, you will instantly have access to your finances and you can initiate buying and trading. To purchase (ZEN) Horizen on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to spot (ZEN) Horizen, you will need to put the shortname of the coin (ZEN) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this too. Click on “ZEN/BTC” to go on.
Step 4 – Purchase (ZEN) Horizen After you have found (ZEN) Horizen, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our Limit Order. The ”Price” field will be filled with the recent price (ZEN) Horizen was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of ZEN you want to purchase. The ”Total” field is the total price in BTC that you will pay for the complete amount of ZEN. When you are glad, click on “Buy ZEN”. Your plan will be filled as soon as a Seller trades their ZEN for the price you submitted.
Step 5 – Withdraw (ZEN) Horizen Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time period. To take off your (ZEN) Horizen, hover over the tab called “Funds” and click on “Withdraw”. (ZEN) Horizen can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ZEN) Horizen by using the provided drop-down box. Put into the amount of (ZEN) Horizen you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.