A Step-by-Step-Guide on how to buy Horizen (ZEN)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Horizen (ZEN) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Horizen (ZEN) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can begin invest and trading. To invest in Horizen (ZEN) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To discover Horizen (ZEN), you will need to put the short name of the asset (ZEN) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “ZEN/BTC” to go on.
Step 4 – Buying Horizen (ZEN) As soon as you have found Horizen (ZEN), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation Horizen (ZEN) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of ZEN you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of ZEN. If you are glad, click on “Buy ZEN”. Your order will be filled as soon as a Seller sells their ZEN for the price you offered.
Step 5 – Withdraw Horizen (ZEN) Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. In order to take off your Horizen (ZEN), hover over the ”Funds” tab and mouse click on “Withdraw”. Horizen (ZEN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Horizen (ZEN) by using the provided drop-down box. Enter the volumen of Horizen (ZEN) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click “Submit”. You may be asked for email/phone verification ahead of a take off.