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 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Horizen (ZEN) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Horizen (ZEN) Once your deposit has been affirmed, you will now have access to your assets and you can commence invest and trading. To buy Horizen (ZEN) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot Horizen (ZEN), you will need to put the short name of the asset (ZEN) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we've marked this too. Click on “ZEN/BTC” to advance.
Step 4 – Purchasing Horizen (ZEN) After you have located Horizen (ZEN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Horizen (ZEN) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of ZEN you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of ZEN. If you're happy, make a mouse click on “Buy ZEN”. Your plan will be filled when a Vender sells their ZEN for the price you submitted.
Step 5 – Withdraw Horizen (ZEN) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. To take off your Horizen (ZEN), hover over the tab called “Funds” and mouse click on “Withdraw”. Horizen (ZEN) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Horizen (ZEN) by using the provided drop-down box. Drop in the amount of Horizen (ZEN) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click “Submit”. You may be asked for verfication via email/phone before a take off.