A Step-by-Step-Guide on how to buy Zilliqa (ZIL)
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Zilliqa (ZIL) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (ZIL) Zilliqa As soon as your deposit has been verified, you will now have access to your funds and you can initiate purchasing and trading. To invest in (ZIL) Zilliqa on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to find (ZIL) Zilliqa, you will need to put the short name of the asset (ZIL) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we've marked this also. Click on “ZIL/BTC” to continue.
Step 4 – Buy Zilliqa (ZIL) As soon as you've located Zilliqa (ZIL), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our Limit Order. The ”Price” field will be filled automatically with the up-to-date price Zilliqa (ZIL) was traded for. You can change this to your desired rate. The ”Amount” field is the amount of ZIL you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the whole amount of ZIL. If you are happy, click on “Buy ZIL”. Your order will be filled when a Vender sells their ZIL for the price you offered.
Step 5 – Withdraw (ZIL) Zilliqa Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer period of time. To take off your (ZIL) Zilliqa, go to the ”Funds” tab and click on “Withdraw”. (ZIL) Zilliqa can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ZIL) Zilliqa by using the given drop-down box. Enter the volumen of (ZIL) Zilliqa you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.