A Step-by-Step-Guide on how to buy Zilliqa (ZIL)
Step 1 – Join Kraken You'll first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get Funds.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Zilliqa (ZIL) 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 Exchange? (Follow this manual) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Zilliqa (ZIL) As soon as your deposit has been affirmed, you'll now have access to your assets and you can start invest and trading. To purchase Zilliqa (ZIL) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To discover Zilliqa (ZIL), you will need to insert the cointype (ZIL) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this also. Click on “ZIL/BTC” to advance.
Step 4 – Purchase Zilliqa (ZIL) As soon as you've located Zilliqa (ZIL), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff Zilliqa (ZIL) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of ZIL you wish to buy. The ”Total” field is the total price in Bitcoin that you will pay for the complete amount of ZIL. If you are satisfied, click on “Buy ZIL”. Your order will be filled as soon as a Vender sells their ZIL for the price you introduced.
Step 5 – Withdraw Zilliqa (ZIL) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended time period. To withdraw your Zilliqa (ZIL), go to the ”Funds” tab and mouse click on “Withdraw”. Zilliqa (ZIL) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Zilliqa (ZIL) by using the given drop-down box. Put into the volumen of Zilliqa (ZIL) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click “Submit”. You may be asked for phone/email verification ahead of a take off.