How to Buy Tezos (XTZ) in Guernsey

A Step-by-Step-Guide on how to buy Tezos (XTZ) in Guernsey

Step 1 – Join CoinbaseGet Free $10

You'll first need to purchase one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome 10$.

Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

Make sure you've chosen the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate Tezos (XTZ)

As soon as your deposit has been confirmed, you will now have access to your funds and you can initiate buying and trading. To buy (XTZ) Tezos on Binance, you will want to hover over theExchangetab and mouse click onBasic”.

In order to find Tezos (XTZ), you'll need to insert the shortname of the coin (XTZ) into the search-box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've marked this too. Click onXTZ/BTCto advance.

Step 4 – Buying (XTZ) Tezos

After you've located (XTZ) Tezos, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our Limit Order.

The field with thePricetag will be filled automatically with the up-to-date rate Tezos (XTZ) was traded for. This can be changed to your preferred rate. TheAmountfield is the volumen of XTZ you wish to buy. The field with theTotaltag is the whole price in BTC that you'll settle for the whole quantity of XTZ.

When you're satisfied, click onBuy XTZ”. Your order will be filled when a Vender trades their XTZ for the price you introduced.

Step 5 – Withdraw Tezos (XTZ)

Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an longer time period. In order to withdraw your (XTZ) Tezos, go to theFundstab and mouse click onWithdraw”. Tezos (XTZ) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XTZ) Tezos by using the given drop-down box. Put into the quantity of Tezos (XTZ) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, clickSubmit”. You could be requested for phone/email verification before a withdrawal.

Congrats! You've successfully bought and safed Tezos (XTZ) in Guernsey.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the Tezos (XTZ) is stored within your wallet, you are finished.