A Step-by-Step-Guide on how to buy Tezos (XTZ) in American Samoa
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been verified, you'll directly have access to your assets and you can begin invest and trading. To invest in Tezos (XTZ) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To locate (XTZ) Tezos, you'll need to insert the shortname of the coin (XTZ) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we have marked this too. Click on “XTZ/BTC” to proceed.
Step 4 – Acquisition of (XTZ) Tezos Once you've found (XTZ) Tezos, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff (XTZ) Tezos was traded for. You can change this to your preferred price. The “Amount” field is the quantity of XTZ you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of XTZ. When you are glad, click on “Buy XTZ”. Your order will be filled when a Vender trades their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. In order to withdraw your (XTZ) Tezos, hover over the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Put into the quantity of (XTZ) Tezos you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You could be requested for email/phone verification before a take off.