A Step-by-Step-Guide on how to buy Tezos (XTZ) in Andorra
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your first 10$.
Step 2 – Transmit Your Funds to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (XTZ) Tezos Once your deposit has been verified, you'll now have access to your assets and you can begin purchasing and trading. To buy (XTZ) Tezos on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To spot Tezos (XTZ), you'll need to put the short name of the asset (XTZ) into the search box, which is highlighted in the image. Make sure you have selected the proper pairing, we've marked this too. Click on “XTZ/BTC” to go ahead.
Step 4 – Purchasing Tezos (XTZ) After you have spotted (XTZ) Tezos, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to create our Limit Order. The “Price” field will be automatically filled with the recent rate Tezos (XTZ) was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of XTZ you like to buy. The “Total” field is the whole price in BTC that you'll pay for the complete quantity of XTZ. When you're satisfied, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vendor sells their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an extended period of time. In order to take off your (XTZ) Tezos, hover over the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Drop in the quantity of Tezos (XTZ) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a take off.