A Step-by-Step-Guide on how to buy Tezos (XTZ) in Anguilla
Step 1 – Join Kraken You'll first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has 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 example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been confirmed, you will instantly have access to your funds and you can initiate invest and trading. To invest in (XTZ) Tezos on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover Tezos (XTZ), you'll need to put the short name of the asset (XTZ) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “XTZ/BTC” to proceed.
Step 4 – Buying Tezos (XTZ) After you have spotted (XTZ) Tezos, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the up-to-date price (XTZ) Tezos was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of XTZ you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of XTZ. If you're happy, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Seller sells their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extensive period of time. In order to take off your (XTZ) Tezos, hover over the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, for example 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 withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.