A Step-by-Step-Guide on how to buy Tezos (XTZ) in Aruba
Step 1 – Join Kraken You will first need to buy units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been approved, you'll directly have access to your finances and you can launch invest and trading. To buy (XTZ) Tezos on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. To find Tezos (XTZ), you'll need to put the shortname of the coin (XTZ) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “XTZ/BTC” to progress.
Step 4 – Purchasing Tezos (XTZ) Once you've spotted (XTZ) Tezos, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The “Price” field will be automatically filled with the up-to-date tariff (XTZ) Tezos was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of XTZ you want to buy. The “Total” field is the whole price in BTC that you will settle for the whole volumen of XTZ. If you're glad, make a mouse click on “Buy XTZ”. Your order will be filled when a Vendor sells their XTZ for the price you introduced.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, never keep your crypto on an Crypto Trader for an longer time frame. To withdraw your (XTZ) Tezos, go to the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the given drop-down box. Enter the amount of Tezos (XTZ) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.