A Step-by-Step-Guide on how to buy Tezos (XTZ) in Australia
Step 1 – Join Kraken You'll first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive your welcome Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Tezos (XTZ) Once your deposit has been verified, you'll now have access to your assets and you can begin invest and trading. To invest in (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to locate Tezos (XTZ), you'll need to put the short name of the asset (XTZ) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this too. Click on “XTZ/BTC” to continue.
Step 4 – Acquisition of (XTZ) Tezos After you have discovered (XTZ) Tezos, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent price Tezos (XTZ) was sold for. You can change this to your desired rate. The “Amount” field is the amount of XTZ you like to purchase. The “Total” field is the total price in BTC that you'll pay for the complete volumen of XTZ. When you're glad, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Seller sells their XTZ for the price you introduced.
Step 5 – Withdraw (XTZ) Tezos Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended period of time. In order to take off your (XTZ) Tezos, hover over the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Enter the volumen of Tezos (XTZ) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be requested for verfication via phone/email before a take off.