A Step-by-Step-Guide on how to buy Tezos (XTZ) in Bahrain
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and to get your welcome $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (XTZ) Tezos As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate purchasing and trading. To invest in Tezos (XTZ) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To spot (XTZ) Tezos, you will need to insert the short name of the asset (XTZ) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this also. Click on “XTZ/BTC” to proceed.
Step 4 – Buying Tezos (XTZ) Once you've located Tezos (XTZ), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our Limit Order. The “Price” field will be filled automatically with the up-to-date price (XTZ) Tezos was sold for. This can be changed to your preferred rate. The “Amount” field is the quantity of XTZ you want to buy. The “Total” field is the whole price in BTC that you will pay for the complete quantity of XTZ. When you are 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 submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (XTZ) Tezos, hover over the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Drop in the volumen of Tezos (XTZ) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.