A Step-by-Step-Guide on how to buy Tezos (XTZ) in Bolivia
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have 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 Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been verified, you will instantly have access to your finances and you can initiate invest and trading. To buy Tezos (XTZ) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To find (XTZ) Tezos, you will need to put the cointype (XTZ) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this too. Click on “XTZ/BTC” to go on.
Step 4 – Acquisition of (XTZ) Tezos After you've spotted (XTZ) Tezos, you will be given a Chart with Prices (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 automatically filled with the up-to-date rate Tezos (XTZ) was sold for. You can change this to your desired rate. The “Amount” field is the quantity of XTZ you wish to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of XTZ. When you are happy, make a mouse click on “Buy XTZ”. Your order will be filled when a Vendor sells their XTZ for the price you offered.
Step 5 – Withdraw Tezos (XTZ) Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time frame. To take off your Tezos (XTZ), 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 (XTZ) Tezos by using the provided drop-down box. Enter the volumen of Tezos (XTZ) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.