A Step-by-Step-Guide on how to buy Tezos (XTZ) in Botswana
Step 1 – Signup to CEX.io You will first need to buy one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first Ethereum or Bitcoin.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (XTZ) Tezos Once your deposit has been confirmed, you will instantly have access to your funds and you can commence buying and trading. To purchase (XTZ) Tezos on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To discover (XTZ) Tezos, you will need to insert the shortname of the coin (XTZ) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “XTZ/BTC” to advance.
Step 4 – Purchase (XTZ) Tezos After you have spotted (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate (XTZ) Tezos was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of XTZ you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of XTZ. When you are glad, click on “Buy XTZ”. Your order will be filled when a Vendor trades their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you are trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. In order to take off your Tezos (XTZ), hover over the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, e.g. 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. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are happy, click “Submit”. You may be requested for phone/email verification before a take off.