A Step-by-Step-Guide on how to buy Tezos (XTZ) in Burkina Faso
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been confirmed, you'll instantly have access to your finances and you can commence invest and trading. To purchase Tezos (XTZ) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Tezos (XTZ), you'll need to insert the shortname of the coin (XTZ) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we have highlighted this also. Click on “XTZ/BTC” to continue.
Step 4 – Buy (XTZ) Tezos After you've discovered Tezos (XTZ), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price Tezos (XTZ) was traded for. This can be changed to your desired rate. The “Amount” field is the amount of XTZ you want to purchase. The “Total” field is the whole price in BTC that you will pay for the complete amount of XTZ. When you're glad, make a mouse click on “Buy XTZ”. Your order will be filled when a Vender trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive period of time. In order to take off your (XTZ) Tezos, hover over the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the given drop-down box. Drop in the amount of (XTZ) Tezos you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a take off.