A Step-by-Step-Guide on how to buy Tezos (XTZ) in Cameroon
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been approved, you'll instantly have access to your assets and you can launch purchasing and trading. To buy Tezos (XTZ) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To find (XTZ) Tezos, you'll need to insert the cointype (XTZ) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this too. Click on “XTZ/BTC” to go on.
Step 4 – Acquisition of Tezos (XTZ) As soon as you have discovered (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our Limit Order. The “Price” field will be filled with the most recent price Tezos (XTZ) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of XTZ you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of XTZ. When you're glad, click on “Buy XTZ”. Your plan will be filled as soon as a Vendor sells their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extended time frame. To take off your Tezos (XTZ), hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Put into the volumen of Tezos (XTZ) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You may be requested for email/phone verification before a withdrawal.