A Step-by-Step-Guide on how to buy Tezos (XTZ) in Central African Republic
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been verified, you will now have access to your finances and you can start purchasing and trading. To buy Tezos (XTZ) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate (XTZ) Tezos, you will need to insert the cointype (XTZ) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Buying (XTZ) Tezos As soon as you have found Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we're making our own Limit Order. The “Price” field will be filled automatically with the most latest rate Tezos (XTZ) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of XTZ you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole quantity of XTZ. If you're happy, click on “Buy XTZ”. Your plan will be filled as soon as a Vendor trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (XTZ) Tezos, go to the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Enter the quantity of Tezos (XTZ) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click “Submit”. You may be asked for verfication via email/phone before a take off.