A Step-by-Step-Guide on how to buy Tezos (XTZ) in Chile
Step 1 – Join Kraken You will first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Funds to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been approved, you'll directly have access to your funds and you can start buying and trading. To buy (XTZ) Tezos on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. To spot Tezos (XTZ), you'll need to insert the cointype (XTZ) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “XTZ/BTC” to advance.
Step 4 – Purchase (XTZ) Tezos After you've located (XTZ) Tezos, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our Limit Order. The “Price” field will be automatically filled with the most up-to-date tariff Tezos (XTZ) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of XTZ you want to buy. The “Total” field is the aggregated price in BTC that you will settle for the complete quantity of XTZ. If you are satisfied, click on “Buy XTZ”. Your order will be filled as soon as a Vender trades their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extensive time period. In order to take off your Tezos (XTZ), hover over the “Funds” tab and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Enter the amount of (XTZ) Tezos you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.