A Step-by-Step-Guide on how to buy Tezos (XTZ) in China
Step 1 – Join Kraken You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) 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 Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Tezos (XTZ) Once your deposit has been affirmed, you'll immediately have access to your assets and you can begin 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”. In order to find (XTZ) Tezos, you'll need to put the shortname of the coin (XTZ) into the search box, which is marked in the image. Be certain of having selected the right pairing, we've highlighted this too. Click on “XTZ/BTC” to advance.
Step 4 – Buying Tezos (XTZ) Once you've spotted (XTZ) Tezos, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price (XTZ) Tezos was traded for. You can change this to your desired price. The “Amount” field is the quantity of XTZ you want to buy. The “Total” field is the total price in BTC that you'll settle for the complete volumen of XTZ. If you're happy, click on “Buy XTZ”. Your order will be filled as soon as a Vendor sells their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. To withdraw your Tezos (XTZ), go to the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Enter the amount of (XTZ) Tezos you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a take off.