A Step-by-Step-Guide on how to buy Tezos (XTZ) in Christmas Island
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your first $10.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find (XTZ) Tezos As soon as your deposit has been approved, you will directly have access to your finances and you can start purchasing and trading. To buy Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot (XTZ) Tezos, you'll need to insert the short name of the asset (XTZ) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we've highlighted this too. Click on “XTZ/BTC” to progress.
Step 4 – Buy (XTZ) Tezos Once you've discovered Tezos (XTZ), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff (XTZ) Tezos was traded for. You can change this to your desired price. The “Amount” field is the quantity of XTZ you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of XTZ. When you are glad, click on “Buy XTZ”. Your plan will be filled as soon as a Seller sells their XTZ for the price you gave.
Step 5 – Withdraw (XTZ) Tezos Unless you're frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. To take off your (XTZ) Tezos, go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Drop in the quantity of Tezos (XTZ) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.