A Step-by-Step-Guide on how to buy Tezos (XTZ) in Cuba
Step 1 – Signup to Kraken You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we're going to 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've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Tezos (XTZ) Once your deposit has been confirmed, you'll now have access to your assets and you can commence buying and trading. To buy (XTZ) Tezos on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find (XTZ) Tezos, you'll need to put the cointype (XTZ) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have marked this also. Click on “XTZ/BTC” to go on.
Step 4 – Acquisition of Tezos (XTZ) After you've found (XTZ) Tezos, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Tezos (XTZ) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of XTZ you like to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of XTZ. When you are happy, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vender sells their XTZ for the price you gave.
Step 5 – Withdraw Tezos (XTZ) Unless you are frequently trading, never keep your coins on an Crypto Exchange for an longer time frame. In order to take off your Tezos (XTZ), go to the tab called “Funds” 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 given drop-down box. Enter the amount of (XTZ) Tezos you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.