A Step-by-Step-Guide on how to buy Tezos (XTZ) in Czechia
Step 1 – Join Kraken You will first need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and getting your first Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can initiate buying and trading. To buy Tezos (XTZ) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order 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 selected the right grouping, we've highlighted this too. Click on “XTZ/BTC” to go on.
Step 4 – Purchasing Tezos (XTZ) As soon as you've spotted Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're creating our Limit Order. The “Price” field will be automatically filled with the most latest valuation Tezos (XTZ) was sold for. This can be changed to your desired price. The “Amount” field is the volumen of XTZ you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of XTZ. When you're happy, click on “Buy XTZ”. Your plan will be filled as soon as a Seller trades their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you are regularly trading, never keep your coins on an Crypto Exchange for an extensive time period. In order to withdraw your (XTZ) Tezos, hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the given drop-down box. Enter the amount of (XTZ) Tezos you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You could be asked for email/phone verification ahead of a take off.