A Step-by-Step-Guide on how to buy Tezos (XTZ) in Denmark
Step 1 – Join Kraken You will first need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum will need 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 Exchange? (Follow this guide) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been verified, you'll immediately have access to your funds and you can commence purchasing and trading. To purchase Tezos (XTZ) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate (XTZ) Tezos, you will need to put the short name of the asset (XTZ) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “XTZ/BTC” to progress.
Step 4 – Acquisition of Tezos (XTZ) As soon as you have spotted (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled with the recent price Tezos (XTZ) was sold for. You can change this to your favoured price. The “Amount” field is the amount of XTZ you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of XTZ. When you are happy, click on “Buy XTZ”. Your order will be filled when a Vendor trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your (XTZ) Tezos, go to the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the provided drop-down box. Enter the amount of (XTZ) Tezos you would like to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are satisfied, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.