A Step-by-Step-Guide on how to buy Tezos (XTZ) in Dominican Republic
Step 1 – Join Kraken In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an 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 alike. Tezos (XTZ) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Tezos (XTZ) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can start purchasing and trading. To purchase (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To locate Tezos (XTZ), you'll need to put the cointype (XTZ) into the search-box, which is marked in the picture. Make sure you have selected the proper grouping, we have highlighted this too. Click on “XTZ/BTC” to proceed.
Step 4 – Purchasing 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 (on the Left of the image). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the most latest rate Tezos (XTZ) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of XTZ you wish to buy. The “Total” field is the total price in Bitcoin that you will settle for the complete quantity 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 offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are frequently trading, never keep your crypto on an Crypto Trader for an longer period of time. To withdraw your (XTZ) Tezos, go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the provided drop-down box. Put into the amount of (XTZ) Tezos you would like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You may be asked for verfication via phone/email before a take off.