A Step-by-Step-Guide on how to buy Tezos (XTZ) in Fiji
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been confirmed, you will now have access to your funds and you can begin invest and trading. To buy (XTZ) Tezos on Binance, you will want to go to the “Exchange” tab and click on “Basic”. In order to find Tezos (XTZ), you'll need to put the shortname of the coin (XTZ) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “XTZ/BTC” to advance.
Step 4 – Acquisition of (XTZ) Tezos Once you have located (XTZ) Tezos, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The “Price” field will be filled automatically with the up-to-date valuation (XTZ) Tezos was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of XTZ you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of XTZ. If you are glad, make a mouse click on “Buy XTZ”. Your order will be filled when a Vendor sells their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your Tezos (XTZ), hover over the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Drop in the volumen of Tezos (XTZ) you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, click “Submit”. You could be asked for email/phone verification before a withdrawal.