A Step-by-Step-Guide on how to buy Tezos (XTZ) in Gabon
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and getting your first 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the correct 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 are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (XTZ) Tezos As soon as your deposit has been approved, you will immediately have access to your funds and you can start invest and trading. To purchase (XTZ) Tezos on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to find Tezos (XTZ), you will need to insert the cointype (XTZ) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we have marked this too. Click on “XTZ/BTC” to go on.
Step 4 – Purchase (XTZ) Tezos As soon as you have spotted Tezos (XTZ), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date price Tezos (XTZ) was traded for. You can change this to your favoured price. The “Amount” field is the volumen of XTZ you like to buy. The “Total” field is the total price in BTC that you'll settle for the complete amount of XTZ. When you are satisfied, make a mouse click on “Buy XTZ”. Your order will be filled when a Seller trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you're trading, best advise is not to keep your crypto on an Exchange for an extended time frame. To withdraw your (XTZ) Tezos, go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the given drop-down box. Drop in the quantity of (XTZ) Tezos you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You could be requested for email/phone verification ahead of a take off.