A Step-by-Step-Guide on how to buy Tezos (XTZ) in Gambia
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Tezos (XTZ) Once your deposit has been approved, you will directly have access to your finances and you can commence purchasing and trading. To buy (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to find Tezos (XTZ), you'll need to insert the short name of the asset (XTZ) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we have highlighted this also. Click on “XTZ/BTC” to advance.
Step 4 – Purchasing Tezos (XTZ) Once you've found Tezos (XTZ), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the latest price Tezos (XTZ) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of XTZ you like to purchase. The “Total” field is the total price in BTC that you'll pay for the complete quantity of XTZ. When you're glad, click on “Buy XTZ”. Your order will be filled as soon as a Seller trades their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time frame. To withdraw your Tezos (XTZ), hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Drop in the quantity of Tezos (XTZ) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.