A Step-by-Step-Guide on how to buy Tezos (XTZ) in Germany
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your welcome 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Tezos (XTZ) Once your deposit has been affirmed, you will now have access to your funds and you can initiate buying and trading. To buy (XTZ) Tezos on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. To find Tezos (XTZ), you will need to insert the shortname of the coin (XTZ) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “XTZ/BTC” to go ahead.
Step 4 – Purchase Tezos (XTZ) As soon as you've found Tezos (XTZ), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the latest price (XTZ) Tezos was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XTZ you want to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the complete quantity of XTZ. When you are happy, make a mouse click on “Buy XTZ”. Your order will be filled when a Seller trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your (XTZ) Tezos, hover over the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the provided drop-down box. Put into the volumen of (XTZ) Tezos you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.