A Step-by-Step-Guide on how to buy Tezos (XTZ) in Gibraltar
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Tezos (XTZ) Once your deposit has been affirmed, you will now have access to your assets and you can initiate purchasing and trading. To invest in (XTZ) Tezos on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To locate Tezos (XTZ), you will need to put the cointype (XTZ) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “XTZ/BTC” to continue.
Step 4 – Acquisition of Tezos (XTZ) Once you have found Tezos (XTZ), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to make our Limit Order. The “Price” field will be filled automatically with the most recent rate (XTZ) Tezos was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of XTZ you wish to buy. The “Total” field is the whole price in BTC that you will pay for the complete quantity of XTZ. When you are glad, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vendor sells their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. To take off your Tezos (XTZ), go to the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Put into the amount of Tezos (XTZ) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.