A Step-by-Step-Guide on how to buy Tezos (XTZ) in Israel
Step 1 – Join Kraken You will first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been confirmed, you'll now have access to your finances and you can begin purchasing and trading. To invest in Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to find Tezos (XTZ), you'll need to insert the cointype (XTZ) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “XTZ/BTC” to progress.
Step 4 – Purchasing Tezos (XTZ) After you've spotted (XTZ) Tezos, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate Tezos (XTZ) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of XTZ you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of XTZ. If you're glad, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vender trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an longer time frame. To withdraw your (XTZ) Tezos, go to the tab called “Funds” and mouse 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. Enter the volumen of (XTZ) Tezos you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.