A Step-by-Step-Guide on how to buy Tezos (XTZ) in Jamaica
Step 1 – Signup to Kraken You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your first Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (XTZ) Tezos Once your deposit has been affirmed, you'll directly have access to your assets and you can start buying and trading. To purchase Tezos (XTZ) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. 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 graphic. Make sure you have selected the correct pairing, we have highlighted this too. Click on “XTZ/BTC” to go on.
Step 4 – Acquisition of (XTZ) Tezos Once you've located (XTZ) Tezos, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate (XTZ) Tezos was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of XTZ you want to buy. The “Total” field is the total price in Bitcoin that you'll settle for the whole amount of XTZ. If you're satisfied, click on “Buy XTZ”. Your plan will be filled when a Seller trades their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time period. To take off your (XTZ) Tezos, hover over the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Drop in the amount of Tezos (XTZ) you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.