A Step-by-Step-Guide on how to buy Tezos (XTZ) in Jamaica
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get your first $10.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Tezos (XTZ) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find Tezos (XTZ) Once your deposit has been approved, you will instantly have access to your funds and you can start invest and trading. To purchase (XTZ) Tezos on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To find (XTZ) Tezos, you will need to put the shortname of the coin (XTZ) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “XTZ/BTC” to advance.
Step 4 – Buy (XTZ) Tezos After you've located Tezos (XTZ), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order. The “Price” field will be filled with the most up-to-date tariff (XTZ) Tezos was traded for. You can change this to your desired price. The “Amount” field is the quantity of XTZ you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of XTZ. If you are happy, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vender trades their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you are trading, never keep your coins on an Crypto Exchange for an longer time frame. In order to take off your (XTZ) Tezos, go to the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Enter the quantity of Tezos (XTZ) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.