A Step-by-Step-Guide on how to buy Tezos (XTZ) in Jersey
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has 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're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been approved, you will instantly have access to your funds and you can initiate invest and trading. To buy Tezos (XTZ) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot (XTZ) Tezos, you will need to insert the shortname of the coin (XTZ) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we have marked this too. Click on “XTZ/BTC” to proceed.
Step 4 – Purchasing (XTZ) Tezos As soon as you've located (XTZ) Tezos, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are creating our own Limit Order. The “Price” field will be filled with the most recent rate (XTZ) Tezos was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XTZ you want to buy. The “Total” field is the whole price in Bitcoin that you will pay for the whole quantity of XTZ. If you are glad, click on “Buy XTZ”. Your order will be filled as soon as a Vender sells their XTZ for the price you offered.
Step 5 – Withdraw Tezos (XTZ) Unless you are trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To take off your Tezos (XTZ), hover over the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Put into the amount of Tezos (XTZ) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be asked for email/phone verification before a take off.