A Step-by-Step-Guide on how to buy Tezos (XTZ) in Jersey
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Tezos (XTZ) Once your deposit has been approved, you will immediately have access to your funds and you can initiate purchasing and trading. To purchase Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and mouse 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 picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “XTZ/BTC” to go on.
Step 4 – Buying Tezos (XTZ) After 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). And now we are creating our own Limit Order. The “Price” field will be filled with the most latest price (XTZ) Tezos was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of XTZ you like to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete volumen of XTZ. If you are glad, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vender trades their XTZ for the price you introduced.
Step 5 – Withdraw (XTZ) Tezos Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. To withdraw your Tezos (XTZ), hover over the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Drop in the quantity of (XTZ) Tezos you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.