A Step-by-Step-Guide on how to buy Tezos (XTZ) in Kenya
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Tezos (XTZ) Once your deposit has been verified, you'll directly have access to your assets and you can start buying and trading. To buy Tezos (XTZ) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (XTZ) Tezos, you'll need to put the shortname of the coin (XTZ) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Purchasing (XTZ) Tezos As soon as you've discovered (XTZ) Tezos, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest tariff Tezos (XTZ) was sold for. This can be changed to your preferred rate. The “Amount” field is the quantity of XTZ you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of XTZ. If you're satisfied, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vender trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, never keep your coins on an Crypto Trader for an extensive time frame. In order to withdraw your (XTZ) Tezos, hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Put into the quantity of (XTZ) Tezos you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.