A Step-by-Step-Guide on how to buy Tezos (XTZ) in Kiribati
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first Bitcoin or Ethereum.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency 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 example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been verified, you'll now have access to your funds and you can launch invest and trading. To buy (XTZ) Tezos on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot 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 choosen the correct pairing, we have highlighted this also. Click on “XTZ/BTC” to advance.
Step 4 – Buy (XTZ) Tezos After you have discovered (XTZ) Tezos, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are making our own Limit Order. The “Price” field will be filled with the most latest tariff Tezos (XTZ) was traded for. This can be changed to your desired price. The “Amount” field is the quantity of XTZ you wish to buy. The “Total” field is the total price in Bitcoin that you'll settle for the complete amount of XTZ. If you are glad, 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're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. To withdraw your (XTZ) Tezos, hover over the “Funds” tab and mouse 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. Drop in the amount of Tezos (XTZ) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click on “Submit”. You may be requested for phone/email verification ahead of a take off.