A Step-by-Step-Guide on how to buy Tezos (XTZ) in Kuwait
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and receive your first Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Tezos (XTZ) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can launch buying and trading. To invest in Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover (XTZ) Tezos, you will need to put the cointype (XTZ) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “XTZ/BTC” to proceed.
Step 4 – Purchase Tezos (XTZ) As soon as you've spotted Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our Limit Order. The “Price” field will be filled automatically with the up-to-date valuation (XTZ) Tezos was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of XTZ you like to buy. The “Total” field is the whole price in BTC that you'll pay for the whole amount of XTZ. If you're happy, click on “Buy XTZ”. Your order will be filled as soon as a Vender sells their XTZ for the price you introduced.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, never keep your crypto on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Tezos (XTZ), hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Put into the amount of Tezos (XTZ) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.