A Step-by-Step-Guide on how to buy Tezos (XTZ) in Kyrgyzstan
Step 1 – Join CEX.io You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Tezos (XTZ) Once your deposit has been approved, you'll instantly have access to your funds and you can initiate buying and trading. To buy Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've marked this too. Click on “XTZ/BTC” to proceed.
Step 4 – Buying (XTZ) Tezos After you have found Tezos (XTZ), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our Limit Order. The “Price” field will be automatically filled with the most up-to-date valuation (XTZ) Tezos was sold for. You can change this to your desired rate. The “Amount” field is the amount of XTZ you want to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of XTZ. If you're glad, click on “Buy XTZ”. Your plan will be filled when a Seller trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your Tezos (XTZ), hover over the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Drop in the amount of (XTZ) Tezos you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.