A Step-by-Step-Guide on how to buy Tezos (XTZ) in Latvia
Step 1 – Join Kraken You will first need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just 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 commence buying and trading. To purchase (XTZ) Tezos on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to discover (XTZ) Tezos, you'll need to insert the shortname of the coin (XTZ) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we've marked this too. Click on “XTZ/BTC” to proceed.
Step 4 – Buying (XTZ) Tezos Once you have located (XTZ) Tezos, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the latest valuation Tezos (XTZ) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of XTZ you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of XTZ. If you're happy, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vendor trades their XTZ for the price you gave.
Step 5 – Withdraw Tezos (XTZ) Unless you're trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Tezos (XTZ), go to the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the given drop-down box. Drop in the amount of (XTZ) Tezos you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You could be requested for email/phone verification before a withdrawal.