A Step-by-Step-Guide on how to buy Tezos (XTZ) in Lesotho
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has 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 will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find (XTZ) Tezos As soon as your deposit has been approved, you will instantly have access to your assets and you can start purchasing and trading. To buy Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this too. Click on “XTZ/BTC” to continue.
Step 4 – Purchase Tezos (XTZ) After you've found Tezos (XTZ), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Tezos (XTZ) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of XTZ you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of XTZ. When you're satisfied, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vendor sells their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an extended period of time. In order to take off your (XTZ) Tezos, hover over the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Drop in the volumen of Tezos (XTZ) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.