A Step-by-Step-Guide on how to buy Tezos (XTZ) in Namibia
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an 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 identical. Tezos (XTZ) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been approved, you will now have access to your funds and you can initiate purchasing and trading. To purchase Tezos (XTZ) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To find Tezos (XTZ), you will need to insert the short name of the asset (XTZ) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this too. Click on “XTZ/BTC” to go ahead.
Step 4 – Acquisition of Tezos (XTZ) As soon as you've discovered (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order. The “Price” field will be filled with the up-to-date price Tezos (XTZ) was traded for. You can change this to your favoured rate. The “Amount” field is the amount of XTZ you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of XTZ. When you're glad, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Seller sells their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you're regularly trading, never keep your crypto on an Exchange for an longer time frame. To withdraw your (XTZ) Tezos, go to the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Enter the volumen of (XTZ) Tezos you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.