A Step-by-Step-Guide on how to buy Tezos (XTZ) in Palau
Step 1 – Signup to Kraken You will first need to buy one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and getting your first Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. 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 Exchange? (Just follow this how-to) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Tezos (XTZ) Once your deposit has been confirmed, you will now have access to your assets and you can launch buying and trading. To purchase Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To discover (XTZ) Tezos, you will need to put the shortname of the coin (XTZ) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we have highlighted this too. Click on “XTZ/BTC” to go ahead.
Step 4 – Buy (XTZ) Tezos After you've found Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're creating our Limit Order. The field with the “Price” tag will be filled with the up-to-date tariff (XTZ) Tezos was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of XTZ you like to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole volumen of XTZ. When you're glad, click on “Buy XTZ”. Your order will be filled when a Vender sells their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. To withdraw your (XTZ) Tezos, hover over the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the given drop-down box. Drop in the quantity of Tezos (XTZ) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.