A Step-by-Step-Guide on how to buy Tezos (XTZ) in Panama
Step 1 – Join CEX.io You will first need to purchase one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (XTZ) Tezos Once your deposit has been confirmed, you will directly have access to your finances and you can start buying and trading. To buy (XTZ) Tezos on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to spot Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we've marked this also. Click on “XTZ/BTC” to go ahead.
Step 4 – Buying Tezos (XTZ) After you've spotted Tezos (XTZ), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our own Limit Order. The “Price” field will be filled with the latest price Tezos (XTZ) was sold for. You can change this to your desired price. The “Amount” field is the amount of XTZ you want to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the complete volumen of XTZ. When you're happy, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Vender trades their XTZ for the price you gave.
Step 5 – Withdraw Tezos (XTZ) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. To withdraw your Tezos (XTZ), go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the provided drop-down box. Drop in the quantity of Tezos (XTZ) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.