A Step-by-Step-Guide on how to buy Tezos (XTZ) in Papua New Guinea
Step 1 – Signup to CEX.io You will first need to buy units of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (XTZ) Tezos Once your deposit has been verified, you will instantly have access to your funds and you can launch buying and trading. To buy Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to locate Tezos (XTZ), you'll need to put the shortname of the coin (XTZ) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we have marked this too. Click on “XTZ/BTC” to progress.
Step 4 – Acquisition of Tezos (XTZ) After you've located (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate Tezos (XTZ) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of XTZ you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of XTZ. If you're glad, click on “Buy XTZ”. Your order will be filled as soon as a Seller sells their XTZ for the price you introduced.
Step 5 – Withdraw (XTZ) Tezos Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an extended period of time. To withdraw your (XTZ) Tezos, hover over the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Enter the amount of (XTZ) Tezos you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.