A Step-by-Step-Guide on how to buy Tezos (XTZ) in Philippines
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Tezos (XTZ) As soon as your deposit has been verified, you will instantly have access to your finances and you can commence purchasing and trading. To buy (XTZ) Tezos on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to find (XTZ) Tezos, you will need to insert the short name of the asset (XTZ) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have marked this also. Click on “XTZ/BTC” to continue.
Step 4 – Purchase Tezos (XTZ) After you've found (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The “Price” field will be filled with the most up-to-date price Tezos (XTZ) was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of XTZ you want to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of XTZ. When you're happy, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vendor trades their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. To withdraw your (XTZ) Tezos, go to the “Funds” tab and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Enter the volumen of Tezos (XTZ) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.