A Step-by-Step-Guide on how to buy Tezos (XTZ) in Portugal
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive your welcome Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Tezos (XTZ) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (XTZ) Tezos Once your deposit has been affirmed, you'll now have access to your finances and you can begin buying and trading. To purchase Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To find Tezos (XTZ), you will need to insert the shortname of the coin (XTZ) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “XTZ/BTC” to go on.
Step 4 – Acquisition of Tezos (XTZ) Once you have located (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order. The “Price” field will be filled automatically with the most up-to-date rate Tezos (XTZ) was traded 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 total price in BTC that you'll pay for the whole amount of XTZ. If you are happy, click on “Buy XTZ”. Your order will be filled when a Seller sells their XTZ for the price you offered.
Step 5 – Withdraw Tezos (XTZ) Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Tezos (XTZ), go to the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the given drop-down box. Put into the quantity of (XTZ) Tezos you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.