A Step-by-Step-Guide on how to buy Tezos (XTZ) in Reunion
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (XTZ) Tezos Once your deposit has been approved, you'll directly have access to your finances and you can start purchasing and trading. To purchase Tezos (XTZ) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate Tezos (XTZ), you'll need to insert the shortname of the coin (XTZ) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “XTZ/BTC” to continue.
Step 4 – Buy Tezos (XTZ) Once you've found Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are making our Limit Order. The “Price” field will be filled with the up-to-date tariff (XTZ) Tezos was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of XTZ you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of XTZ. When you are happy, click on “Buy XTZ”. Your order will be filled as soon as a Vender sells their XTZ for the price you gave.
Step 5 – Withdraw (XTZ) Tezos Unless you are regularly trading, never keep your coins on an Crypto Exchange for an extensive time period. To withdraw your Tezos (XTZ), go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the given drop-down box. Drop in the volumen of Tezos (XTZ) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.