A Step-by-Step-Guide on how to buy Tezos (XTZ) in Reunion
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome 10$.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto 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. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been approved, you will directly have access to your finances and you can launch invest and trading. To invest in (XTZ) Tezos on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. In order to discover Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we have marked this also. Click on “XTZ/BTC” to go on.
Step 4 – Purchase Tezos (XTZ) As soon as you've spotted (XTZ) Tezos, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date rate (XTZ) Tezos was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XTZ you wish to buy. The “Total” field is the total price in BTC that you will settle for the complete amount of XTZ. If you're glad, click on “Buy XTZ”. Your plan will be filled when a Vender trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you are trading, never keep your crypto coins on an Crypto Exchange for an longer period of time. To withdraw your (XTZ) Tezos, hover over the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Enter the quantity of Tezos (XTZ) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.