A Step-by-Step-Guide on how to buy Tezos (XTZ) in Saint Helena
Step 1 – Join Kraken You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and to get your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) 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 illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (XTZ) Tezos As soon as your deposit has been confirmed, you will instantly have access to your funds and you can start invest and trading. To invest in Tezos (XTZ) on Binance, you'll want to go to the “Exchange” tab and then 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 grouping, we've highlighted this also. Click on “XTZ/BTC” to advance.
Step 4 – Buy (XTZ) Tezos As soon as you've discovered Tezos (XTZ), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The “Price” field will be filled with the most up-to-date tariff Tezos (XTZ) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of XTZ you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of XTZ. When you're happy, click on “Buy XTZ”. Your order will be filled when a Vendor sells their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your (XTZ) Tezos, go to the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the provided drop-down box. Put into the volumen of (XTZ) Tezos you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.