A Step-by-Step-Guide on how to buy Tezos (XTZ) in Saint Kitts And Nevis
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been confirmed, you'll directly have access to your funds and you can start buying and trading. To buy (XTZ) Tezos on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot Tezos (XTZ), you'll need to put the short name of the asset (XTZ) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this too. Click on “XTZ/BTC” to go ahead.
Step 4 – Purchase (XTZ) Tezos As soon as you have spotted (XTZ) Tezos, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation (XTZ) Tezos was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of XTZ you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of XTZ. If you are satisfied, click on “Buy XTZ”. Your order will be filled when a Seller trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extended period of time. To take off your Tezos (XTZ), go to the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Drop in the volumen of Tezos (XTZ) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.