A Step-by-Step-Guide on how to buy Tezos (XTZ) in Saint Lucia
Step 1 – Signup to CEX.io You will first need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and getting your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been verified, you'll instantly have access to your finances and you can start invest and trading. To buy Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot (XTZ) Tezos, you will need to insert the cointype (XTZ) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we have marked this also. Click on “XTZ/BTC” to proceed.
Step 4 – Acquisition of Tezos (XTZ) As soon as you've located (XTZ) Tezos, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The “Price” field will be filled with the recent price (XTZ) Tezos was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of XTZ you want to buy. The “Total” field is the whole price in BTC that you will pay for the whole volumen of XTZ. If you are satisfied, click on “Buy XTZ”. Your order will be filled as soon as a Vendor trades their XTZ for the price you offered.
Step 5 – Withdraw Tezos (XTZ) Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. To take off your (XTZ) Tezos, hover over the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the provided drop-down box. Enter the volumen of Tezos (XTZ) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.