A Step-by-Step-Guide on how to buy Tezos (XTZ) in San Marino
Step 1 – Signup to Kraken You will first need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Tezos (XTZ) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can initiate invest and trading. To invest in Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate (XTZ) Tezos, you'll need to put the cointype (XTZ) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Buying (XTZ) Tezos As soon as you've found Tezos (XTZ), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The “Price” field will be filled automatically with the up-to-date price (XTZ) Tezos was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of XTZ you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole quantity of XTZ. When you're satisfied, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Seller sells their XTZ for the price you gave.
Step 5 – Withdraw (XTZ) Tezos Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extensive period of time. To take off your (XTZ) Tezos, hover over 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 amount of Tezos (XTZ) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.