A Step-by-Step-Guide on how to buy Tezos (XTZ) in Sao Tome And Principe
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (XTZ) Tezos As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can start buying and trading. To purchase Tezos (XTZ) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. In order to find Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Acquisition of (XTZ) Tezos As soon as you've discovered (XTZ) Tezos, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're creating our Limit Order. The “Price” field will be filled automatically with the latest valuation Tezos (XTZ) was traded for. You can change this to your desired price. The “Amount” field is the volumen of XTZ you wish to purchase. The “Total” field is the total price in BTC that you'll pay for the whole quantity of XTZ. When you're satisfied, click on “Buy XTZ”. Your plan will be filled when a Seller sells their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your (XTZ) Tezos, go to the “Funds” tab and mouse click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Put into the quantity of (XTZ) Tezos you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.