A Step-by-Step-Guide on how to buy Tezos (XTZ) in Sierra Leone
Step 1 – Join Kraken You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've 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. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate buying and trading. To buy (XTZ) Tezos on Binance, you'll want to go to the tab which is called “Exchange” and 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 marked in the graphic. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “XTZ/BTC” to progress.
Step 4 – Purchasing (XTZ) Tezos After you have located Tezos (XTZ), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our Limit Order. The “Price” field will be filled with the recent rate Tezos (XTZ) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XTZ you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of XTZ. When you are satisfied, make a mouse click on “Buy XTZ”. Your order will be filled when a Vender trades their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. To take off your (XTZ) Tezos, hover over the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Enter the volumen of Tezos (XTZ) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.