A Step-by-Step-Guide on how to buy Tezos (XTZ) in Sint Maarten
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Tezos (XTZ) Once your deposit has been confirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To purchase (XTZ) Tezos on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To discover Tezos (XTZ), you will need to insert the cointype (XTZ) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we've highlighted this too. Click on “XTZ/BTC” to go on.
Step 4 – Acquisition of (XTZ) Tezos As soon as you've located (XTZ) Tezos, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation (XTZ) Tezos was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of XTZ you like to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the complete amount of XTZ. If you are glad, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vender trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you're regularly trading, never keep your coins on an Exchange for an extended time period. In order to take off your (XTZ) Tezos, hover over the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Put into the amount of (XTZ) Tezos you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.