A Step-by-Step-Guide on how to buy Tezos (XTZ) in Solomon Islands
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been verified, you'll immediately have access to your assets and you can start buying and trading. To buy Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To find Tezos (XTZ), you'll need to insert the shortname of the coin (XTZ) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we've marked this too. Click on “XTZ/BTC” to go ahead.
Step 4 – Purchasing (XTZ) Tezos After you have spotted (XTZ) Tezos, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our own Limit Order. The “Price” field will be filled with the recent rate Tezos (XTZ) was sold for. You can change this to your preferred price. The “Amount” field is the amount of XTZ you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of XTZ. When you are satisfied, click on “Buy XTZ”. Your plan will be filled as soon as a Vendor sells their XTZ for the price you gave.
Step 5 – Withdraw Tezos (XTZ) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. In order to take off your Tezos (XTZ), hover over the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Put into the volumen of Tezos (XTZ) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.