A Step-by-Step-Guide on how to buy Tezos (XTZ) in Sweden
Step 1 – Signup to Kraken You will first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate (XTZ) Tezos Once your deposit has been confirmed, you'll immediately have access to your assets and you can begin purchasing and trading. To invest in Tezos (XTZ) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover (XTZ) Tezos, you will need to put the cointype (XTZ) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “XTZ/BTC” to proceed.
Step 4 – Purchasing Tezos (XTZ) Once you've discovered Tezos (XTZ), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be filled with the most recent tariff Tezos (XTZ) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XTZ you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of XTZ. If you are happy, click on “Buy XTZ”. Your order will be filled when a Seller sells their XTZ for the price you gave.
Step 5 – Withdraw (XTZ) Tezos Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an longer time period. To take off your (XTZ) Tezos, go to the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the provided drop-down box. Enter the quantity of Tezos (XTZ) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.