A Step-by-Step-Guide on how to buy Tezos (XTZ) in Togo
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting your welcome $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (XTZ) Tezos Once your deposit has been approved, you will immediately have access to your finances and you can start buying and trading. To purchase Tezos (XTZ) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover (XTZ) Tezos, you will need to put the shortname of the coin (XTZ) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “XTZ/BTC” to proceed.
Step 4 – Acquisition of (XTZ) Tezos Once you've found (XTZ) Tezos, 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 picture). Next we are making our Limit Order. The “Price” field will be automatically filled with the latest price (XTZ) Tezos was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of XTZ you like to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the whole amount of XTZ. If you're satisfied, make a mouse 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 trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time period. To take off your Tezos (XTZ), hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the provided drop-down box. Drop in the amount of (XTZ) Tezos you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.