A Step-by-Step-Guide on how to buy Tezos (XTZ) in Tonga
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and to get your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can commence buying and trading. To invest in Tezos (XTZ) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. In order to discover (XTZ) Tezos, you'll need to insert 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 have marked this also. Click on “XTZ/BTC” to continue.
Step 4 – Buy Tezos (XTZ) As soon as you've located (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our Limit Order. The “Price” field will be automatically filled with the most latest rate Tezos (XTZ) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of XTZ you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of XTZ. If you are happy, click on “Buy XTZ”. Your plan will be filled as soon as a Seller sells their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an longer time period. To take off your (XTZ) Tezos, go to the “Funds” tab and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the given drop-down box. Drop in the volumen of (XTZ) Tezos you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.