A Step-by-Step-Guide on how to buy Tezos (XTZ) in Trinidad And Tobago
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Tezos (XTZ) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can begin purchasing and trading. To buy 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 spot (XTZ) Tezos, you will need to put the shortname of the coin (XTZ) into the search box, which is marked in the image. Make sure you have selected the proper grouping, we've highlighted this too. Click on “XTZ/BTC” to progress.
Step 4 – Purchase Tezos (XTZ) After you've spotted Tezos (XTZ), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff Tezos (XTZ) was sold for. You can change this to your preferred price. The “Amount” field is the quantity of XTZ you wish to buy. The “Total” field is the total price in Bitcoin that you'll settle for the whole quantity of XTZ. If you're satisfied, click on “Buy XTZ”. Your order will be filled as soon as a Vendor sells their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to take off your (XTZ) Tezos, go to the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Put into the quantity of Tezos (XTZ) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.