A Step-by-Step-Guide on how to buy Tezos (XTZ) in Tuvalu
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and to get your welcome $10.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in (XTZ) Tezos on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. To find Tezos (XTZ), you will need to insert the short name of the asset (XTZ) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “XTZ/BTC” to advance.
Step 4 – Acquisition of Tezos (XTZ) Once you've spotted (XTZ) Tezos, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to create our Limit Order. The field with the “Price” tag will be filled with the recent valuation Tezos (XTZ) was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of XTZ you wish to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the complete volumen of XTZ. When you are satisfied, make a mouse click on “Buy XTZ”. Your order will be filled when a Vender sells their XTZ for the price you offered.
Step 5 – Withdraw Tezos (XTZ) Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extended time period. To withdraw your (XTZ) Tezos, hover over the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Put into the volumen of Tezos (XTZ) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for email/phone verification before a withdrawal.