A Step-by-Step-Guide on how to buy Tezos (XTZ) in United States
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get your welcome $10.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Tezos (XTZ) Once your deposit has been affirmed, you'll now have access to your finances and you can begin buying and trading. To buy (XTZ) Tezos on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. To spot Tezos (XTZ), you will need to put the short name of the asset (XTZ) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we have marked this too. Click on “XTZ/BTC” to proceed.
Step 4 – Buy (XTZ) Tezos As soon as you have found (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our Limit Order. The “Price” field will be filled with the most up-to-date rate Tezos (XTZ) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of XTZ you like to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the whole volumen of XTZ. When you are happy, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Vendor trades their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you're trading, you should never keepyour crypto coins on an Exchange for an extensive time period. In order to withdraw your Tezos (XTZ), hover over the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the given drop-down box. Enter the amount of Tezos (XTZ) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.