A Step-by-Step-Guide on how to buy Tezos (XTZ) in Virgin Islands
Step 1 – Join CEX.io You will first need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Tezos (XTZ) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Tezos (XTZ) As soon as your deposit has been approved, you will now have access to your funds and you can start purchasing and trading. To invest in (XTZ) Tezos on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To locate (XTZ) Tezos, you'll need to put the shortname of the coin (XTZ) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “XTZ/BTC” to go on.
Step 4 – Buy (XTZ) Tezos Once you have discovered (XTZ) Tezos, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to create our Limit Order. The “Price” field will be automatically filled with the most up-to-date tariff (XTZ) Tezos was traded for. This can be changed to your desired rate. The “Amount” field is the amount of XTZ you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of XTZ. When you're happy, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vendor trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you're frequently trading, you should never keepyour crypto on an Exchange for an extended time period. In order to withdraw your Tezos (XTZ), hover over the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the given drop-down box. Put into the amount of (XTZ) Tezos you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, click on “Submit”. You could be requested for verfication via email/phone before a take off.