A Step-by-Step-Guide on how to buy Tezos (XTZ) in West Bank
Step 1 – Signup to CEX.io You will first need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. 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 Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Tezos (XTZ) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can start purchasing and trading. To buy Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to spot (XTZ) Tezos, you will need to insert the cointype (XTZ) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we have marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Buying Tezos (XTZ) After you've spotted Tezos (XTZ), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price Tezos (XTZ) was sold for. This can be changed to your preferred price. The “Amount” field is the amount of XTZ you like to buy. The “Total” field is the whole price in BTC that you'll pay for the whole quantity of XTZ. If you're glad, click on “Buy XTZ”. Your order will be filled as soon as a Vender trades their XTZ for the price you gave.
Step 5 – Withdraw (XTZ) Tezos Unless you're trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. 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, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the provided drop-down box. Drop in the quantity of (XTZ) Tezos you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be requested for email/phone verification before a take off.