A Step-by-Step-Guide on how to buy Tezos (XTZ) in China
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and getting your welcome 10$.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency 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 example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (XTZ) Tezos Once your deposit has been approved, you'll instantly have access to your assets and you can begin buying and trading. To purchase Tezos (XTZ) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate (XTZ) Tezos, you'll need to insert the cointype (XTZ) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “XTZ/BTC” to progress.
Step 4 – Acquisition of Tezos (XTZ) Once you've discovered Tezos (XTZ), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Tezos (XTZ) was sold for. You can change this to your desired rate. The “Amount” field is the amount of XTZ you want to buy. The “Total” field is the total price in BTC that you'll settle for the complete volumen of XTZ. When you are glad, click on “Buy XTZ”. Your order will be filled as soon as a Vender trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. In order to withdraw your Tezos (XTZ), hover over the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the given drop-down box. Drop in the amount of Tezos (XTZ) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.