A Step-by-Step-Guide on how to buy Tezos (XTZ) in Solomon Islands
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been verified, you will instantly have access to your finances and you can begin purchasing and trading. To purchase (XTZ) Tezos on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot (XTZ) Tezos, you will need to put the short name of the asset (XTZ) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we've marked this too. Click on “XTZ/BTC” to go on.
Step 4 – Purchase (XTZ) Tezos As soon as you've found Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff Tezos (XTZ) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of XTZ you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of XTZ. When you're glad, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vendor trades their XTZ for the price you gave.
Step 5 – Withdraw Tezos (XTZ) Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive time period. In order to withdraw your Tezos (XTZ), go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Enter the amount of (XTZ) Tezos you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You could be asked for email/phone verification before a take off.