A Step-by-Step-Guide on how to buy Tezos (XTZ) in Anguilla
Step 1 – Join Coinmama You will first need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency 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 alike. 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 Crypto Trader? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been verified, you will instantly have access to your funds and you can initiate buying and trading. To invest in Tezos (XTZ) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To spot Tezos (XTZ), you'll need to put the shortname of the coin (XTZ) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we've highlighted this also. Click on “XTZ/BTC” to progress.
Step 4 – Acquisition of Tezos (XTZ) After you've spotted Tezos (XTZ), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we are making our own Limit Order. The ”Price” field will be filled with the most up-to-date rate Tezos (XTZ) was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of XTZ you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole quantity of XTZ. When you're happy, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Vender trades their XTZ for the price you introduced.
Step 5 – Withdraw Tezos (XTZ) Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. To take off 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) Find Tezos (XTZ) by using the provided drop-down box. Drop in the quantity of Tezos (XTZ) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.
Congrats! You've successfully bought and stored Tezos (XTZ) in Anguilla.That's it! Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the Tezos (XTZ) is stored in your wallet, you're all done.
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