A Step-by-Step-Guide on how to buy Horizen (ZEN) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Ethereum or Bitcoin.
Step 2 – Transfer Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Horizen (ZEN) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Horizen (ZEN) As soon as your deposit has been confirmed, you'll directly have access to your funds and you can begin invest and trading. To purchase Horizen (ZEN) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To discover Horizen (ZEN), you'll need to insert the short name of the asset (ZEN) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “ZEN/BTC” to go ahead.
Step 4 – Acquisition of Horizen (ZEN) After you have spotted Horizen (ZEN), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent rate Horizen (ZEN) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of ZEN you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of ZEN. If you are happy, make a mouse click on “Buy ZEN”. Your plan will be filled as soon as a Vender trades their ZEN for the price you gave.
Step 5 – Withdraw Horizen (ZEN) Unless you are frequently trading, you should never keepyour coins on an Exchange for an longer time frame. To withdraw your Horizen (ZEN), go to the tab called “Funds” and click on “Withdraw”. Horizen (ZEN) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Horizen (ZEN) by using the given drop-down box. Enter the quantity of Horizen (ZEN) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone before a take off.
Congratulations! You have successfully purchased and stored Horizen (ZEN) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Horizen (ZEN) is stored inside your wallet, you're done.
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