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 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Horizen (ZEN) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Horizen (ZEN) Once your deposit has been approved, you'll now have access to your assets and you can launch buying and trading. To purchase Horizen (ZEN) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To spot Horizen (ZEN), you will need to put the cointype (ZEN) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we have highlighted this also. Click on “ZEN/BTC” to go ahead.
Step 4 – Purchase Horizen (ZEN) Once you've located Horizen (ZEN), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation Horizen (ZEN) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of ZEN you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of ZEN. If you are glad, make a mouse click on “Buy ZEN”. Your plan will be filled when a Seller sells their ZEN for the price you gave.
Step 5 – Withdraw Horizen (ZEN) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive period of time. To take off your Horizen (ZEN), go to the tab called “Funds” and mouse click on “Withdraw”. Horizen (ZEN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Horizen (ZEN) by using the given drop-down box. Enter the volumen of Horizen (ZEN) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via email/phone before a take off.
Kudos! You have successfully purchased and safed Horizen (ZEN) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Horizen (ZEN) is stored within your wallet, you are finished.
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