Tezos buy fast and easy: step-by-step instructions
Home guide on crypto currencies buy Tezos buy fast and easy: step-by-step instructions
Marcel Knobloch –
The crypto-currency Tezos is already launched in the year 2014, appeared but not until the summer of last year (2017) for the first time prominently on the crypto market. The Blockchain of Tezos is adaptable to the stakeholders ‘ active participation in legislation on the future development of the Coins.
The more Tezos Coins are held by a Person, the more weight is given to his voice during the voting process. The model was designed by the Swiss Tezos Foundation, where much of the development work by the company Dynamic Ledger Solutions, Inc. Has been carried out.
Crypto-currencies like Monero the ZCash feature completely anonymous, untraceable transactions. This Feature should be implemented in Tezos. This is a great plus point for all the investors who place a high value on privacy and data protection.
Recently, the Tezos Foundation released their in-house Beta-network. In this environment, all new features are tested in order to bring then in the main chain. The programming language used is limited to Ocaml, as well as Michelson, the latter is mainly for the design of Smart Contracts is responsible.
Tezos is a young Coin, whose full potential has yet to be unfolded, so now might be a good time to invest in the digital currency because the rate can increase over the long term. We will show you below how to do this quickly and easily.
- Step: trusted stock exchange
Tezos is currently traded on very few exchanges. A good Alternative, however, is a in Europe well-established stock exchange – HitBTC.
HitBTC is an Exchange, which was founded in 2013 in London and since 2015 with the competent financial supervision authority is registered. As measured by the trading volume of HitBTC is one of the leading stock exchanges for digital currencies in Europe and offers a reliable Service and Support.
The application works fast and simple, so you within a few minutes with the purchase of Tezos can start.
- Step: Sign up
In order to register for HitBTC an E-Mail address and a password is required.
Right after you click on the Button “Register” is clicked you will be sent a confirmation mail containing a Link you must click to complete your registration.
- Step: verification and additional information
The full functions of the stock market, you need to verify you. If you do not do this you are wearing the Status of “General”. In this Status, you can no Fiat Deposit money, but only Bitcoin, Ethereum, or Tether to your Wallet transfer and this balance then to trade for Tezos use. Depending on which way you want to, a verification is required or not.
Generally speaking, the fees at HitBTC are to be classified in comparison to other stock exchanges is low. Both the Deposit and the payment of crypto-currencies, without Limit at any time.
The minimum amount for a payout of the respective digital currency-dependent and is also determined by the network for a fee. A minimum payment amount for crypto-currencies.
For orders which cannot be executed immediately will be granted a discount of 0.01%. For all other transactions, a fee of 0.1% will be levied per cent.
Sepa withdrawals which correspond to a value of 50,000 US dollars, kostetn a flat rate of 1 Dollar.
- Step Tezos buy
To buy Tezos on HitBTC, there are various possibilities. Here, the exchange of pairs of BTC, ETH, and USDT are available. This means that you either Bitcoin, Ethereum, or Tether on the stock exchange to Deposit and then against Tezos (XTZ) trade.
Of course you can Deposit Fiat money and then buy BTC and then against Tezos buy. You must, however, have reached the first verification level. The testing is extensive and often takes several days.
As you can see, the Exchange is ready to provide a lot of different ways. We show examples of how a purchase of Tezos against Bitcoin works.
- Step Exchange Buy
After you have successfully logged in, click on the top right in the Navigation on Deposit. Now, you will see your Account Overview. As already explained, you need to BTC, ETH, or USDT Deposit to swap this against Tezos.
Here, Deposit Bitcoin, you select to create a receiving address (Receiving address) for Bitcoin. On this address you pay your Bitcoin. If you have Bitcoin on another Exchange are you can send them to the generated Wallet address. If you don’t have a Bitcoin, you can either buy them on HitBTC itself, or in the case of bitcoin.de .
The Bitcoin should be displayed within 24 hours in your Wallet at HitBTC.
At HitBTC, there is a distinction between “Main Account” and “Trading Account”. To buy Tezos you have to move your Bitcoin in the trading account. This works very simply using the arrows under the tab “Transfer”.
With the arrow to the right of you and pushes your Bitcoin in the Trading Account and you can immediately go out and Tezos buy.
As a next step you got to the top of the Navigation on the Exchange and then “instrument click.
In our example, we type in the search box at the XTZ’s look at a the Krytowährung Tezos. Furthermore, we want to exchange BTC against the XTZ, that’s why we select the “instrument” BTC. Then the price of BTC for XTZ will be displayed.
If you’ve clicked on the XTZ, a Box will appear on the you Tezos can buy. Here you can choose whether you want to buy Tezos to the current market price or Limit Order. The simplest solution is to buy for beginners Tezos to the current market price. Select the tab “Market”.
Now you have to in the field “Amount” enter how much Tezos you want to buy. The total purchase price will be automatically displayed in the field “Total”. But you can also enter how much BTC you Tezos want to and this value exchange is first entered. In both variants, the corresponding values are then calculated and displayed. In our example, we want to buy 100 Tezos:
The trade fee is 0.1 %. If you now click on “Buy Market”, running of your transaction and you will receive 100 Tezos on your Tezos-Wallet transferred. The exchange is accepted, and promptly completed. You can then look at your Wallet and assure you that the amount is also really arrived.
You want to stand out Tezos of your Wallet, you have it from the Trading Account slide first, in the Main Account. This detour is unfortunately a bit cumbersome, but to send required to Tezos to an external Wallet.
If this sounds a little too time-consuming and risky, you’re still relatively new in the crypto business, we understand the. We advise then to a trusted, regulated Broker like eToro. Here you can only have a limited selection of well-known, large Coins to buy, such as Ethereum, Ripple or Bitcoin, but you’re on the safe side and reduce your risk to a Minimum. Now with eToro start!
If you have any questions, write a comment and we will help you immediately!