A Step-by-Step-Guide on how to buy Zilliqa (ZIL)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your welcome 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Zilliqa (ZIL) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (ZIL) Zilliqa As soon as your deposit has been approved, you will directly have access to your assets and you can launch invest and trading. To invest in Zilliqa (ZIL) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate Zilliqa (ZIL), you will need to insert the cointype (ZIL) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we have highlighted this too. Click on “ZIL/BTC” to go ahead.
Step 4 – Purchase Zilliqa (ZIL) After you have found (ZIL) Zilliqa, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff (ZIL) Zilliqa was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of ZIL you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of ZIL. When you are happy, click on “Buy ZIL”. Your order will be filled as soon as a Seller sells their ZIL for the price you gave.
Step 5 – Withdraw Zilliqa (ZIL) Unless you are regularly trading, you should never keepyour coins on an Crypto Trader for an extensive time frame. In order to take off your Zilliqa (ZIL), hover over the “Funds” tab and click on “Withdraw”. (ZIL) Zilliqa can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ZIL) Zilliqa by using the provided drop-down box. Enter the amount of (ZIL) Zilliqa you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.