A Step-by-Step-Guide on how to buy Zeitcoin (ZEIT)
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Zeitcoin (ZEIT) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Zeitcoin (ZEIT) As soon as your deposit has been affirmed, you will now have access to your finances and you can begin buying and trading. To purchase Zeitcoin (ZEIT) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to spot Zeitcoin (ZEIT), you will need to insert the cointype (ZEIT) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “ZEIT/BTC” to proceed.
Step 4 – Buying Zeitcoin (ZEIT) As soon as you have discovered Zeitcoin (ZEIT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation Zeitcoin (ZEIT) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of ZEIT you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of ZEIT. If you are satisfied, make a mouse click on “Buy ZEIT”. Your order will be filled as soon as a Vendor sells their ZEIT for the price you introduced.
Step 5 – Withdraw Zeitcoin (ZEIT) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To take off your Zeitcoin (ZEIT), hover over the ”Funds” tab and click on “Withdraw”. Zeitcoin (ZEIT) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Zeitcoin (ZEIT) by using the provided drop-down box. Drop in the amount of Zeitcoin (ZEIT) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click “Submit”. You may be requested for phone/email verification before a withdrawal.