A Step-by-Step-Guide on how to buy Zel (ZEL)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome 10 Dollar.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Zel (ZEL) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (ZEL) Zel As soon as your deposit has been verified, you will directly have access to your assets and you can initiate buying and trading. To buy (ZEL) Zel on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to spot (ZEL) Zel, you will need to insert the short name of the asset (ZEL) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've highlighted this also. Click on “ZEL/BTC” to go ahead.
Step 4 – Purchase Zel (ZEL) After you have spotted Zel (ZEL), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Zel (ZEL) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of ZEL you wish to buy. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of ZEL. If you're happy, make a mouse click on “Buy ZEL”. Your order will be filled when a Vender sells their ZEL for the price you gave.
Step 5 – Withdraw Zel (ZEL) Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your Zel (ZEL), go to the ”Funds” tab and mouse click on “Withdraw”. Zel (ZEL) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Zel (ZEL) by using the provided drop-down box. Enter the quantity of Zel (ZEL) you would like to withdraw. Don't forget the displayed minimus/fees. 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.