A Step-by-Step-Guide on how to buy Zilliqa (ZIL)
Step 1 – Join CEX.io You'll first need to buy one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Zilliqa (ZIL) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Zilliqa (ZIL) Once your deposit has been approved, you will instantly have access to your assets and you can begin invest and trading. To invest in Zilliqa (ZIL) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to locate Zilliqa (ZIL), you will need to insert the shortname of the coin (ZIL) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we've marked this also. Click on “ZIL/BTC” to go on.
Step 4 – Purchase Zilliqa (ZIL) Once you've discovered Zilliqa (ZIL), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our Limit Order. The ”Price” field will be automatically filled with the up-to-date tariff Zilliqa (ZIL) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of ZIL you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of ZIL. If you're happy, make a mouse click on “Buy ZIL”. Your plan will be filled when a Vender trades their ZIL for the price you gave.
Step 5 – Withdraw Zilliqa (ZIL) Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. In order to take off your Zilliqa (ZIL), hover over the tab called “Funds” and mouse click on “Withdraw”. Zilliqa (ZIL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Zilliqa (ZIL) by using the given drop-down box. Put into the amount of Zilliqa (ZIL) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.