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How to Buy Zilliqa (ZIL)

A Step-by-Step-Guide on how to buy Zilliqa (ZIL)

Step 1 – Signup to CEX.io

You will first need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and to get your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Zilliqa (ZIL) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have selected the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find Zilliqa (ZIL)

Once your deposit has been affirmed, you will immediately have access to your finances and you can commence purchasing and trading. To invest in Zilliqa (ZIL) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot Zilliqa (ZIL), you will need to put the short name of the asset (ZIL) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “ZIL/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Zilliqa (ZIL)
Step 4 – Purchasing Zilliqa (ZIL)

After you've found Zilliqa (ZIL), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside 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 recent price Zilliqa (ZIL) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of ZIL you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of ZIL.

When you're glad, make a mouse click on “Buy ZIL”. Your plan will be filled when a Vendor sells their ZIL for the price you gave.

Step 5 – Withdraw Zilliqa (ZIL)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. In order to take off your Zilliqa (ZIL), go to the ”Funds” tab and mouse click on “Withdraw”. Zilliqa (ZIL) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Zilliqa (ZIL) by using the provided drop-down box. Put into the quantity of Zilliqa (ZIL) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully bought and safed Zilliqa (ZIL).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the Zilliqa (ZIL) is safe in your wallet, you're done.

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