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HomepageHow to buy cryptoHow to Buy
Update Time: 2023-09-25

How to Buy

More and more people are wondering how to buy as these coins are very popular on the market

5 steps to buy on BYDFi

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    Open BYDFi account for free

    Sign up for BYDFi with your email/mobile number and create a strong password to protect your account

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    Keep your account safe

    Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.

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    Verify account

    Enter your personal information and upload a photo of your valid ID cardVerify your personal identity

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    Add payment method

    Once your BYDFi account is verified, add credit/debit card or bank account

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    Buy

    There are various payment methods available to purchase XTZ on BYDFi. We'll guide you through it

Choose how to purchase XTZ on BYDFi

Buying coins on BYDFi is easy and convenient. Explore different ways to buy

  • 1

    Buy with credit/debit card

    This is the easiest way for new users to buy (XTZ). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete

  • 2

    Buy through third-party channels

    BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area

  • 3

    Buy on BYDFi's Spot market

    BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:
    1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.
    2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
    common-how-to-buy-tips-0Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here
    3. After a successful trade, you can view the available in your account

How to store ?

The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store

Store XTZ in your BYDFi account

Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets

Deposit your XTZ to the wallet

「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .

How you can use with BYDFi

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Hold

Store in your BYDFi account.

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Trade

Trade in spot and futures markets.

Why is BYDFi the best platform to buy ?

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    Safe and reliable

    Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.

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    High liquidity

    BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads

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    Gem cryptocurrency platform

    Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy XTZ on BYDFi and use it to exchange other crypto assets.

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    Friendly interface

    Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive XTZ

Trade

    Answers

    Is Tezos (XTZ) a Good Investment?

    What makes Tezos unique is its low-energy operations and low transactions, making it a far more sustainable platform for dApps than Ethereum network. Due to these strengths, innovation and growth in the Web 3.0 sector can drive up the Tezos price as it is an attractive platform for dApps. As a robust platform for NFTs, the growth of the NFT market could also propel Tezos into the limelight and increase its value. The XTZ price statistics could enjoy a push from an uptick in NFT-related development on the Tezos blockchain network in the future. The Tezos team has been improving the interconnectivity between its ecosystem and Ethereum through bridges. Such developments that can support the transfer of data and assets between the two blockchains can further drive up the demand for the Tezos blockchain, increase on-chain activity and support the XTZ value. As one of the largest cryptocurrencies by market cap, Tezos also stands to make gains when the mood in the crypto market turns upbeat. Bullish sentiment among crypto investors, in general, could drive up buying activity in Tezos and drive the XTZ price higher, making it an attractive investment to consider.

    How to Stake Tezos (XTZ)

    You can stake Tezos using several digital wallets and DeFi platforms that support this function for the XTZ token. Here are the steps to stake XTZ via Temple wallet, one of the wallets running on the Tezos blockchain:

    1. Becoming a node on the Tezos PoS network and validating transactions is called baking, and the nodes are called bakers. To bake blocks on the network, you need to stake a minimum of 8,000 XTZ and run your node to validate transactions.

    2. You can also delegate your XTZ tokens to existing nodes or bakers within the network and sit back to earn rewards from their efforts.

    3. Install the Tezos wallet Temple on your computers browser as a web extension. Supported browsers include Google Chrome, Brave, Mozilla Firefox, Microsoft Edge, Safari, Opera, Vivaldi, and Yandex Browser.

    4. Set up an account on Temple if you are a new user. You can also import or restore any existing wallet on your Temple account.

    5. Head to BYDFi or any other platform to buy XTZ tokens and add funds to your wallet.

    6. Copy your Temple wallet address and withdraw the XTZ crypto you have bought from the exchange by entering the address here to initiate the transfer of tokens. 7. Head to the Delegation tab in your Temple wallet to delegate your XTZ tokens to existing bakers within the Tezos network.

    8. Enter the number of tokens you wish to delegate to the baker you choose and click on Confirm to process the transaction.

    9. Sit back and earn your XTZ rewards from staking Tezos.

    How to Transfer XTZ From Tezos Wallet to BYDFi Exchange?

    While there is no official Tezos wallet, the blockchain does support several digital wallets within its ecosystem that can store XTZ. Here's how you can transfer your XTZ crypto from a Tezos wallet and into your BYDFi trading account:

    1. Set up your account on BYDFi if you have not already done so. Copy your BYDFi wallet address and keep it handy.

    2. Head to Temple wallet and log in to your account. Make sure you have sufficient XTZ funds in your wallet.

    3. Select the Send option and enter your BYDFi trading account wallet address here.

    4. Enter the number of XTZ tokens you wish to send from Temple to BYDFi.

    5. Verify the transaction details and click on Confirm to transfer XTZ crypto from your Temple wallet into your trading account on BYDFi.

    6. Once the XTZ crypto arrives in your BYDFi account, proceed to sell Tezos or use the Crypto Lending feature to earn passive income on the platform.

    Price analysis

    Real-time price

    XTZ today's price is USD, its Reduce 0% over the past week, and Reduce % over the past 24 hours

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    Lowest price $ --
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    Disclaimer

    Due to the volatile market nature of cryptocurrencies, prices are subject to market influences and price fluctuations. We recommend that you clearly understand the operating principles and associated risks of digital assets before investing in digital assets. Other factors you need to consider when developing a cryptocurrency investment strategy include your experience, financial situation, investment goals and risk tolerance. You should also consult a financial advisor before purchasing cryptocurrency. None of the above information constitutes financial advice and past market performance cannot accurately predict future performance. The value of your investments and the value of your assets may change as market conditions change and there is no guarantee that you will get your investment back or make a profit on your investment. Your investment decisions are entirely your responsibility and BYDFi is not responsible for any losses you may incur while purchasing cryptocurrencies on the platform. We rely on third party sources of information regarding prices and other cryptocurrency-related information listed above and we are not responsible for the reliability or accuracy of such information. The information provided to you is for reference only, BYDFi does not guarantee this information.

    avatarJulia MayrhauserNov 22, 2021 · 3 years ago0 answers

    What are the potential use cases for XTZ in the finance industry?

    Can you provide some examples of how XTZ can be used in the finance industry?

    XTZ
    Finance
    Use Cases
    What are the potential use cases for XTZ in the finance industry?