How to Buy Tezos (XTZ)

Step 1 – Join Kraken

You will first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate Tezos (XTZ)

Once your deposit has been approved, you will now have access to your funds and you can start buying and trading. To buy Tezos (XTZ) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot Tezos (XTZ), you'll need to put the short name of the asset (XTZ) into the search box, which is marked in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “XTZ/BTC” to go ahead.

Step 4 – Acquisition of Tezos (XTZ)

After you have discovered Tezos (XTZ), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The ”Price” field will be filled with the most up-to-date rate Tezos (XTZ) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of XTZ you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of XTZ.

When you're happy, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vendor sells their XTZ for the price you gave.

Step 5 – Withdraw Tezos (XTZ)

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extensive period of time. In order to take off your Tezos (XTZ), hover over the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Tezos (XTZ) by using the given drop-down box. Put into the volumen of Tezos (XTZ) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.