How to Buy Tezos (XTZ)

A Step-by-Step-Guide on 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.

Binance Signup
Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've selected the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate Tezos (XTZ)

Once your deposit has been approved, you'll immediately have access to your assets and you can launch purchasing and trading. To invest in Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find Tezos (XTZ), you will need to insert the cointype (XTZ) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this too. Click on “XTZ/BTC” to proceed.

Binance Hot To Buy Tezos (XTZ)
Binance How to Buy (XTZ) Tezos
Step 4 – Purchasing Tezos (XTZ)

As soon as you've found Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff Tezos (XTZ) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of XTZ you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole amount of XTZ.

If you are satisfied, click on “Buy XTZ”. Your plan will be filled as soon as a Vendor trades their XTZ for the price you introduced.

Step 5 – Withdraw Tezos (XTZ)

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

Locate Tezos (XTZ) by using the given drop-down box. Drop in the volumen of Tezos (XTZ) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored Tezos (XTZ).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (XTZ) Tezos is safe inside your wallet, you are all done.

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