A Step-by-Step-Guide on how to buy Tezos (XTZ) in Armenia
Step 1 – Join Kraken You will first need to purchase one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been affirmed, you will now have access to your finances and you can initiate buying and trading. To purchase (XTZ) Tezos on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. In order to discover (XTZ) Tezos, you'll need to insert the short name of the asset (XTZ) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have highlighted this also. Click on “XTZ/BTC” to continue.
Step 4 – Acquisition of (XTZ) Tezos As soon as you have spotted Tezos (XTZ), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the latest tariff Tezos (XTZ) was traded for. You can change this to your desired rate. The “Amount” field is the volumen of XTZ you wish to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of XTZ. If 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 submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time frame. To take off your Tezos (XTZ), go to the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the given drop-down box. Enter the amount of Tezos (XTZ) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.