How to Buy Tezos (XTZ) in Azerbaijan

A Step-by-Step-Guide on how to buy Tezos (XTZ) in Azerbaijan

Step 1 – Join CEX.io

You'll first need to buy units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find (XTZ) Tezos

As soon as your deposit has been confirmed, you'll directly have access to your finances and you can start purchasing and trading. To purchase (XTZ) Tezos on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot (XTZ) Tezos, you will need to insert the short name of the asset (XTZ) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this too. Click on “XTZ/BTC” to advance.

Step 4 – Purchase (XTZ) Tezos

As soon as you have spotted (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date tariff Tezos (XTZ) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of XTZ you wish to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the whole volumen of XTZ.

If you are satisfied, make a mouse click on “Buy XTZ”. Your plan will be filled when a Seller sells their XTZ for the price you gave.

Step 5 – Withdraw (XTZ) Tezos

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

Find (XTZ) Tezos by using the given drop-down box. Put into the amount of Tezos (XTZ) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you are happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Congrats! You've successfully purchased and stored Tezos (XTZ) in Azerbaijan.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (XTZ) Tezos is stored inside your wallet, you are done.