How to Buy Tezos (XTZ) in Bahamas

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome 10$.

Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Locate (XTZ) Tezos

Once your deposit has been verified, you will directly have access to your funds and you can launch purchasing and trading. To purchase (XTZ) Tezos on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot (XTZ) Tezos, you will need to insert the cointype (XTZ) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “XTZ/BTC” to go ahead.

Step 4 – Buying Tezos (XTZ)

Once you have found (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order.

The field with the “Price” tag will be filled with the most recent tariff Tezos (XTZ) was traded for. You can change this to your favoured rate. The “Amount” field is the quantity of XTZ you like to purchase. The “Total” field is the total price in BTC that you will pay for the whole amount of XTZ.

When you're happy, click on “Buy XTZ”. Your order will be filled when a Seller sells their XTZ for the price you introduced.

Step 5 – Withdraw (XTZ) Tezos

Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. To take off your (XTZ) Tezos, go to the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XTZ) Tezos by using the given drop-down box. Put into the amount of Tezos (XTZ) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

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

Kudos! You have successfully bought and safed (XTZ) Tezos in Bahamas.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (XTZ) Tezos is stored in your wallet, you are all done.