A Step-by-Step-Guide on how to buy Tezos (XTZ) in Bangladesh
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Tezos (XTZ) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Tezos (XTZ) Once your deposit has been approved, you'll now have access to your funds and you can begin buying and trading. To purchase (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To spot Tezos (XTZ), you'll need to insert the cointype (XTZ) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “XTZ/BTC” to proceed.
Step 4 – Purchasing (XTZ) Tezos After you have located Tezos (XTZ), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The “Price” field will be filled automatically with the most latest tariff (XTZ) Tezos was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of XTZ you wish to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the complete volumen of XTZ. If you're satisfied, 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 frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time frame. To take off your Tezos (XTZ), hover over the “Funds” tab 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 provided drop-down box. Drop in the volumen of (XTZ) Tezos you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.