How to Buy Tezos (XTZ) in Bhutan

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

Step 1 – Join Kraken

You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Funds to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find (XTZ) Tezos

As soon as your deposit has been approved, you'll directly have access to your assets and you can launch invest and trading. To purchase Tezos (XTZ) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate Tezos (XTZ), you'll need to insert the shortname of the coin (XTZ) into the search-box, which is marked in the picture. Make sure you have selected the proper grouping, we have marked this also. Click on “XTZ/BTC” to progress.

Step 4 – Acquisition of (XTZ) Tezos

Once you've located (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date rate Tezos (XTZ) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of XTZ you wish to buy. The “Total” field is the aggregated price in BTC that you will settle for the whole volumen of XTZ.

When you're happy, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Vendor trades their XTZ for the price you gave.

Step 5 – Withdraw Tezos (XTZ)

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

Find (XTZ) Tezos by using the provided drop-down box. Drop in the quantity of Tezos (XTZ) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're satisfied, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Congrats! You have successfully purchased and safed Tezos (XTZ) in Bhutan.

That's it!

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