How to Buy Tezos (XTZ) in Colombia

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

Step 1 – Join Kraken

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

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Tezos (XTZ) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (XTZ) Tezos

Once your deposit has been confirmed, you will directly have access to your funds and you can launch invest and trading. To invest in (XTZ) Tezos on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

In order to discover (XTZ) Tezos, you will need to insert the short name of the asset (XTZ) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've highlighted this also. Click on “XTZ/BTC” to go on.

Step 4 – Buying (XTZ) Tezos

After you've found (XTZ) Tezos, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the recent price Tezos (XTZ) was traded for. You can change this to your preferred price. The “Amount” field is the amount of XTZ you like to purchase. The “Total” field is the whole price in BTC that you will settle for the complete amount of XTZ.

When you're glad, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vender trades their XTZ for the price you offered.

Step 5 – Withdraw Tezos (XTZ)

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

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

When you're happy, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully purchased and safed (XTZ) Tezos in Colombia.

That's it!

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