How to Buy Tezos (XTZ) in Djibouti

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

Step 1 – Join Kraken

You'll first need to buy one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your first Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find (XTZ) Tezos

Once your deposit has been verified, you will immediately have access to your finances and you can begin buying and trading. To purchase Tezos (XTZ) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”.

In order to locate (XTZ) Tezos, you'll need to put the shortname of the coin (XTZ) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've highlighted this also. Click on “XTZ/BTC” to progress.

Step 4 – Buy (XTZ) Tezos

Once you have spotted Tezos (XTZ), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order.

The “Price” field will be filled automatically with the up-to-date rate (XTZ) Tezos was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of XTZ you wish to buy. The “Total” field is the whole 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 plan will be filled when a Seller trades their XTZ for the price you submitted.

Step 5 – Withdraw (XTZ) Tezos

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

Locate (XTZ) Tezos by using the given drop-down box. Enter the quantity of Tezos (XTZ) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse 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 Djibouti.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the Tezos (XTZ) is safe inside your wallet, you're done.