A Step-by-Step-Guide on how to buy Tezos (XTZ) in Egypt
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. 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 Exchange? (Just follow this how-to) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (XTZ) Tezos As soon as your deposit has been affirmed, you will immediately have access to your assets and you can launch buying and trading. To purchase Tezos (XTZ) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to find Tezos (XTZ), you'll need to insert the cointype (XTZ) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this also. Click on “XTZ/BTC” to go on.
Step 4 – Purchase (XTZ) Tezos After you've located (XTZ) Tezos, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price Tezos (XTZ) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of XTZ you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of XTZ. When you are glad, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Seller trades their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you're regularly trading, you should never keepyour crypto on an Exchange for an extensive time frame. To take off your (XTZ) Tezos, go to the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the given drop-down box. Drop in the volumen of Tezos (XTZ) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.