How to Buy Tezos (XTZ) in Eritrea

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and to get your welcome BTC (Bitcoin) or ETH (Ethereum).

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

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

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate (XTZ) Tezos

As soon as your deposit has been approved, you'll now have access to your finances and you can begin purchasing and trading. To buy Tezos (XTZ) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To spot (XTZ) Tezos, you'll need to insert the shortname of the coin (XTZ) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “XTZ/BTC” to go on.

Step 4 – Buy (XTZ) Tezos

Once you've found (XTZ) Tezos, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our Limit Order.

The “Price” field will be automatically filled with the recent tariff Tezos (XTZ) was traded for. This can be changed to your favoured rate. The “Amount” field is the amount of XTZ you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of XTZ.

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

Step 5 – Withdraw Tezos (XTZ)

Unless you're trading, best advise is not to keep crypto on an Crypto Trader for an extensive time period. To take off your Tezos (XTZ), go to the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XTZ) Tezos by using the provided drop-down box. Enter the volumen of Tezos (XTZ) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.

Congrats! You've successfully purchased and stored (XTZ) Tezos in Eritrea.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (XTZ) Tezos is safe within your wallet, you're done.