A Step-by-Step-Guide on how to buy Tezos (XTZ) in Georgia
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your welcome Ethereum or Bitcoin.
Step 2 – Transmit Your Funds to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (XTZ) Tezos Once your deposit has been affirmed, you'll immediately have access to your funds and you can initiate buying and trading. To purchase (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To discover Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Purchase Tezos (XTZ) Once you have found (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff (XTZ) Tezos was sold for. You can change this to your preferred price. The “Amount” field is the volumen of XTZ you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of XTZ. When you're satisfied, make a mouse click on “Buy XTZ”. Your order will be filled when a Vender sells their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you're regularly trading, best advise is not to keep coins on an Crypto Exchange for an longer time period. In order to withdraw your (XTZ) Tezos, hover over the tab called “Funds” and click on “Withdraw”. (XTZ) Tezos can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Tezos (XTZ) by using the given drop-down box. Drop in the volumen of Tezos (XTZ) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a take off.