How to Buy Tezos (XTZ) in Greenland

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you've 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 forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate (XTZ) Tezos

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

To locate Tezos (XTZ), you will need to put the short name of the asset (XTZ) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we've marked this too. Click on “XTZ/BTC” to continue.

Step 4 – Purchase (XTZ) Tezos

After you've located (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our Limit Order.

The “Price” field will be filled with the recent valuation Tezos (XTZ) was sold for. This can be changed to your favoured price. The “Amount” field is the amount of XTZ you like to purchase. The “Total” field is the total price in Bitcoin that you will settle for the whole volumen of XTZ.

When you're happy, click on “Buy XTZ”. Your order will be filled when a Seller trades their XTZ for the price you introduced.

Step 5 – Withdraw (XTZ) Tezos

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your Tezos (XTZ), hover over the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.

Congratulations! You have successfully bought and stored (XTZ) Tezos in Greenland.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (XTZ) Tezos is safe inside your wallet, you're done.