How to Buy Tezos (XTZ) in Honduras

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

Step 1 – Signup to Kraken

You will first need to purchase one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Funds to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Tezos (XTZ)

Once your deposit has been confirmed, you'll instantly have access to your funds and you can start buying and trading. To purchase Tezos (XTZ) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find (XTZ) Tezos, you'll need to insert the cointype (XTZ) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “XTZ/BTC” to proceed.

Step 4 – Purchase Tezos (XTZ)

As soon as you have located Tezos (XTZ), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate Tezos (XTZ) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XTZ you like to buy. 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 happy, make a mouse click on “Buy XTZ”. Your order will be filled when a Vendor trades their XTZ for the price you introduced.

Step 5 – Withdraw (XTZ) Tezos

Unless you're regularly trading, never keep your crypto on an Exchange for an extensive period of time. In order to take off your (XTZ) Tezos, go to the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Tezos (XTZ) by using the given drop-down box. Put into the quantity of (XTZ) Tezos you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Congratulations! You have successfully purchased and safed Tezos (XTZ) in Honduras.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (XTZ) Tezos is stored inside your wallet, you're finished.