How to Buy Tezos (XTZ) in Hungary

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

Step 1 – Signup to Kraken

You will first need to buy units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Locate (XTZ) Tezos

As soon as your deposit has been affirmed, you'll now have access to your finances and you can initiate invest and trading. To buy (XTZ) Tezos on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To spot Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we've marked this also. Click on “XTZ/BTC” to continue.

Step 4 – Buying Tezos (XTZ)

As soon as you've discovered (XTZ) Tezos, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to make our Limit Order.

The “Price” field will be filled automatically with the latest rate Tezos (XTZ) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of XTZ you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of XTZ.

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

Step 5 – Withdraw (XTZ) Tezos

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

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

If you are glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

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

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Tezos (XTZ) is safe within your wallet, you are all done.