How to Buy Tezos (XTZ) in India

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

Step 1 – Join Kraken

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

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find Tezos (XTZ)

Once your deposit has been affirmed, you'll immediately have access to your finances and you can commence purchasing and trading. To buy (XTZ) Tezos on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find (XTZ) Tezos, you will need to put the short name of the asset (XTZ) into the search-box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “XTZ/BTC” to proceed.

Step 4 – Purchasing (XTZ) Tezos

As soon as you have found (XTZ) Tezos, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled with the up-to-date price (XTZ) Tezos was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XTZ you like to buy. The “Total” field is the total price in BTC that you will settle for the complete volumen of XTZ.

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

Step 5 – Withdraw (XTZ) Tezos

Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your (XTZ) Tezos, hover over the “Funds” tab and mouse click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XTZ) Tezos by using the provided drop-down box. Enter the amount of Tezos (XTZ) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, click “Submit”. You may be requested for phone/email verification before a withdrawal.

Congratulations! You have successfully bought and safed Tezos (XTZ) in India.

That's it!

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