How to Buy Tezos (XTZ) in Iran

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

Step 1 – Signup to CEX.io

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

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find Tezos (XTZ)

Once your deposit has been confirmed, you'll directly have access to your finances and you can initiate buying and trading. To purchase (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to spot Tezos (XTZ), you'll need to put the cointype (XTZ) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have marked this also. Click on “XTZ/BTC” to continue.

Step 4 – Buy Tezos (XTZ)

Once you have spotted Tezos (XTZ), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate Tezos (XTZ) was sold for. You can change this to your favoured price. The “Amount” field is the amount of XTZ you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of XTZ.

If you are glad, click on “Buy XTZ”. Your plan will be filled as soon as a Vender sells their XTZ for the price you offered.

Step 5 – Withdraw Tezos (XTZ)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time period. In order to withdraw your (XTZ) Tezos, hover over the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XTZ) Tezos by using the given drop-down box. Drop in the amount of (XTZ) Tezos you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Kudos! You've successfully bought and safed Tezos (XTZ) in Iran.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the Tezos (XTZ) is stored inside your wallet, you're done.