How to Buy Tezos (XTZ) in Iraq

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your first Bitcoin or Ethereum.

Step 2 – Send Your Funds to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate (XTZ) Tezos

As soon as your deposit has been affirmed, you will directly have access to your finances and you can initiate invest and trading. To buy Tezos (XTZ) 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'll need to insert the shortname of the coin (XTZ) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “XTZ/BTC” to go ahead.

Step 4 – Buy Tezos (XTZ)

Once you've located Tezos (XTZ), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date rate Tezos (XTZ) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of XTZ you like to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole quantity of XTZ.

If you're happy, make a mouse 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 frequently trading, best advise is not to keep crypto coins on an Exchange for an extended time period. In order to withdraw your (XTZ) Tezos, go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XTZ) Tezos by using the given drop-down box. Enter the amount of Tezos (XTZ) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You could be asked for verfication via phone/email before a take off.

Congrats! You've successfully bought and stored (XTZ) Tezos in Iraq.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the Tezos (XTZ) is safe inside your wallet, you're finished.