How to Buy Tezos (XTZ) in Italy

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

Step 1 – Join Kraken

You will first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you've selected 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 forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Tezos (XTZ)

As soon as your deposit has been confirmed, you will directly have access to your assets and you can launch purchasing and trading. To purchase Tezos (XTZ) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”.

To spot Tezos (XTZ), you will need to insert the cointype (XTZ) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “XTZ/BTC” to go on.

Step 4 – Acquisition of Tezos (XTZ)

As soon as you've discovered (XTZ) Tezos, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Tezos (XTZ) was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of XTZ you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of XTZ.

If you are glad, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Seller sells their XTZ for the price you gave.

Step 5 – Withdraw Tezos (XTZ)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to take off your (XTZ) Tezos, hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Tezos (XTZ) by using the given drop-down box. Put into the volumen of Tezos (XTZ) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

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

That's it!

Withdrawals from Crypto Trader 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 safe in your wallet, you are done.