How to Buy Tezos (XTZ) in Korea

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

Step 1 – Join Kraken

You'll first need to purchase one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome Ethereum or Bitcoin.

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

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

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find Tezos (XTZ)

Once your deposit has been verified, you'll directly have access to your finances and you can commence invest and trading. To invest in (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

In order to find Tezos (XTZ), you will need to insert the shortname of the coin (XTZ) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this also. Click on “XTZ/BTC” to advance.

Step 4 – Buying Tezos (XTZ)

Once you have found Tezos (XTZ), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate (XTZ) Tezos was traded for. This can be changed to your desired price. The “Amount” field is the amount of XTZ you want to purchase. The “Total” field 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 plan will be filled as soon as a Vender trades their XTZ for the price you offered.

Step 5 – Withdraw Tezos (XTZ)

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

Locate (XTZ) Tezos by using the given drop-down box. Drop in the volumen of (XTZ) Tezos you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

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

That's it!

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