How to Buy Tezos (XTZ) in Lebanon

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

Step 1 – Join CEX.io

You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your first Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Tezos (XTZ) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Locate Tezos (XTZ)

As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate purchasing and trading. To invest in (XTZ) Tezos on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

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

Step 4 – Purchasing (XTZ) Tezos

After you've located (XTZ) Tezos, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order.

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

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

Find Tezos (XTZ) by using the provided drop-down box. Enter the quantity of (XTZ) Tezos you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congratulations! You have successfully purchased and stored Tezos (XTZ) in Lebanon.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the Tezos (XTZ) is stored in your wallet, you're done.