A Step-by-Step-Guide on how to buy Tezos (XTZ) in Libya
Step 1 – Signup to CEX.io You'll first need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and receive your first Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been confirmed, you'll directly have access to your assets and you can start invest and trading. To invest in (XTZ) Tezos on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to locate (XTZ) Tezos, you will need to insert the shortname of the coin (XTZ) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have marked this also. Click on “XTZ/BTC” to proceed.
Step 4 – Purchase Tezos (XTZ) As soon as you have spotted Tezos (XTZ), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date price Tezos (XTZ) was sold for. You can change this to your preferred price. The “Amount” field is the volumen of XTZ you want to buy. The “Total” field is the total price in BTC that you will pay for the whole amount of XTZ. If you're glad, click on “Buy XTZ”. Your plan will be filled when a Vendor trades their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you're trading, you should never keepyour coins on an Exchange for an longer period of time. To withdraw your (XTZ) Tezos, hover over the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Put into the quantity of (XTZ) Tezos you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via phone/email before a take off.