How to Buy Tezos (XTZ) in Macau

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

Step 1 – Signup to CEX.io

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

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

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. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate Tezos (XTZ)

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

In order to find Tezos (XTZ), you will need to insert the cointype (XTZ) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this also. Click on “XTZ/BTC” to proceed.

Step 4 – Acquisition of Tezos (XTZ)

After you have located Tezos (XTZ), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation Tezos (XTZ) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of XTZ you wish to buy. The “Total” field is the total price in BTC that you'll pay for the complete amount of XTZ.

When you're glad, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vendor trades their XTZ for the price you offered.

Step 5 – Withdraw Tezos (XTZ)

Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. In order to take off your (XTZ) Tezos, hover over the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XTZ) Tezos by using the given drop-down box. Put into the amount of Tezos (XTZ) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Kudos! You have successfully bought and stored (XTZ) Tezos in Macau.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (XTZ) Tezos is stored in your wallet, you're done.