How to Buy Tezos (XTZ) in Madagascar

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

Step 1 – Join CEX.io

You'll first need to buy one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).

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

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

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (XTZ) Tezos

Once your deposit has been confirmed, you'll directly have access to your assets and you can launch buying and trading. To buy Tezos (XTZ) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To locate Tezos (XTZ), you will need to insert the cointype (XTZ) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we have marked this too. Click on “XTZ/BTC” to continue.

Step 4 – Buying Tezos (XTZ)

Once you've found (XTZ) Tezos, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're creating our own Limit Order.

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

If you are happy, click on “Buy XTZ”. Your plan will be filled as soon as a Vendor trades their XTZ for the price you gave.

Step 5 – Withdraw (XTZ) Tezos

Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer period of time. To take off your Tezos (XTZ), go to the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Tezos (XTZ) by using the given drop-down box. Drop in the amount of (XTZ) Tezos you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you are happy, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully purchased and safed (XTZ) Tezos in Madagascar.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (XTZ) Tezos is safe in your wallet, you are finished.