How to Buy Tezos (XTZ) in Nicaragua

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

Step 1 – Signup to CEX.io

You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

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

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find Tezos (XTZ)

Once your deposit has been approved, you'll directly have access to your funds and you can launch invest and trading. To invest in Tezos (XTZ) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

To spot (XTZ) Tezos, you will need to insert the short name of the asset (XTZ) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “XTZ/BTC” to continue.

Step 4 – Buy (XTZ) Tezos

Once you have located Tezos (XTZ), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our Limit Order.

The field with the “Price” tag will be filled with the latest tariff Tezos (XTZ) was traded for. This can be changed to your favoured price. The “Amount” field is the amount of XTZ you wish to buy. The “Total” field is the aggregated price in BTC that you'll pay for the whole volumen of XTZ.

If you are satisfied, make a mouse click on “Buy XTZ”. Your order will be filled when a Vendor sells their XTZ for the price you gave.

Step 5 – Withdraw Tezos (XTZ)

Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. To take off your Tezos (XTZ), go to the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XTZ) Tezos by using the provided drop-down box. Enter the amount of Tezos (XTZ) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congrats! You have successfully purchased and stored Tezos (XTZ) in Nicaragua.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the Tezos (XTZ) is stored within your wallet, you're done.