How to Buy Tezos (XTZ) in Qatar

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

Step 1 – Join CEX.io

You'll first need to purchase units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

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

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

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate Tezos (XTZ)

Once your deposit has been verified, you will directly have access to your funds and you can initiate invest and trading. To purchase (XTZ) Tezos on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot (XTZ) Tezos, you will need to insert the shortname of the coin (XTZ) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “XTZ/BTC” to proceed.

Step 4 – Acquisition of (XTZ) Tezos

After you have spotted Tezos (XTZ), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our Limit Order.

The field with the “Price” tag will be filled with the up-to-date tariff Tezos (XTZ) was sold for. This can be changed to your preferred price. The “Amount” field is the quantity of XTZ you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of XTZ.

When you're glad, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Vender sells their XTZ for the price you introduced.

Step 5 – Withdraw (XTZ) Tezos

Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Tezos (XTZ), go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you're satisfied, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

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

That's it!

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