A Step-by-Step-Guide on how to buy Tezos (XTZ) in Saudi Arabia
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Tezos (XTZ) Once your deposit has been affirmed, you'll immediately have access to your finances and you can begin invest and trading. To invest in (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To find (XTZ) Tezos, you'll need to put the short name of the asset (XTZ) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “XTZ/BTC” to proceed.
Step 4 – Acquisition of Tezos (XTZ) Once you have spotted Tezos (XTZ), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff (XTZ) Tezos was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XTZ you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of XTZ. When you're satisfied, click on “Buy XTZ”. Your order will be filled as soon as a Vendor trades their XTZ for the price you submitted.
Step 5 – Withdraw Tezos (XTZ) Unless you are trading, best advise is not to keep your crypto on an Exchange for an longer period of time. In order to take off your (XTZ) Tezos, hover over the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Tezos (XTZ) by using the provided drop-down box. Enter the quantity of Tezos (XTZ) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You may be requested for phone/email verification before a take off.