A Step-by-Step-Guide on how to buy Tezos (XTZ) in Sri Lanka
Step 1 – Join Kraken You will first need to buy one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate Tezos (XTZ) Once your deposit has been affirmed, you'll instantly have access to your finances and you can commence purchasing and trading. To invest in (XTZ) Tezos on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To find Tezos (XTZ), you will need to put the shortname of the coin (XTZ) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “XTZ/BTC” to go ahead.
Step 4 – Purchasing Tezos (XTZ) As soon as you've spotted Tezos (XTZ), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation (XTZ) Tezos was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of XTZ you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of XTZ. If you're satisfied, click on “Buy XTZ”. Your plan will be filled when a Seller sells their XTZ for the price you submitted.
Step 5 – Withdraw (XTZ) Tezos Unless you're trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to take off your (XTZ) Tezos, hover over the “Funds” tab and mouse click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Put into the amount of Tezos (XTZ) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.