How to Buy Tezos (XTZ) in Tanzania

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

Step 1 – Signup to CEX.io

You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your welcome Bitcoin or Ethereum.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

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

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

Step 3 – Find (XTZ) Tezos

Once your deposit has been verified, you will now have access to your funds and you can begin buying and trading. To invest in (XTZ) Tezos on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To spot Tezos (XTZ), you will need to insert the cointype (XTZ) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we've marked this also. Click on “XTZ/BTC” to progress.

Step 4 – Buying (XTZ) Tezos

Once you have found (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the latest valuation (XTZ) Tezos was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of XTZ you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole amount of XTZ.

If you are glad, click on “Buy XTZ”. Your order will be filled when a Vendor trades their XTZ for the price you introduced.

Step 5 – Withdraw (XTZ) Tezos

Unless you are regularly trading, never keep your crypto coins on an Exchange for an extensive time period. To withdraw your Tezos (XTZ), hover over the “Funds” tab and click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Tezos (XTZ) by using the provided drop-down box. Drop in the quantity of Tezos (XTZ) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

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

Congrats! You have successfully purchased and safed Tezos (XTZ) in Tanzania.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Tezos (XTZ) is safe inside your wallet, you are all done.