How to Buy Tezos (XTZ) in United Arab Emirates

A Step-by-Step-Guide on how to buy Tezos (XTZ) in United Arab Emirates

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and to get your welcome Ethereum or Bitcoin.

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

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 similar. Tezos (XTZ) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you have selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate (XTZ) Tezos

As soon as your deposit has been verified, you'll immediately have access to your assets and you can start buying and trading. To purchase Tezos (XTZ) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover Tezos (XTZ), you will need to insert the shortname of the coin (XTZ) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we've marked this also. Click on “XTZ/BTC” to go on.

Step 4 – Acquisition of (XTZ) Tezos

Once you've spotted Tezos (XTZ), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation Tezos (XTZ) was sold for. This can be changed to your desired price. The “Amount” field is the quantity of XTZ you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of XTZ.

If you are happy, click on “Buy XTZ”. Your plan will be filled as soon as a Seller sells their XTZ for the price you offered.

Step 5 – Withdraw Tezos (XTZ)

Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an extended period of time. In order to withdraw your Tezos (XTZ), hover over the tab called “Funds” and mouse click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XTZ) Tezos by using the given drop-down box. Enter the volumen of (XTZ) Tezos you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you are happy, click on “Submit”. You may be requested for email/phone verification before a take off.

Kudos! You've successfully purchased and stored Tezos (XTZ) in United Arab Emirates.

That's it!

Take offs from Cryptocurrency 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 (XTZ) Tezos is safe inside your wallet, you're finished.