A Step-by-Step-Guide on how to buy Tezos (XTZ) in Uruguay
Step 1 – Signup to CEX.io You will first need to purchase units of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been verified, you'll immediately have access to your finances and you can commence purchasing and trading. To buy (XTZ) Tezos on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to spot Tezos (XTZ), you will need to insert the shortname of the coin (XTZ) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we have marked this also. Click on “XTZ/BTC” to progress.
Step 4 – Acquisition of (XTZ) Tezos Once you have discovered (XTZ) Tezos, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our own Limit Order. The “Price” field will be filled with the most recent tariff (XTZ) Tezos was sold for. You can change this to your desired price. The “Amount” field is the amount of XTZ you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of XTZ. If you're happy, make a mouse click on “Buy XTZ”. Your plan will be filled as soon as a Vendor trades their XTZ for the price you introduced.
Step 5 – Withdraw (XTZ) Tezos Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an longer time frame. In order to withdraw your (XTZ) Tezos, go to the “Funds” tab and click on “Withdraw”. (XTZ) Tezos can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Drop in the amount of (XTZ) Tezos you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.