How to Buy Tezos (XTZ) in Venezuela

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

Step 1 – Signup to CEX.io

You will first need to purchase units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Ethereum or Bitcoin 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 Exchange? (Follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate (XTZ) Tezos

As soon as your deposit has been affirmed, you will instantly have access to your finances and you can initiate purchasing and trading. To purchase Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”.

To spot (XTZ) Tezos, you will need to put the cointype (XTZ) into the search box, which is marked in the picture. Be certain of having selected the correct grouping, we have marked this also. Click on “XTZ/BTC” to go ahead.

Step 4 – Purchase (XTZ) Tezos

After you have located Tezos (XTZ), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff Tezos (XTZ) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of XTZ you like to buy. The “Total” field is the total price in BTC that you'll pay for the whole amount of XTZ.

If you're satisfied, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Seller sells their XTZ for the price you submitted.

Step 5 – Withdraw (XTZ) Tezos

Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your Tezos (XTZ), go to the tab called “Funds” and mouse click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Tezos (XTZ) by using the given drop-down box. Drop in the quantity of (XTZ) Tezos you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you are happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You've successfully purchased and safed (XTZ) Tezos in Venezuela.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the Tezos (XTZ) is stored within your wallet, you're finished.