A Step-by-Step-Guide on how to buy Tezos (XTZ) in Armenia
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and receive your first $10.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (XTZ) Tezos As soon as your deposit has been verified, you'll immediately have access to your funds and you can begin purchasing and trading. To buy Tezos (XTZ) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To find Tezos (XTZ), you'll need to insert the cointype (XTZ) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “XTZ/BTC” to continue.
Step 4 – Acquisition of (XTZ) Tezos As soon as you've found (XTZ) Tezos, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The “Price” field will be filled automatically with the recent price Tezos (XTZ) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XTZ you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of XTZ. When you are happy, click on “Buy XTZ”. Your order will be filled when a Seller sells their XTZ for the price you gave.
Step 5 – Withdraw (XTZ) Tezos Unless you are regularly trading, never keep your coins on an Exchange for an longer time period. To take off your Tezos (XTZ), hover over the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XTZ) Tezos by using the provided drop-down box. Put into the amount of Tezos (XTZ) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click “Submit”. You could be requested for email/phone verification before a withdrawal.