How to Buy Tezos (XTZ) in Australia

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

Step 1 – Signup to Coinmama

In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and receive your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate {Tezos (XTZ)|(XTZ) Tezos}

As soon as your deposit has been verified, you will instantly have access to your assets and you can start purchasing and trading. To invest in {Tezos (XTZ)|(XTZ) Tezos} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover {Tezos (XTZ)|(XTZ) Tezos}, you will need to put the shortname of the coin (XTZ) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “XTZ/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Tezos (XTZ)
Step 4 – Purchase {Tezos (XTZ)|(XTZ) Tezos}

As soon as you've discovered {Tezos (XTZ)|(XTZ) Tezos}, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our Limit Order.

The ”Price” field will be filled automatically with the recent tariff {Tezos (XTZ)|(XTZ) Tezos} was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of XTZ you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of XTZ.

When you are glad, make a mouse click on “Buy XTZ”. Your order will be filled as soon as a Seller sells their XTZ for the price you gave.

Step 5 – Withdraw {Tezos (XTZ)|(XTZ) Tezos}

Unless you're regularly trading, never keep your coins on an Crypto Trader for an extended period of time. To take off your {Tezos (XTZ)|(XTZ) Tezos}, go to the tab called “Funds” and click on “Withdraw”. {Tezos (XTZ)|(XTZ) Tezos} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Tezos (XTZ)|(XTZ) Tezos} by using the given drop-down box. Put into the quantity of {Tezos (XTZ)|(XTZ) Tezos} you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, click on “Submit”. You could be asked for phone/email verification before a withdrawal.

Kudos! You have successfully bought and safed Tezos (XTZ) in Australia.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the {Tezos (XTZ)|(XTZ) Tezos} is stored inside your wallet, you're finished.

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