How do you want to buy Tezos?
The following guide will explain, how to buy Tezos (XTZ). With simple step-by-step instructions, this buying guide is especially suitable for beginners. You will learn how to buy Tezos coin with USD, EUR, GBP, RUB or other currencies and different deposit methods like credit card, bank transfer or others.
Since Tezos is only available on a cryptocurrency exchange which doesn’t support FIAT (USD, EUR,...) deposits, you will need to buy Ethereum (ETH) or Bitcoin (BTC) on a suitable exchange first and transfer it to another exchange, where you will finally be able to purchase Tezos.
Sounds complicated? Don’t worry, we got you!
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AUD, EUR, GBP, SDG, USD
Coinbase is a well-known exchange for beginners and starters. $10 Bonus if you register via us and deposit more than $100 or equivalent.
CHF, EUR, GBP, USD
This is one of the best cryptocurrency exchanges for European citizens, with an easy to use interface and great support.
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EUR, GBP, RUB, USD
At CEX.io you can buy form almost all over the world Bitcoin, Etherum with FIAT via Bank Transfer or Credit Card.
There are more exchanges where you can buy ETH or BTC with other currencies or deposit options. If you wanna check them, go to this Exchange List.
In order to buy Tezos, we need to buy first Ethereum (ETH) tokens, which we will then transfer to another exchange.
Go to https://www.coinbase.com and make sure the address is correct and that you see the secure symbol next to the URL. Click the "Sign Up" button in the top right corner of the site.
Go into your mail inbox and open the email you got from Coinbase and click on the confirmation link, which will bring you back to Coinbase again.
When you are back on Coinbase.com just log in with your email and password if you are not logged in already. In some areas, you have to confirm the new GDPR rules. Afterward you will see the dashboard of Coinbase.com.
Now you need to scroll down a bit and activate 2-factor authentication by adding your phone number. For that just click on the Field "Add your phone number" on the lower left side of the page. A new pop-up shows up where you have to add your phone number. To confirm your number, you will get now a message with a code on your phone. Enter this code in the next window.
In order to buy and sell ETH on Coinbase or add payment methods, you will need to verify your identity. To do so click on "Verify your identity" on the lower left side of the dashboard. Again a new window will pop up and let you choose how you want to verify yourself. Just choose whichever option you prefer and continue as instructed on the screen.
After you have uploaded your documents it can take a few minutes for your account to be verified:
We are only one step away from buying cryptocurrencies on Coinbase. Before we can, we have to add a payment method. Click on "Add a payment method" on the lower left side of the page.
A new window will pop up and let you choose between the following options:
You can choose a bank transfer; in the next steps you will have to enter your name and the name of the bank where you will make the transfer from. You will then get a reference number, which you will have to add into your bank transfer. This is important, since Coinbase can't link your transfer to your account. So don't forget to double-check your data before you transfer your funds. It may also take a few days till your transfer is connected to your account.
Credit / debit card:
If you choose credit / debit card, you will have to add your address and then just enter your card details. Coinbase will take a small fee for payments with cards: therefore, transactions are instant. For your information: some banks and credit card issuers block orders from Coinbase and other exchanges. If this happens to you try another debit card or use a bank transfer to deposit money into Coinbase.com.
Now choose your preferred option and deposit your EURO, USD, GBP,.. via bank transfer or simply add your credit / debit card.
Now log back into your Coinbase Account and click on "Buy / Sell" or just follow this link.
Now choose Ethereum from the overview, select the payment method, add the amount you want to buy in ETH or Fiat and click "Buy Ethereum Instantly".
You will again see all the details of your transaction, with the exact amount of Ethereum you will purchase and how much you will pay for it. If the data are correct, click "Confirm Buy".
You have just bought Ethereum (ETH), which are now stored in your Coinbase wallet!
In a few steps we will send your desired amount of Ethereum from Coinbase.com to the exchange, where you will buy the Tezos coins. To do so, choose the exchange where you want to buy Tezos (XTZ) in the next step!
Warning: Only users from European countries can register at this exchange!
As mentioned before, in order to buy Tezos, we need to buy first Ethereum (ETH), which we will then transfer to another exchange.
So let's start with buying Ethereum! Since you have selected Bitpanda to buy ETH, go to https://www.bitpanda.com and make sure the address is correct and that you see the secure symbol next to the URL. Click the "Sign Up" button in the top right corner of the site.
Now add your name, email address, a secure password, country of residence and solve the captcha. Next Bitpanda will send you an email, which you will need to confirm.
To do so, go into your mail inbox and open the email you got from Bitpanda and click on the "Confirm Email Address" Button.
You can now log into your Bitpanda account.
For security reasons we highly recommend to set up 2-factor authentication. Once you are logged in, you will find a hint "Enable Two Factor Authentication (2FA)" in the dashboard of Bitpanda - click on it. On the new site, you will see a barcode as well as a secure code. Save this secure code in a safe place, since you will be able to recover your 2FA Code with this code, if you lose your phone. Just follow the short instruction of Bitpanda and install the Google Authentication App on your smartphone and then scan or enter the code.
In order to buy and sell cryptocurrencies on Bitpanda, you will have to verify your identity. When you log into your Bitpanda account, you will see various hints to verify yourself. Just click on one of the "Verify" buttons. A new window will open, where you first have to add more personal data.
In the next step you have to choose, with which ID (e.g ID, Passport,..) you want to verify. After that you will be forwarded to a Video Identification Service of your choice. You can do this either via your smartphone or your computer (should have a webcam). Just follow the instructions and you will be ready after a few minutes.
Once you are registered, you have to click "Deposit" in the top right corner of the page. A new window will pop up and let you choose which FIAT you want to deposit: EURO, USD, GPB, CHF. Next you can choose how you want to deposit your Money. There are plenty of options, although most are only available for EURO:
Minimum deposit will be 25€, while max. deposit varies between 2500€ and 500.000€. Make sure to check the fees for each deposit option:
Sofort Überweisung - 1,99% fee - max. 10.000€ - Instant
Visa Credit / Debit card - 1,5% fee - max. 2.500€ - Instant
Mastercard Credit / Debit card - 1,5% fee - max. 2.500€ - Instant
Bank Transfer - FREE - max. 500.000€ - 2-3 business days
EPS - 0,25€ + 2% (max. 2,00€) fee - max. 10.000€ - Instant
Giropay - 0,25€ + 2% (max. 2,00€) fee - max. 10.000€ - Instant
Neteller - 0,90€ + 3,6% fee - Instant
Skrill - 1,00€ + 3,6% fee - Instant
Once you have decided how you want to deposit, just follow the instructions of the website.
You are almost done! Since your money is now in your Bitpanda-account, you are just a few clicks away from your new Ethereum. Just click on "TRADE" in the upper right corner of the website - a new window will pop up where you then click "Buy".
Now you see all available Coins and Tokens. You will choose now "ETH Wallet", then choose with which Fiat wallet you want to pay - e.g. EURO.
Simply enter, for how many e.g. EURO or USD you want to buy Ethereum (ETH) and click "Go to Summary".
You will see now the summary of your order, with the exact amount of ETH you will purchase and how much you will pay for it. If the data are correct, click "Buy now".
You have just bought Ethereum (ETH), which are now stored in your Bitpanda Wallet!
In a few steps we will send your desired amount of Ethereum from Bitpanda.com to the exchange, where you will buy the Tezos coins. To do so, choose the exchange where you want to buy Tezos (XTZ) in the next step!
As mentioned before, in order to buy Tezos, we need to buy first Ethereum (ETH), which we will then transfer to another exchange.
So let's start with buying Ethereum! Since you have selected CEX to buy ETH, go to https://cex.io and make sure the address is correct and that you see the secure symbol next to the URL. Click the "Register" button in the top right corner of the site. Now add your email address and create a secure password. You will have to click a box that you agree to the terms and conditions. Hit "Register" button and you will be led to the next step.
Check your email now, you will find an email with a verification link. After you click that, you are all set up to log into CEX.
The next screen will tell you to set up 2-factor authentication - DON’T skip this step, it's highly advised to use this to keep your account secure. Choose the smartphone app option, that way you can use and check your CEX-account on your phone anytime.
In order to buy and sell cryptocurrencies, you will have to verify your identity. Log into your CEX.IO account and look for your user ID in the top right corner. Mouse-over there, a drop-down menu will open - click "Verification".
Now you can add your personal information and upload an image of your ID in the form:
The main page will right away offer you to buy Ethereum with a credit card. Anyway click on 'Deposit' in the top right area of the website. You will have here now two options to choose from:
The credit card option will cost you a fee but works instantly. For bank transfer, CEX doesn’t take a fee, but the transaction will take a few days. In those days, the price of the coin can change due to the changes on the cryptocurrency market, so keep that in mind.
When using a credit card, you will have to verify that the card belongs to you. Upload an image of your ID and a selfie of you holding the ID.
For bank transfer, CEX doesn’t take a fee, but the transaction will take a few days.
Choose now the option you prefer and proceed.
When your money is deposited in your account, just go back to the Buy / Sell Page. First choose "ETH" from the drop-down menu, as well as with which currency you want to pay (Euro, Dollar, Pound or Ruble). You will see some predefined offers, or you can simply enter any amount of ETH you wanna purchase. After you have selected one of the options just click "Buy".
Check again if the amount of Ethereum (ETH) and the prices are correct - if everything is right, click the confirm button.
You have just bought Ethereum (ETH), which are now stored in your CEX.IO account!
In a few steps we will send your desired amount of Ethereum from CEX.IO to the exchange, where you will buy the Tezos coins. To do so, choose the exchange where you want to buy Tezos (XTZ) in the next step!
Choose now one of the following exchanges, where you will finally buy Tezos.
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Huobi is one of the largest exchanges and offers a large variety of tokens. It allows users to exchange crypto for crypto, including the USDT token.
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HitBTC provides it cryptocurrency exchange services since 2013. It offers a variety of tokens and coins, with an not so beginner-friendly interface.
In order to use Huobi, go to https://www.huobi.com and make sure the URL is correct and that you see the green secure symbol before the URL field. In the upper right-hand corner of the site, click "Sign Up" or the big "Sign Up Now" button in the middle of the page.
A new window will open where you can register via phone or email. Choose one of the options and add your nationality, email address or phone number, a secure password and the Invitation Code "ge8n3" if it is not already filled out and if you want to support us. Then click on "Sign Up". In some cases you will have to solve a captcha, to verify you are not a bot.
After you have pressed the "Sign Up" button, another window will open, where you have to enter a code, that Huobi has sent to your email (or phone if you have choosen registration via phone). So go over to your email inbox, open the email from Huobi and copy the six-digit code. Go back to your tab where you have Huobi opened and paste in the code from the email.
After you have confirmed the email, Huobi will forward you to a new window where you can click on "Maybe later". Huobi is going to show you some helpful tips.
Before we deposit your Ethereum, we want to make your account more secure, by activating at least the Google Authenticator option. Please don't skip this step, since it is crucial for the security of your account.
Hover over your email address in the top right corner of the page and click on "Account & Security" or simply follow this link.
Scroll down a bit to "Two-factor authentication" and click on "link" next to "Google authenticator". Follow the instructions on the page by downloading the "Google Authenticator" app; write down your "key" (this is very important as a backup — read the hint below); scan the barcode with the app and enter the generated code. You will have to confirm this again via email or phone. Don´t forget to click "send" since Huobi won't send this automatically.
Done. To maximize your account security, you can link your email or phone number.
In order to buy Tezos, you will have to transfer your Ethereum, which we bought before or you already had, to your Huobi account.
Let's make a deposit. Click on "Balances" in the top right corner of the page or just click on this link. Search for "ETH" — it should be in the top area of the list. If you can't find it use the search bar. Once you have it, click on the "Deposit" link in the row of "ETH".
You will see your Huobi Deposit Address. Please don't deposit any other digital assets except ETH to the address. If you want to deposit Bitcoin, for example, search for "BTC" and get your Bitcoin Deposit Address. The minimum deposit is 0.01 ETH, so make sure you transfer more than that.
Now copy the deposit address by clicking "Copy".
Back on huobi.com, you can track your transaction on the "History" page. It will take a few minutes or in some cases even hours for the transaction to go through.
After your Ethereum are deposited into your account, you can buy any coin or token available on Huobi. To trade your Ethereum to Tezos you need to go first to the Exchange page. To do that, click on "Exchange" in the navigation menu or follow this link..
Now we are going to look for the XTZ/ETH trading pair. Simply click on this link to go directly to it, or if you want to go there by yourself, go to the left-hand side and make sure that the "ETH" tab is clicked (where our red arrow is pointing to) since we want to trade ETH with XTZ. All tokens and coins now will show you prices in relation to Ethereum. You can use now the search bar or scroll through the list and look for XTZ and then click on it.
The site will now give you a nice price history overview. Below the trading view, you will see the Buy / Sell section. Huobi lets you make two types of orders: Limit Orders and Market Orders.
There are two things to watch out for:
Setting a Limit Order means that you specify how many Tezos coin you want to buy (or maybe sell) and the maximum price you want to pay (or accept). If there is an order that matches or is lower than this, it will be filled right away. If there is no match, it can take a while until your order is filled.
When you use a Market Order, you only specify how many XTZ coin you want to buy, and your order will be filled immediately for the price available on the market. This means you might not decide on the price you pay for Tezos but your order will go through right away.
In our example, we are going to buy Tezos with a Limit Order. Set the price and amount of XTZ you want to buy, double-check all the details and click "BUY %%ASSETSYMBOL". If you want to make a Market Order, click the "Market Order" tab, add the amount and click "BUY %%ASSETSYMBOL".
Yay — you have just purchased Tezos successfully. You can check your balance at the "Balance" page.
You can now withdraw your Tezos coins to your own wallet, another exchange or even send them to a friend. We are going to show you how to withdraw Tezos it in the next steps. Please also read through the wallet information below and make sure you store your Tezos in a secure place.
In order to use HitBTC, go to https://www.hitbtc.com. Make sure the URL is correct and that you see the green secure symbol in the URL field. In the upper right-hand corner of the site, click "Register".
A new window will open. Add your email address, a secure password and hit "Register".
Now go to your mail inbox and check your emails for a confirmation email from HitBTC. Open the email and click on the link in this email.
Now you can log into your account - https://www.hitbtc.com. We highly advise you to set up two-factor authentication to make your account as secure as possible. The site will even remind you to set it up when you first log in. Follow the link or if you can't see the message go to Settings > Security (direct Link). Just follow the three steps, that HitBTC provides you with.
Go to the top menu and click "Account"; here you will see a list of all available coins and tokens. On HitBTC you will have two accounts — the main account, where all your deposits go into, and a trading account. Only the coins in the trading account can and will be used when you buy or sell coins and tokens.
In order to purchase Tezos on HitBTC, you will have to transfer your Ethereum, which we bought before or you already had, to your HitBTC account. Ethereum should be right on top of the list; click the "Deposit" icpn and simply copy the deposit address.
The Ethereum tokens will arrive in your main account. To trade, we have to move the ETH to the "Trading Account". Just click the little arrow pointing from your main account to your trading account, specify the amount you want to transfer and it will move over immediately and without fees.
Buying Tezos from here is easy — click "Exchange" in the navigation bar and look over on the right side to "Instruments". As we want to purchase Tezos with Ethereum, choose the "ETH" tab and write XTZ in the search field or just click here.
Below the "Instruments", you can now decide if you want to get XTZ by setting a "Market Order" or a "Limit Order".
There are two things to watch out for — do you want to buy with a market order or limit order?
Setting a Limit Order means that you specify how many Tezos coin you want to buy and the maximum price you want to pay (or accept) per Tezos. If there is an order that matches or is lower then this, it will be filled right away. If there is no match, it can take a while until your order is filled.
When you use a Market Order, you only specify how many XTZ coin you want to buy, and your order will be filled immediately to the price that is available on the market. This means that you might not decide on the price you pay for Tezos but your order will go through right away.
In our example, we bought Tezos using a market order, setting the amount of XTZ coin we wanted to buy. The HitBTC system calculates the price and fees in ETH for you. So however you decide to buy your Tezos, click either the "Market" or "Limit" tab and enter the necessary details. If you are buying with a Limit Order, double-check your price — especially everything behind the comma. If you forget a zero you will pay way too much for the coin. If everything looks good to you, click "Buy Market" or "Buy Limit".
Congratulations, you have just bought Tezos successfully. You can check your balance on the account page.
Now make sure that you transfer your coins back into your main account. To do so, click on the arrow pointing from your trading account to your main account and enter the amount you want to transfer.
You can now withdraw your Tezos coins to your own wallet or even send them to a friend. We are going to show you how to do this in the next steps. Please also read through the wallet information below and make sure you store your Tezos in a secure place.
Saving Tezos on an exchange is the least secure way to store your coins. This means cryptocurrency exchanges are often targets of hackers, as you might have heard already. The most secure way to hold your Tezos is to save them in a hardware wallet like this:
Before you buy them, make sure they are compatible with Tezos.
Another way to securely store your coins is to send them to a desktop, mobile or online wallet. Sadly, we don´t currently have a detailed guide about the Tezos wallet. So please check the homepage of Tezos for more information. Also, make sure to bookmark this site as we regularly update all guides.
In the next step, we are going to show you, how you can withdraw your Tezos from the exchange.