How to Buy Tezos (XTZ): A Step-by-Step Guide
Buying Tezos (XTZ) is straightforward once you know the steps. This guide walks you through choosing a reputable exchange, securing your account, placing your first order, and — the part most beginners skip — moving your XTZ somewhere you actually control it.
The 20-second version
Pick a reputable exchange, verify your identity, fund your account, and buy XTZ. For anything you'd be upset to lose, move it off the exchange to your own wallet. Start small and never invest money you can't afford to lose.
Before you buy
If you're new here, it's worth understanding what Tezos is and how its proof-of-stake network works before putting money in. Buying a coin you understand is always safer than chasing one you don't.
Only risk what you can afford to lose
XTZ's price is highly volatile and can fall sharply. Never borrow to buy crypto, and treat any amount you invest as money you could lose entirely. This is education, not financial advice.
Choosing an exchange
XTZ is listed on most major exchanges. Look for one that's well-established, regulated in your region, and transparent about fees. Compare the trading fee, the spread, and any withdrawal costs before committing.
- Reputation and security — prefer long-running, regulated platforms with strong track records.
- Fees — check trading fees and withdrawal fees, which vary a lot between platforms.
- Withdrawals — make sure you can withdraw XTZ to your own wallet, not just hold it on the platform.
Kraken is a long-established exchange that lists XTZ and is straightforward for first-time buyers. As always, compare fees and do your own checks before signing up.
How to buy XTZ, step by step
- Create an account on a reputable exchange and complete identity verification (KYC).
- Turn on two-factor authentication using an app, not SMS, to protect your account.
- Deposit funds by bank transfer or card — bank transfer is usually cheaper.
- Search for XTZ and place your order. A market order buys instantly; a limit order lets you set your price.
- Once you own XTZ, decide whether to keep a small amount for convenience or move the rest to your own wallet.
Watch out for scams
Only buy through the exchange's official app or website. Ignore anyone in your DMs offering to 'help you buy' or promising guaranteed returns. See how to avoid crypto scams.
After you buy: take custody
Leaving large amounts on an exchange means the exchange holds your keys, not you. For long-term holdings, move your XTZ to a wallet you control — ideally a hardware wallet. Send a small test amount first, confirm it arrives, then move the rest.
A hardware wallet like the Ledger Nano X keeps your keys off the internet and supports XTZ. Read our full review before you buy, and only ever buy from the manufacturer.
Key takeaways
- Understand what Tezos is before you buy any XTZ.
- Choose a reputable, regulated exchange and compare fees.
- Secure your account with app-based two-factor authentication.
- Move long-term holdings off the exchange to a wallet you control.
Frequently asked questions
Do I have to buy a whole XTZ?
No. XTZ is divisible into smaller units, so you can buy a fraction. Many people start with a small amount while they learn.
What's the cheapest way to buy Tezos?
Funding by bank transfer and using a limit order usually keeps fees lowest, but it varies by exchange. Always compare trading and withdrawal fees first.
Should I leave my XTZ on the exchange?
For small amounts or active trading it's convenient, but the exchange holds the keys. For anything you'd be upset to lose, learn how to store Tezos safely.
Keep reading
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