Exchanging BTC to XTZ: Beginner’s Guide

The cryptocurrency blockchain can be a whole new idea if you have never been in this ecosystem. With hundreds of coins in the market, it can be challenging to swap some tokens.

Are you a new dealer in exchanging BTC to XTZ with no idea of how to successfully carry out the transaction? Then, you are at the right place as this review tackles what you are looking for -read on! 

But first, are you looking for XMR to pivx deals? BTC to XTZ? Our exchange platform has some of the best deals for you –we also guide you on profitable deals. 

What is BTC?

Bitcoin (BTC) is a cryptocurrency that you can trade with or even use it as a payment option. Common with cryptos, BTC trading doesn’t involve intermediaries such as a bank. Bitcoin’s decentralized feature makes it accessible by anyone. Any transactions revolving around this token are transparent and irreversible as they are reflected on public ledgers. 

What is XTZ?

Tezos (XTZ) is an ecosystem that backs up smart contracts encryption and the growth of decentralized apps. The founders launched this digital currency in September 2018 in Switzerland. Tezos is open-sourced, and its network is well distributed for various applications and assets. As of now, it has many stakeholders who are working towards expanding the Tezos network. 

A successful exchange of BTC to XTZ should follow some steps. You can do this by:

• Find an exchange platform that allows swapping of the two coins.
• Go to the exchange icon and select the coins you need to convert.
• Fill in the total coins you want to exchange 
• Choose the crypto you would like to buy. 
• To receive your exchanged coins, you have to give your crypto wallet address and hand over the coins needed for the swapping.
• The site picks out the best exchange rate for you, and after submission, the process becomes complete. 

Before you receive your money, there is a confirmation time that takes a maximum of fifteen minutes. This could vary across different swap sites but the ethereum confirmation time can guide in estimating. 

BTC to XTZ Live Price Chart

Going through this price chart is an essential part of this cryptocurrency journey. It enables you to do self-evaluation and puts you in a position to make a clear decision whether to continue with the investment or not. These are some of the particulars you will meet in the price chart:

• The percentage change in the last 24 hours.
• The conversion rate for one BTC to XTZ on the day of exchange.
• The circulating supply for various cryptos (XTZ and Bitcoin).
• The maximum supply, depending on the exchange site.
• The percentage change for the last seven days.

These details keep you updated on market trends, enabling you to know the value of profit you will make if you invest during that season. 

Bitcoin to Tezos exchange comes with exchange profits, and here are some of them:

• A user chooses the exchange rate of interest; it could be the floating or fixed exchange rate.
• You directly swap your coins; no account signing is involved.
• You are not bound to a specific number of exchange transactions.
• Swapping these cryptocurrencies is profitable, and a client selects the best deals for the exchange. 

Conclusion 

Many platforms offer the BTC to XTZ exchange service. The ball is now in your hands, so look for the one that has the best exchange rates. Remember to check on the live price chart since the prices are available in real-time mode and then make the best choice. 

Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect those of Geek Vibes Nation. This article is for educational purposes only.