How to Buy Horizen (ZEN) in 2024

How to Buy Horizen

The easiest way to buy Horizen is to purchase it online from a crypto exchange. Exchanges make it easy to buy and sell Horizen and other cryptocurrencies directly from your smartphone, tablet or computer. Check out our recommended platforms below and follow the steps to safely buy Horizen.

1. Choose a platform

If you want to buy ZEN, you will need to start by choosing a broker or exchange to make your purchase with. Some things to consider before making your selection include safety and fee structure. You can see a comparison of the best platforms in the table below.

2. Create and fund your account 

Hit the “Get Started” button and fill in your details to create an account. If your chosen platform is regulated, it will likely have a KYC process that you need to complete before your account can be verified. This may require a photo ID. Then you can choose one of the available payment options to make a deposit.

3. Buy Horizen

Find the trading pair on your platform for ZEN and your local currency. If it doesn’t exist, you may have to buy another currency such as BTC or USDT first and use that to buy ZEN. Enter how much you wish to purchase and create a market order to buy at the current price or a limit order to specify a future price to buy at.

Where to Buy Horizen?

Although there are lots of choices when it comes to where to buy cryptocurrencies, the safest options are platforms that are reputable and regulated as they are likely to be the most secure. See below for the best platforms that offer ZEN.

Things to Consider When Buying Horizen

Never rush into an investment decision. If you are going to be committing your own money to a project, you should learn everything there is to know about it first. Here are some factors about Horizen you may want to consider.

• Zero-Knowledge Technology. Horizen provides innovations in the field of zero-knowledge cryptography—methods that enable different parties to interact without the need to convey additional or sensitive information, such as passwords. This enables private chains to leverage Horizen’s public core infrastructure while maintaining privacy.

• Scalability. Horizen has a fully decentralised network which is one of the industry’s largest and most distributed. It also enables developers to run over 10,000 independent blockchains at the same time resulting in a maximum throughput of 10 million transactions per second across the whole network. This makes Horizen much more suitable for global adoption than many of its competitors.

• Positive Token Economics. There is a finite supply of ZEN—in fact, the supply is slightly deflationary as funds can be lost or burned in certain operations. ZEN is required to pay transaction fees, earn rewards through staking, and create and operate sidechains, with further use cases planned. If the demand for ZEN increases over time, the token could become more valuable.