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How to buy Horizen (ZEN) in the US

A beginner's guide to buying and selling ZEN in the US.

Horizen
ZEN- USD
PRIVACY
$91.53
- $3.59 ( - 3.77%)

How to buy Horizen

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Horizen.

  1. Open an account on an exchange that supports ZEN.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Horizen.
  3. Buy Horizen.
    Complete your Horizen purchase and then find the best wallet to store ZEN.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Horizen?

Horizen is a blockchain platform that focuses on scalable privacy. Launched in 2017, the project was first created as a hard fork of the Zcash project. It was originally called ZenCash. However, the project was rebranded in 2018 to Horizen. According to Horizen’s website, the project’s mission is to build a fair and inclusive ecosystem, where businesses can build their own blockchains utilizing the platform’s scalable sidechain technology and node network.

Each separate sidechain is connected to the central Horizen mainchain. The mainchain implements a Proof-of-Work (PoW) Equihash consensus mechanism, which enables faster confirmation times. The sidechains implement a Proof-of-Stake mechanism validated by Secure and Super Nodes.

ZEN is the native token of the Horizen ecosystem. ZEN tokens are distributed to miners on the mainchain and those that stake to secure the sidechains. 60% are rewarded to miners. 20% are split evenly between Secure Nodes and Super Nodes. The remaining 20% are placed into the Horizen Team Treasury.

Horizen (ZEN) is the 99th largest cryptocurrency in the world by market cap, valued at $1,097,943,184. The current price of Horizen is $95.05, which is -3.004% lower than yesterday. Prices have ranged between $98 and $93.49 over the past 24 hours. All prices are listed in US dollars and accurate as of September 19, 2021 06:09 UTC.

Where to buy Horizen

Find an exchange to buy, sell and trade ZEN by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

292
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

58
cryptocurrencies

Get a US$15 bonus when you trade US$100 or more of any supported crypto. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

225
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
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Compare up to 4 providers

Is it a good time to buy Horizen?

The technical analysis gauge for Horizen displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Horizen based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Horizen: moving averages, oscillators and pivots. Finder is not responsible for how ZEN performs.

Horizen at a glance

Information last updated September 19, 2021 06:09 UTC.
Coin symbolZEN
Total ZEN supply21,000,000
Circulating ZEN11,536,175
Current priceUS$95.05
All time highUS$165.92
Notable team membersRobert Viglione, Rolf Versluis
PartnershipsStakeHound, IOTA, APIS, LTO Network, Celsius, Dragonchain
IndustryPrivacy-focused blockchain platform
Token usesMedium of exchange, mining, staking
NetworkHorizen

Horizen price performance over time

Historical prices compared with the price of US$95.05.

1 hour 0.27%
24 hours -3.00%
7 days 18.30%
14 days -8.66%
30 days 36.11%
60 days 115.76%
200 days 100.03%
1 year 1,478.33%

How to sell Horizen

You can cash out your ZEN with the same exchange you bought it through:

  1. Sign in to the exchange you have ZEN on.
    If you store your Horizen in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of ZEN you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Horizen.

What to consider when buying Horizen

Horizen is an innovative project that's trying to break into the blockchain arena. Before purchasing any ZEN tokens, here are a few factors that investors should consider:
  • Privacy at the forefront: Horizen uses zero-knowledge proofs within its network, which makes its ZEN token untraceable and unwatchable. For those looking for complete privacy, this is very advantageous.
  • Scalability: Horizen has primarily focused on developing sidechain technology to allow anyone to develop dapps that link seamlessly to the Horizen mainchain. Sidechains ensure high scalability while relying on the benefits of the Horizen mainchain’s network of over 30,000 nodes. The Cross-Chain Transfer Protocol (CCPT) technology allows users to send tokens quickly and efficiently between the Horizen mainchain and individual sidechains.
  • Supply: The total supply of tokens is capped at 21 million. Like Bitcoin, there is a periodic halving of block rewards. The first halving took place in December 2020. This halved block rewards from 12.5 ZEN to 6.25 ZEN.
Disclaimer: Cryptocurrencies, including Horizen, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ZEN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Horizen or any other cryptocurrency discussed.

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