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How to buy Horizen (ZEN) in the UK

Learn how to buy Horizen (ZEN) in our step-by-step guide.

Where to buy Horizen in the UK

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Best Horizen wallets to store your ZEN

You can keep your ZEN on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ZEN below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Horizen a good investment?

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.

Additional information about Horizen can be found using our ZEN analysis tools.

Today's Horizen price versus ATH

Compare today's price of Horizen ($8.42 USD) against its all-time-high price of $165.92 USD on 08 May 2021. The closer the bar is to 100%, the closer ZEN is to reaching its ATH again.

Horizen's price: $8.42
ATH date: May 08, 2021
5.07%

Horizen ATH: $165.92


How to trade, convert or sell Horizen

You can convert or sell your ZEN with the same exchange you bought it through:
  1. Sign in to the exchange you have ZEN on.
  2. If you store your Horizen in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ZEN you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Horizen.
  6. Complete your transaction and move your ZEN to a wallet for storage.
  1. Horizon whitepaper
  2. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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