How to buy Tezos (XTZ) in the UK
A beginner's guide to buying and selling XTZ in the UK.
How to buy Tezos
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Tezos.
- Open an account on an exchange that supports XTZ.
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.
- 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 Tezos.
- Buy Tezos.
Complete your Tezos purchase and then find the best wallet to store XTZ.
What is Tezos?
Tezos is not only a platform for smart contracts and decentralised applications (dapps), it’s also the world’s first self-evolving blockchain. In the short history of cryptocurrencies, there have been numerous examples of currencies being forced to fork their network into two different blockchains in order to upgrade. Perhaps the most notable example of this was the DAO hack that saw Ethereum and Ethereum Classic go their separate ways. Forks often divide the community behind a cryptocurrency and can cause significant network disruptions. Tezos’ unique solution is a process that enables its protocol to be continuously upgraded through on-chain governance. The aim behind this is for the network to constantly evolve and upgrade over time, rather than undergoing radical changes that require a hard fork. All stakeholders can participate in governing the Tezos protocol by voting on proposed changes and upgrades.
Tezos (XTZ) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $5,954,319,270. The current price of Tezos is $6.9, which is -0.140% lower than yesterday. Prices have ranged between $7.06 and $6.8 over the past 24 hours. All prices are listed in US dollars and accurate as of October 16, 2021 05:10 UTC.
Where to buy Tezos
Find an exchange to buy, sell and trade XTZ by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy Tezos?
The technical analysis gauge for Tezos 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 Tezos 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 Tezos: moving averages, oscillators and pivots. Finder is not responsible for how XTZ performs.
Tezos at a glance
|All time high date||December 07, 2018|
Tezos price performance over time
How to sell Tezos
You can cash out your XTZ with the same exchange you bought it through:
- Sign in to the exchange you have XTZ on.
If you store your Tezos in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of XTZ you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Tezos.
What to consider when buying TezosCryptocurrencies are complicated and volatile assets, and buying any digital coin or token comes with a high level of risk attached. With this in mind, it’s essential that you research and understand the many factors that can potentially impact the price movements of any cryptocurrency before you buy. If you’re thinking of buying any XTZ, make sure you consider the following:
- Controversy. We’ve given you an abridged version of the scandals that have plagued Tezos above. Before buying any XTZ, make sure you thoroughly research the ins and outs of the lawsuits and apparent internal power struggles that have troubled Tezos and made headlines throughout the crypto world.
- Use. Tezzies are the Tezos network’s store of value. They’re used to pay transaction fees and power smart contracts, and are also offered as baking rewards.
- Whitepaper. If you want to take a detailed look at the technology behind Tezos and how the platform works, check out the project’s whitepaper. The Tezos position paper is also a useful document for understanding the motivation behind the creation of the platform.
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Disclaimer: Cryptocurrencies, including Tezos, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of XTZ 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 Tezos or any other cryptocurrency discussed.
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