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How & Where to Buy Tezos A Step-by-Step Guide to Buying XTZ

Congratulations! You can buy Tezos directly with cash at Binance.US.

  1. Sign up at our one of our top-ranked Tezos exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy TezosXTZ

Read on for detailed instructions below on where and how to buy Tezos and you will be a TezosXTZ owner in no time at all.

  1. STEP 1Register at a XTZ Exchange

    Best Tezos (XTZ) Exchanges

    • logo
      Ease of use
      Time to 1st Buy
      24 hrs
      24h Volume

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Tezos TezosXTZ quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy XTZ with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for XTZ.

Frequently Asked Questions About Buying & Selling Tezos (XTZ)

How do I Buy XTZ with Crypto?

If you want to buy XTZ with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Binance.US and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Binance.US.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Tezos (XTZ)?

To sell XTZ, simply reverse the buying process described above. You will likely need to trade your TezosXTZ into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Tezos Research Center

Tezos Technical Details & Statistics

  • Market Rank39
  • Market Cap2,689,691,095
  • Circulating Supply854,871,756
  • Total Supply884,811,228 XTZ
Yesterday's Trading
  • 24 HR Volume127,747,403 USD
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What is Tezos (XTZ)?

Tezos (XTZ) describes itself as a “self-amending crypto-ledger” and is a novel proof of stake (POS) cryptocurrency that offers advancements on both bitcoin and Ethereum protocols. Focused on security and simplicity in mind, Tezos is programmed in OCaml, a computer language that is dedicated to speed, unambiguous syntax, and semantics, which helps to assure programs developed on top of it are accurate and not prone to hacking events. It makes use of Turing complete smart contracts to assure that advanced transactions are conducted securely and efficiently.

History of Tezos

Tezos was co-founded by Kathleen and Arthur Breitman in 2017. The Breitmans retain ownership of the Tezos code through a Delaware-based company named Dynamic Ledger Solutions. The Tezos ICO ran from July 1st – July 13th, 2017 and collected a total of  65,681 bitcoins and 361,122 ethers, raising a total of $232 million, making it one of the most successful ICOs of all time.

On June 30th, 2018, Tezos launched its main platform for beta testing, announcing that the final version of the network would be ready for launch later in the year. Starting as an Ethereum-based token, Tezos tokens are currently being redeemed and transferred over to its main platform, where an initial ten billion tokens were created.

How Tezos Works

Although Tezos uses a Proof of Stake algorithm to implement cryptographic security, its most advanced feature is that it allows for self-amendment, meaning that its software protocol can suggest changes contributing to its performance enhancement. These changes are only implemented after being voted upon by members (“stakeholders”) of the network. It features a block time of about one minute and rewards those staking coins in their wallet with additional coins, the amount proportional to that being staked by the wallet. The initial coin generation rate will be roughly equivalent to an interest rate of 33% per year.

Like Ethereum, Tezos uses smart contracts to execute advanced transaction functionalities; namely the creation of in-platform tokens and language associated with programs built on the platform’s API. Unlike Ethereum, Tezos imposes a hard cap on the length of time for which a smart contract can be executed in order to reduce burden placed upon its blockchain and the miners. The Tezos API is tailored to host banking and finance specific DApps with an extra emphasis on security and reduction of chance of programming error.

Why Would I Want to Buy Tezos?

In an attempt to build a new type of blockchain that carries with it the best of bitcoin, Ethereum and Proof of Stake architecture, Tezos offers the following advancements in cryptocurrency:

  • On-Chain Governance: the Tezos protocol offers a formal process through which stakeholders can efficiently govern the protocol and implement future innovations.
  • Security: the Tezos blockchain was designed to facilitate formal verification, which helps secure smart contracts and avoid buggy code.
  • Novel Proof of Stake Mechanism: Tezos’ unique proof-of-stake consensus algorithm gives every stakeholder the opportunity to participate in the validation of transactions on the network and be rewarded by the protocol for doing so.