Last update: Jun 6, 2022

How to Buy Horizen (ZEN)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Horizen. Depending on where you’re located, you’ll have different crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Horizen

How to Buy Horizen – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Horizen of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger trading platforms.

4. Buy Horizen

Now that you have what you need to buy Horizen, head over to the market or buy section of the cryptocurrency trading platform and buy some ZEN.

If the crypto exchange doesn’t have any Horizen on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Horizen first), and trade your Ethereum for Horizen.

Where to Buy Horizen (ZEN)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Horizen

  1. Sign into the cryptocurrency exchange where you bought Horizen.
  2. Move your Horizen to the right place on the exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Horizen.

 

Crypto trading

How to Buy Horizen (ZEN) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Horizen in Australia, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Horizen if it’s available. If the exchange doesn’t have Horizen. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Horizen), and trade your ETH for Horizen.

You can also check out our comparison of the cryptocurrency brokers in Australia for those looking to learn more about the exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Horizen (ZEN) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Horizen in Canada, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Horizen if it’s available. If the exchange doesn’t have Horizen. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Horizen), and trade your ETH for Horizen.

If you’d like to learn more about the exchanges we recommend, look at our list of the safest crypto exchanges in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Horizen (ZEN) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Horizen in the UK, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Horizen if it’s available. If the exchange doesn’t have Horizen. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Horizen), and trade your ETH for Horizen.

You can also check out our comparison of the most popular crypto exchanges in the UK for those interested in learning more about which exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Horizen? ZEN Rundown

Horizen is a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. The Zendoo protocol allows blockchain interoperability. It uses SNARK verification and allows for full flexibility in sidechain type and consensus. The network supports over 10,000 sidechains and has a maximum throughput limit at 10,000,000 TPS. Cryptographic verification of networked chain offers huge scale.

Zendoo makes Horizen an open-source network of blockchains. A variety of SDKs are available for developers to deploy their blockchains in the ecosystem. Blaze and Latus are the first SDKs that allow developers to deploy blockchains based upon IOHK’s Ouroboros proof of-stake protocol. Blaze provides high-speed chains with their own certifiers that can run up to 1,000 tps, while Latus employs a recursive version of SNARK for complete decentralization. EVM integration will be available for Ethereum smart contracts compatibility in the next SDK set.

ZEN, Horizen's native cryptocurrency is currently trading on major exchanges like Binance, Bittrex and Coinbase. ZEN can be staked for Horizen's almost 50,000 full-node network.

Horizen is well-known for its zero-knowledge blockchain technology expertise. Their cryptography team has made many advancements, including the zero-knowledge privacy tool collection called Ginger-Lib and the release of one the first zero-knowledge-based scaling solutions.

Their unique blockchain network offers a sidechain solution that allows developers the opportunity to create their own scalable blockchains. It can support thousands of transactions per second and maintain true decentralization across thousands of nodes. Horizen offers unique privacy options.

Horizen is a fully decentralized zero-knowledge-enabled blockchain ecosystem that offers massive scalability and optional privacy features. Zendoo is a sidechain system that allows Horizen to deploy thousands of sidechains that can communicate with each other and the mainchain.

Network nodes verify blockchain transactions, which takes significant computational power. Most blockchain networks limit the amount of transactions they can process at once. Developers on Horizen are able to operate over 10,000 blockchains simultaneously and handle up to 10,000,000 transactions per second across all sidechains (an averaging TPS of 1,000 per network). Horizen's distributed node network is one of the most extensive and widely used in the industry. Their network is fully decentralized, allowing for high transaction throughput across the network.

Horizen is currently decentralized at the technical level, but is now moving to a fully decentralized governance level through initiatives such as Zen Improvement Proposals or the Horizen Community Council. Horizen uses ZenIP process for standardizing the process of proposing major changes to the Horizen ecosystem and code base.

ZEN is the native cryptocurrency of the Horizen ecosystem.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.