How to Buy Horizen (ZEN) in Australia

1. Choose a crypto exchange

First things first, you need an exchange that both has Horizen, and is trustworthy!

You can find our top 3 exchanges for buying Horizen here, alternatively you can also check our comparison of the best crypto exchanges in Australia if you’re generally interested in seeing which exchanges work for Australians.

2. Sign up with the crypto exchange

Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.

3. Fund your account

The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.

4. Buy Horizen

And of course, the final step is to find Horizen on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.

Where to Buy Horizen (ZEN)

ExchangeRatingAvailable CryptocurrenciesFeesVisit Site
Swyftx Logo5/5350+0.6%VISIT SITE
Binance Logo4.5/5300+0.1%VISIT SITE
Digital Surge Logo4/5200+VariesVISIT SITE

How to Sell Horizen

  1. Sign into the exchange
  2. Find where you stored your Horizen, either on a hardware wallet or on the exchange.
  3. Transfer your Horizen to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
  4. Sell Horizen.
Businessman looking at crypto trend

Considerations when looking to buy Horizen.

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 to standardize the process for proposing major changes to the Horizen codebase and ecosystem.

ZEN is the native cryptocurrency of the Horizen ecosystem.