How to Buy Horizen (ZEN)

A Step-by-Step-Guide on how to buy Horizen (ZEN)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Horizen (ZEN) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find Horizen (ZEN)

As soon as your deposit has been verified, you will now have access to your finances and you can begin purchasing and trading. To buy Horizen (ZEN) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot Horizen (ZEN), you'll need to insert the short name of the asset (ZEN) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we've highlighted this also. Click on “ZEN/BTC” to progress.

Binance Hot To Buy Horizen (ZEN)
Binance How to Buy (ZEN) Horizen
Step 4 – Purchasing Horizen (ZEN)

After you have discovered Horizen (ZEN), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate Horizen (ZEN) was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of ZEN you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete amount of ZEN.

If you are glad, click on “Buy ZEN”. Your plan will be filled as soon as a Vender sells their ZEN for the price you gave.

Step 5 – Withdraw Horizen (ZEN)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Trader for an extensive time period. In order to withdraw your Horizen (ZEN), go to the tab called “Funds” and mouse click on “Withdraw”. Horizen (ZEN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Horizen (ZEN) by using the provided drop-down box. Drop in the volumen of Horizen (ZEN) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and stored Horizen (ZEN).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (ZEN) Horizen is safe within your wallet, you are finished.

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