Kathleen Breitman and her husband Arthur Breitman proposed the idea of Tezos in a white paper they published in 2014. Tezos is a “self-amending blockchain” that supports smart contracts and allows network participants to vote on possible changes to the network. This means owners of the network’s native cryptocurrency, XTZ, have a say in authorizing or denying any change proposed by the network developers.
XTZ users can also stake their coins to become validators on the network. The XTZ initial coin offering launched in 2017 and raised a whopping $232 million, making it one of the biggest ICOs of all times. Sign up to a free Swyftx trading account to buy Tezos today.
The best place to buy Tezos is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell Tezos (XTZ). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of XTZ is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Tezos with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy XTZ instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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This should not be used to make investment decisions.
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