🥇How to Buy Tezos Online November 2024 | Full Learn 2 Trade Guide!
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How to Buy Tezos

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Samantha Forlow

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Kathleen and Arthur Breitman launched Tezos in 2014. Unlike many early blockchains, Tezos is self-amending and upgrades itself. This means that its network of users are involved with the decision-making process.

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Here to learn how to buy Tezos online?

Today we review the best online broker that allows you to buy Tezos from the comfort of your home. We are also going to talk about how to plan your entry into the Tezos market, add some diversity to your portfolio, and where to buy this popular asset.

 

8cap - Buy and Invest in Assets

Our Rating

  • Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
  • Buy over 2,400 stocks at 0% commission
  • Trade thousands of CFDs
  • Deposit funds with a debit/credit card, Paypal, or bank transfer
  • Perfect for newbie traders and heavily regulated
Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.

 

How to Buy Tezos in 10 Minutes – Quickfire Guide

If you cannot read this page in its entirety right now, follow the 5 step guide below to buy Tezos in 10 minutes:

  1. You need to sign up with a cryptocurrency broker to access Tezos – eToro provides access to XTZ tokens and you will not pay commission fees
  2. Enter your name, home address, date of birth, and anything else required
  3. KYC rules state the platform must obtain proof of ID – a passport and bank statement (within 6 months) will do
  4. Choose your preferred payment method and deposit some funds into your account
  5. Look for ‘XTZ’ or ‘Tezos’ and place a buy order – at eToro, you can invest from $25

Select a Trusted Tezos Broker

Selecting the right brokerage to buy Tezos will be key to your success as a cryptocurrency investor. Key factors to bear in mind are regulation, market diversity, low fees, website navigation, and variety in accepted payment types.

With this in mind, eToro came out as the best, from the hundreds of brokers active in the space. We have included a review of this top-rated platform below.

Buy Tezos or Trade CFDs

When researching how to buy Tezos, you will see there are a couple of go-to ways to enter this volatile market.

For people who have zero experience in investing or trading, you will see an explanation of both below.

Buy and Hold Tezos

If you see yourself adopting a more passive strategy to invest in Tezoz, seeking long-term returns – ‘buy and hold’ fits the bill. This will suit you if you don’t wish to concern yourself with Tezos’s short-term fluctuations in value.

So what does the ‘buy and hold’ method of investing entail? As the name suggests you will buy Tezos and hold on to the digital tokens in the long run. As such, this long-term strategy could see you keeping your digital investment for years.

See an example of a buy and hold Tezos strategy here:

  • You’ve been watching the crypto markets – Tezos is struggling, showing a 29% decrease in value
  • Historical price charts suggest the drop is temporary – revealing a buy and hold opportunity
  • As such, you place a $250 buy order with your broker
  • 11 months later, Tezos has risen by 33%, meaning you were correct
  • To cash out your gains you place a sell order
  • You made a profit of $82.50 from the initial $250 stake

If this sounds like an approach you might like to try – consider storage options. Cryptocurrency exchanges are not the safest choice as they are often free from regulation, leaving you and your investment vulnerable to cybercriminals.

There are hundreds of downloadable cryptocurrency wallets available, but this means you will have to encrypt it using a passphrase. Not to mention the task of backing it up and regularly updating the software.

At eToro you can buy and store Tezos in a regulated environment, whilst paying no commission fees. Furthermore, you can invest as little as $25 in this cryptocurrency!

Trade Tezos

To trade Tezos in the short-term – the best method is undoubtedly the versatile option of CFDs (Contracts for Difference). Because CFDs merely track the market value of Tezos, you don’t have to own the digital asset. This also means you can go long or short depending on whether you think its price will rise or fall. This is essentially a contract between you and the trading platform.

Trading Tezos CFDs will often see you doing so as part of a pair. This will either be a crypto-fiat pair such as XTZ/USD (US dollars), or crypto-crypto like XTZ/LTC (Litecoin). Notably, be sure to consider the spread on your chosen pair – which is the difference between the buy and sell price. eToro has tight spreads across most markets.

See an example of a Tezos CFD below:

  • Let’s imagine you are trading XTZ/USD via CFDs – which are valued at $7
  • This mirrors the price of the underlying spot price
  • You think this is overvalued so place an $800 sell order to short the pair
  • XTZ/USD falls to $5.88, showing a 16% decrease
  • You were right, so place a buy order to cash out your gains
  • By correctly going short on XTZ/USD – you made a profit of $128

When trading Tezos CFDs, you will be offered leverage to grow your position. This could be 1:2 – doubling your order value. Importantly, as different jurisdictions have contrasting rules in place, this might restrict the trading platform from offering leverage to you, or at least the amount given.

Nevertheless, let’s look at the above CFD trade with leverage of 1:2 applied:

  • After applying leverage to your XTZ/USD trade, your $800 position is now worth $1,600
  • Consequently, your $128 profit is doubled to $256

Please note that if you are from the UK, Hong Kong, or the US you cannot use leveraged instruments like CFDs to trade cryptocurrencies.

Where to Buy Tezos

When educating yourself on how to buy Tezos, you have likely thought about where is best to purchase the coins. The good news is there are various options on the table to buy this digital currency.

Buy Tezos Debit Card

Is a debit card is your preferred way to invest in Zezos? Be mindful of any transaction fees involved. This can take away from your profit potential, especially if you fancy a short-term strategy.

Some platforms such as Binance charge 3-4% for transactions using this type of card. eToro, on the other hand, will still only charge you 0.5% – for non-US deposits.

Buy Tezos Credit Card

Whilst some credit card companies prohibit cryptocurrency purchases, others allow it, but with cash advance fees attached. Furthermore, this guide found that some online brokers charge additional commissions for processing this payment type.

You can buy Tezos via credit card at eToro and pay no commission. However, as we said, if you are not depositing with US dollars, you will pay the exchange fee of 0.5%.

Buy Tezos Paypal

Many online brokers accept e-wallets these days, however, you might find that PayPal isn’t one of them.

If you have your heart set on buying Tezos using PayPal, you can do this at eToro with ease with no extra fees (aside from 0.5%). Other supported e-wallets at eToro include Neteller and Skrill.

Tezos Strategies

You will hear of seasoned investors using strategies in their day-to-day trading endeavors. For any beginners, this eludes to not entering the cryptocurrency space blindly.

You can add Tezos strategies to your own investment plan no matter what level of experience you have. See below for inspiration.

Dollar-Cost Averaging

The newbie-friendly dollar-cost averaging strategy entails dividing your available investment funds and placing regular orders on your chosen asset. By buying at a unique value each time, you are better prepared to protect yourself against unexpected volatility.

Many investors using this system make purchases of the same amount regularly throughout the month.

In a nutshell, it’s a great way to build your collection of Tezos tokens without being overly concerned with the short-term price shifts of your investment. For example, you might decide to buy $200 worth of Tezoz at the end of each month or $50 per week.

Buy the Dip

Buying the dip involves looking out for a lower than average price on Tezos and placing buy orders on the tokens. Crucially – before the valuation rises again.

See an example below:

  • Tezos has fallen in value by 32% in the past month alone
  • You place an order to buy XTZ tokens right away
  • Down the line, when the value of Tezos rises again, you sell the tokens for much more than you initially paid
  • This is buying the dip in a nutshell

Diversify

Another strategy that has stood the test of time is diversifying your investment holdings. For instance, by adding a highly liquid commodity such as gold, you will be less concerned if the performance of Tezos is disappointing. Gold is well known for holding its value very well during economical turmoil.

Put simply, the cryptocurrency markets bring much uncertainty, whether you are a new or a veteran investor. By creating a well-diversified portfolio you can balance things out. Other markets you might add to your basket are stocks or ETFs.

Tezos Trading Signals

For those unaware, Tezos trading signals are comparable to order suggestions. For instance, here at Learn 2 Trade, our team of pro-crypto traders scrutinizes the markets looking at historical and current data to catch trading opportunities.

As a result of the advanced technical analysis we perform – crypto signals are then sent to our Telegram group (made up of almost 20,000 members). Signals include each element of the potentially profitable crypto trade.

We incorporate the crypto pair we see rising or falling, whether to buy or sell, and a limit price to enter the market. Additionally, all signals include a stop-loss and take profit price to cover you in terms of risk management. If you require more tips than our free service includes, you can try the premium plan – which comes with 3-5 signal per day!.

How to Buy Zcash Online – Full Walkthrough

You are probably about ready to learn how to buy Tezos in a real market environment. As we said, you need a decent online broker to access XTZ tokens.

We are using Capital.com for our 5 step walkthrough. At this broker – finding assets to buy and trade couldn’t be easier, and you can invest from just $25 in Tezos.

Step 1: Sign Up With Tezos Broker

Go to the official Capital.com site and sign up. You will need to enter your first and last name, home address, email, and other contact details. Click ‘Create Account’ to confirm.

capital com Next, you will receive an email confirming your account details.

Step 2: Upload Some Identification

At this stage, you will complete the setup process by uploading some identification. The vast majority of investors opt to use a valid passport, but Capital.com
will also accept your driver’s license or government-issued ID.

To comply with anti-money laundering regulations you must also send Capital.com
proof of your address – like a recent bank account statement. The platform will also accept a utility bill, or a stamped and signed letter from an educational institution or employer.

Step 3: Deposit Funds Into Your Account

You will need to deposit some funds into your account before you can buy Tezos. Capital.com
is compatible with multiple deposit methods. Our guide found this to include instant payment types such as Klarna, PayPal, Rapid Transfer, Neteller, Skrill, and iDeal.

If you prefer credit and debit cards you can use Maestro, Mastercard, Visa, and Visa Electron. Please note that you can make a deposit using a bank transfer but this takes between 4 and 7 days to reach your account.

Enter a figure in the amount box, choose a payment type, and Capital.com
will fund your account accordingly. Importantly, if you have yet to verify your account with the previously mentioned documentation, you are limited to a deposit of $2,250 or less.

Step 4: Buy Tezos

Now that you have a funded account you can buy Tezos. The easiest way to locate your chosen digital currency is to utilize the search facility.

We searched for ‘XTZ’ and are opting to invest $25 in Tezos. As you can see, this is the equivalent of 3.75 units of Tezoz. Click ‘Set Order’  to complete your commission-free investment!

Conclusion

This guide has covered the key elements of how to buy Tezos online. This includes the importance of storing your XTZ tokens in a regulated space – largely to protect your investment from cybercriminals. When it comes to correctly timing the market, the best way to make informed choices is to learn the ins and outs of technical analysis.

This includes reading and understanding price trends and looking at indicators set to various timeframes. If you are yet to grasp such sophisticated research, you might look to subscribe to a crypto signals service for trading tips.

You should also have a rational idea of what strategies you might incorporate when buying Tezos. For instance, you could hedge against market volatility with a dollar-cost averaging system, or diversify your holdings with gold or forex. Commission-free broker Capital.com
is regulated, with access to heaps of markets. Moreover, you can invest in Tezos from $25!

 

8cap - Buy and Invest in Assets

Our Rating

  • Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
  • Buy over 2,400 stocks at 0% commission
  • Trade thousands of CFDs
  • Deposit funds with a debit/credit card, Paypal, or bank transfer
  • Perfect for newbie traders and heavily regulated
Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.

FAQs

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