Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
Note: this cryptocurrency is not available for withdrawal to external crypto wallets. It can be bought, held, and sold on Uphold.
About Tezos (XTZ)
Founded in 2014, Tezos broadly speaking is an open-source platform for assets and applications. Look below the hood, and you see it’s a self-amending decentralized ledger backed by a global community of validators, researchers and builders.
Tezos facilitates peer-to-peer transactions, and also the establishment of decentralized applications (DApps) on the network. The network utilizes smart contracts to automatically execute the terms of a buyer-seller transaction agreement.
Network participants use proof-of-stake verification to come to a consensus on whether that block comprises a valid transaction.
This all sounds pretty similar to other blockchains that use smart-contracts, such as Ethereum. Where Tezos exhibits a stark difference from other blockchain-based transaction networks is with regards to its governance.
XTZ is the governance token adopted by the network for voting on upgrades to the underlying Tezos protocols.
Tezos epitomizes democratic on-chain governance. Any participants on the platform can stake XTZ in smart contracts to participate – or select someone else to participate on their behalf – in deliberation and formalization of agreements on protocol upgrades. This enhance-as-we-go process is known as self-amendment.
How to buy Tezos (XTZ)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
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