🔥 Buy Tezos Instructions | Paypal, Credit Card & SEPA

The ICO - i.e. the Initial Coin Offering - of the crypto currency Tezos was an incredible success at the beginning: The ICO started on July 1, 2017 and also became the second largest ICO of all time: Tezos was able to collect Ether and Bitcoin worth around 232 million US dollars - So far there has only been one major ICO, and Filecon has succeeded in each of them (income amounted to 257 million US dollars).

Tezos (XTZ) course development

With the then president of the corporate foundation "Dynamic Ledger Solutions", however, there were ultimately serious difficulties. If it was agreed that the foundation should be set up to develop the blockchain source code, it was also contractually agreed that the foundation would then acquire the finished source code from the company. However, after internal disputes, Johann Gevers, the president, refused to leave the office of president to someone else - he also blocked the foundation's financial resources. It was therefore not possible to continue working efficiently on the cryptocurrency. In the end, Gevers resigned - but Tezos has not been able to fully recover from these disputes.

But time heals all wounds and so the cryptocurrency is predicted that interest will increase in the near future. Mainly because more and more crypto fans are looking for alternatives to Bitcoin and Co. Many crypto fans also see Tezos as a promising crypto currency that - according to some proponents - could provide positive surprises in the near future.

Buy Tezos from Germany, Austria & Switzerland Instructions:

Tezos fans from Austria, Germany and Switzerland can buy coins of the crypto currency Tezos via crypto exchanges. The crypto exchange eToro is worth mentioning here. It is a well-known and popular crypto exchange. It should be noted that eToro is not a classic crypto exchange, but rather a kind of social trading platform through which you can trade or speculate with stocks, raw materials and crypto currencies. In order to be able to buy Tezos via eToro, a registration is required - that is, you must first have an eToro account in order to be able to subsequently buy coins of the cryptocurrency.

Step 1: Register with eToro


Anyone who has convinced themselves of eToro and has come to the conclusion that they now want to buy Tezos via this platform must open an account at the beginning. eToro now wants to know some data from the new user: First the first name and surname, then the valid or current e-mail address and then a password. After that, the account is opened - the whole process takes no more than a few minutes.

eToro login or registration

Step 2: Deposit with PayPal, credit card or instant transfer

In order to be able to buy coins of the crypto currency Tezos, it is necessary to top up his eToro account. In this case you can use the services of PayPal. So if you still have money in your PayPal account, it can easily be transferred to the eToro account. In addition to PayPal, there is also the option of topping up the eToro account with the credit card. But the option of immediate transfer is also offered.

Furthermore, eToro accepts the following deposit options:

  • Skrill
  • Neteller
  • Giropay

The money is then available immediately or only after a few working days - depending on which deposit option has been selected.

eToro Deposit Money Overview

Step 3: Buy and Sell Tezos (XTZ)

If the money is available in the eToro account, an investment in Tezos is now possible. In this case, you only have to click on "Kryptos" in the upper area of ​​the platform. An overview of the cryptocurrencies available on eToro will now appear. But you can also search for Tezos directly. Simply enter “Tezos” or the abbreviation “XTZ” and the cryptocurrency will appear on the screen. eToro also offers various statistics, information and a chart to see how the price of the crypto currency has developed in the last few days, weeks or months. Now you click on "Trade" and can then buy coins of the crypto currency. In this case, you only have to enter the desired euro amount - then the number of coins that you get for the euro amount is calculated. Incidentally, the digital coins are transferred directly to the eToro wallet, although there is of course the option of using an external wallet.

Selling is done in the same way - but in reverse order. It is advisable to think in advance about the price at which it should be sold again.

eToro Markets Finding Tezos (XTZ)


eToro Tezos (XTZ) market at a glance

Tezos (XTZ) buy deposit methods

eToro offers its customers and users of the platform different options for making deposits. Due to the fact that in addition to instant transfer, PayPal and credit card payments are also permitted, each user will certainly have his or her favorite payment method available.

Tezos (XTZ) buy PayPal

Deposit eToro money via PayPal

The online payment service provider PayPal is particularly popular. Because here the money is transferred within a few seconds so that it is immediately available on eToro. If you don't have enough money on your PayPal account or insufficient for your plan to invest in Tezos, your PayPal account can also be topped up within a few moments.

Buy Tezos (XTZ) Sofortüberweisung

Deposit eToro money via instant transfer

In addition to PayPal, there is another - and extremely popular - way to top up your eToro account with Sofortüberweisung. Here, too, it actually only takes a few minutes for the money to be available on the eToro account. You only have to enter the IBAN and Swift / BIC as well as the desired amount that you want to transfer.

Tezos (XTZ) buy credit card

Deposit eToro money by credit or debit card

You can of course top up your eToro account with your credit card. If you want to use your MasterCard or VISA credit card, you must state the name of the credit card holder, the credit card number, the expiry date and the check digit that can be found on the back of the card.

Buy Tezos (XTZ) with Paysafecard

At this point it should be mentioned that it is currently not possible to deposit with the Paysafecard.

How to buy and sell Tezos

Coins of the crypto currency Tezos can be bought without registration, without confirmation of identity (so-called verification) - i.e. completely anonymously.

Buy Tezos without registration

A registration on eToro is a requirement in order to be able to buy coins of the crypto currency Tezos. However, it is possible to purchase coins without registering via the private route, a so-called peer-to-peer connection.

Buy Tezos anonymously

The peer-to-peer connection may subsequently enable an anonymous purchase, with the transaction being stored in the blockchain. However, there is no personal information to be found.

Buy Tezos without verification

Some providers dispense with verification, but it should be mentioned at this point that a lack of identity confirmation is often associated with a limited range of services. This means that if you want to use all the functions available on the platform, you should confirm the account or your identity.

 

Where to buy Tezos (XTZ) the cheapest: Crypto exchange fees comparison

There are not the same fees everywhere - the following table shows an overview of which crypto exchanges can be traded particularly cheaply.

eToro Plus500 Libertex
Deposit fee - - -
Withdrawal fee $ 5 1,9% -
Purchase fee 1,9% 3,08% 0,41%
Holding fee - 0,05% -
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Buy Tezos or not: Is it worth buying Tezos

Tezos is a cryptocurrency that is struggling with a strong competitor - we are talking about Ethereum (Ether). Even if BTC Pactual, South America's largest bank, has only been working with Tezos Security Token since 2019, previously there was only Ethereum in Security Token Offerings (short: STO). But the upswing that was felt in 2019 doesn't have to last forever - that is, according to market capitalization (1,586.710.393 US dollars, 19th place in the ranking of the top 100 crypto currencies [as of mid-November 2020]) upper third, but Tezos was already among the top 10. So you have to keep working in order to move up again or not to lose any more places.

On the Tezos homepage, for example, it is stated that privacy improvements are to be made in the future. In connection with privacy are scalability and smart contracts - i.e. intelligent contracts. Topics that are sure to gain importance in the near future. And if Tezos continues to do a good job here and scores with new opportunities, then the return to the top 10 cryptocurrencies will certainly be possible again.

eToro Tezos (XTZ) Buy Option

At the current time, the price of the cryptocurrency is at $ 2,10. The all-time high was set in August 2020 - at that time the price was 4,44 US dollars. It can very well be worth investing in Tezos, as the crypto currency inspires crypto fans due to its on-chain governance and many other properties, as the blockchain philosophy according to Satoshi Nakamoto, the inventor of Bitcoin, is largely used here comes.

However, it should be mentioned that cryptocurrency prices are extremely volatile - slumps and increases are possible again and again, so only money should be invested that is freely available, i.e. not needed for the next monthly rent or credit card.

Other special features of the Tezos (XTZ) purchase

A unique architecture is used here: Network Shell. This is an agnostic native middleware that made it possible for the team of developers to create a modular blockchain network that can change, update and even supplement itself. This is because a certain set of rules is followed here.

The blockchain generally consists of three layers - the network layer, where communication takes place between the peers and the nodes, the transaction layer, the specification of the transaction verification protocol and the self-explanatory consensus layer. At Tezos, on the other hand, the transaction layer was merged with the consensus layer - this is the blockchain layer. With Network Shell, it is possible to create completely seamless communication between the network and blockchain layers, while the network layer, however, remains agnostic towards the other layers. It is thus possible that upgrades such as network changes can be controlled in a democratic way.

This unique architecture makes on-chain governance possible, so that upgrades and changes can be made without having to go through a hard fork. This means that there is a vote on every proposed amendment so that the majority of those involved can decide whether or not to change.

Buy Tezos Miner

In order to be able to mine cryptocurrency coins, a PC with internet access is required. It is also necessary to have at least 10.000 coins and have a wallet in which the coins can then be stored. It should be mentioned that this is not about mining, but about so-called baking.

The peculiarity? One has to be chosen. The selection of the so-called Baker takes place here at random. A Baker is selected after 4.096 blocks - creating 4.096 blocks corresponds to a time window of around three days. It should be noted that Tezos baking works much faster than Bitcoin mining. While a new block is generated every 10 minutes in mining, only around 60 seconds need to be taken into account when creating blocks at Tezos.

In order to be able to slip into the role of the Baker at all, 10.000 coins must be deposited. However, it is possible to delegate stakeholders who make small deposits so that a total value of 10.000 coins is achieved. If the selected Baker manages to find a block, there is a reward - this amounts to 16 coins. That is a little more than 30 US dollars at the moment. In order to receive the reward, the block must be confirmed. In this case, 32 stakeholders are required - these 32 stakeholders are also selected at random. Stakeholders receive 2 coins as a reward.

Buy Tezos stock

Tezos has managed to experience one of the most successful ICOs of all time - in a period of 14 days it was possible to raise over 232 million US dollars. The most important investors: Limitless Crypto Investments, Dalma Capital, Boost VC, Enabling Future and Cypher Capital. Even if there are no Tezos stocks, there are some companies that are involved in the cryptocurrency. Anyone who invests in such stock corporations has a good chance that if the price of the cryptocurrency increases, the company's share price will rise at the same time.

Buy Tezos Conclusion: This is the best way to buy Tezos

If you have come to believe that Tezos is a very promising cryptocurrency, the price of which will rise in the near future, it may be advisable to buy coins of this digital currency. As already mentioned, the crypto exchange eToro can be recommended here.

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Rebecca Tilden

There is no doubt that cryptocurrencies and the technology behind them are our future. Rebecca Tilden strives to make the transition easier for everyone by providing useful information to be part of the revolution.

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