How to buy Horizen (ZEN) in Australia

Learn how to buy Horizen (ZEN) easily by following a step-by-step guide and compare 10+ crypto exchanges.

Horizen
ZEN- USD
$105.71
+ $3.10 ( + 3.02%)
PRIVACY

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How to buy Horizen

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Horizen.

  1. Open an account on an exchange that supports ZEN.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Horizen.
  3. Buy Horizen.
    Complete your Horizen purchase and then find the best wallet to store ZEN.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Horizen?

Horizen is a blockchain platform that focuses on scalable privacy. Launched in 2017, the project was first created as a hard fork of the Zcash project. It was originally called ZenCash. However, the project was rebranded in 2018 to Horizen. According to Horizen’s website, the project’s mission is to build a fair and inclusive ecosystem, where businesses can build their own blockchains utilising the platform’s scalable sidechain technology and node network.

Each separate sidechain is connected to the central Horizen mainchain. The mainchain implements a Proof-of-Work (PoW) Equihash consensus mechanism, which enables faster confirmation times. The sidechains implement a Proof-of-Stake mechanism validated by Secure and Super Nodes.

ZEN is the native token of the Horizen ecosystem. ZEN tokens are distributed to miners on the mainchain and those that stake to secure the sidechains. 60% are rewarded to miners. 20% are split evenly between Secure Nodes and Super Nodes. The remaining 20% are placed into the Horizen Team Treasury.

Horizen (ZEN) is the 112nd largest cryptocurrency in the world by market cap, valued at $1,278,804,812. The current price of Horizen is $108.47, which is 6.041% higher than yesterday. Prices have ranged between $109.64 and $98.18 over the past 24 hours. All prices are listed in US dollars and accurate as of November 29, 2021 09:11 UTC.

Where to buy Horizen

Find an exchange to buy, sell and trade ZEN by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

276
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

310
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

271
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

172
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Grow your retirement wealth with Cointree
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

865
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

453
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit\/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
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Is it a good time to buy Horizen?

The technical analysis gauge for Horizen displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Horizen based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Horizen: moving averages, oscillators and pivots. Finder is not responsible for how ZEN performs.


Horizen at a glance

Information last updated November 29, 2021 09:11 UTC.
Coin symbol ZEN
Coin Marketcap US$1,278,804,812
Total ZEN supply 21,000,000
Circulating ZEN 11,789,731
Current price US$108.47
All time high US$165.92
Notable team members Robert Viglione, Rolf Versluis
Partnerships StakeHound, IOTA, APIS, LTO Network, Celsius, Dragonchain
Industry Privacy-focused blockchain platform
Token uses Medium of exchange, mining, staking
Network Horizen

Horizen price performance over time

Historical prices compared with the price of US$108.47.

1 hour -0.12%
24 hours 6.04%
7 days -4.21%
14 days 12.52%
30 days 37.76%
60 days 66.77%
200 days -19.54%
1 year 640.68%

How to sell Horizen

You can cash out your ZEN with the same exchange you bought it through:

  1. Sign in to the exchange you have ZEN on.
    If you store your Horizen in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of ZEN you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Horizen.

What to consider when buying Horizen

Horizen is an innovative project that's trying to break into the blockchain arena. Before purchasing any ZEN tokens, here are a few factors that investors should consider:
  • Privacy at the forefront: Horizen uses zero-knowledge proofs within its network, which makes its ZEN token untraceable and unwatchable. For those looking for complete privacy, this is very advantageous.
  • Scalability: Horizen has primarily focused on developing sidechain technology to allow anyone to develop dapps that link seamlessly to the Horizen mainchain. Sidechains ensure high scalability while relying on the benefits of the Horizen mainchain’s network of over 30,000 nodes. The Cross-Chain Transfer Protocol (CCPT) technology allows users to send tokens quickly and efficiently between the Horizen mainchain and individual sidechains.
  • Supply: The total supply of tokens is capped at 21 million. Like Bitcoin, there is a periodic halving of block rewards. The first halving took place in December 2020. This halved block rewards from 12.5 ZEN to 6.25 ZEN.

Disclaimer: Cryptocurrencies, including Horizen, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ZEN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Horizen or any other cryptocurrency discussed.


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