Get $10 Cashback in Bitcoin
Tezos Wallet
(XTZ)
Tezos (XTZ) is a decentralized, open-source blockchain that serves as a platform for smart contracts. ZenGo is a Tezos (XTZ) wallet that allows you to send, receive, trade, and stake Tezos (XTZ) at any time.
What can you do with ZenGo's Tezos (XTZ) Wallet?
Cryptocurrencies can be volatile, and savvy investors need easy access to their coins to make the most of the peaks and troughs, multiple payment methods, and access to various coin types. They also need total transparency to strike while the iron (or the market!) is hot.
ZenGo offers all of this and more. Here’s how:
View XTZ Portfolio
Say goodbye to out-of-date online portfolio trackers. You can view your XTZ portfolio in the ZenGo app at any time. Take advantage of a positive market by selling as values climb or buy while prices are low. ZenGo is the easiest and quickest way to keep track of your Tezos on your phone.
Send and Receive XTZ
You can receive or send Tezos to a separate wallet, friend or family member, or a crypto exchange using the ZenGo app – with no transaction fees! Our intuitive interface makes it as easy as a simple swipe or tap on your home screen. We’ll send you a notification as soon as your Tezos land in the wallet, and you can trade your Tezos right away.
Buy Tezos (XTZ) on ZenGo
and trade Tezos across a number of convenient and well-known payment partners. ZenGo has made acquiring Tezos and other forms of cryptocurrency easier than ever before.
Fiat to Tezos Gateway
Most crypto platforms require that you swap crypto for crypto, but not ZenGo. ZenGo’s payment partner allows you to purchase Tezos (XTZ) using real Fiat currency. You can purchase XTZ with Euro, US dollar, and pound sterling, making it the ideal wallet for first-time buyers.
Buy Tezos (XTZ) with Credit Card or Wire Transfer
ZenGo offers a range of payment options, including Visa or Mastercard, mobile payment apps, SEPA, or Swift transfer (in some countries). All payment options are accessible by tapping the buy icon. Simply enter the amount you’d like to purchase and complete the required information. ZenGo will send a verification code via email, which, once entered, will bring up a menu of payment options from which to choose. EU and UK customers can also use bank transfers (minimum amounts applicable).
Holding and Storing Tezos
If you prefer holding (or HODLing as referred to by online communities) your Tezos for an extended period, you can do so safely with ZenGo. ZenGo is one of the safest ways to hold cryptocurrencies because of its sophisticated recovery methods. Hold your Tezos in ZenGo and trade again when you are ready.
Trade or Exchange Tezos for Bitcoin, Ethereum, and Other Coins and Tokens
The ZenGo app allows you to diversify your crypto portfolio at any time. You can exchange your Tezos for any other assets supported by ZenGo, including Bitcoin, Ethereum, DOGE, Shiba Inu, Tether, etc. A full list of supported currencies can be viewed here.
Competitive Interest Accounts
One of the upsides of crypto trading and investment in the ZenGo app is its competitive interest accounts. With ZenGo you can save your crypto assets in a competitive account and watch them grow over time.
Top 10 Things you Should Know about Tezos
Tezos describes itself as the “blockchain designed to evolve” and seeks to address the key barriers to blockchain adoption in the global market. Let’s look at Tezos and how it’s performed in the market.
What Is Tezos (XTZ) Cryptocurrency?
Tezos is a blockchain network linked to a digital token called a tezzie or a tez. It’s not mining-based but instead follows a proof-of-stake mechanism. Most of the original blockchains required the help of development teams and mining communities to formulate new design choices, whereas Tezos leaves the decision-making to the network of token holders. Token holders are allowed to vote on protocol developments.
Who Created Tezos?
Tezos was created by a husband and wife team, Kathleen and Arthur Breitman, through their start-up, Dynamic Ledger Solutions, in 2014. Its initial coin offering (ICO) launched in 2017 and went on to earn $232 million, making it one of the largest of all time.
Why Was Tezos Originally Created?
Tezos was designed to address concerns about the flexibility and scalability of Bitcoin and prides itself on its ability to evolve. Tezos follows the Ethereum model of smart contracts. Smart contracts allow trusted transactions and agreements to be carried out among disparate anonymous parties and do not require a legal system, central authority, or any other external enforcement mechanism. Tezos lets participants directly control the network rules.
When Was Tezos Introduced?
Tezos was founded by Kathleen and Arthur Breitman in 2014. The coin was only launched in 2017. Arthur Breitman originally proposed Tezos in a position paper in 2014 under the pseudonym LM Goodman. In 2015, they created the company Dynamic Ledger Solutions which wrote the code for Tezos. The initial coin offering raised $232 million, exceeding their target of $20 million.
How Many Tokens were Created?
A token sale in July 2017 raised 65,681 BTC and 361 122 ETH. There were 743, 842, 304 XTZ issued at launch.
What Kind of Blockchain does it Run on?
XTZ runs on the Tezos blockchain network. The digital tokens are called tez or tezzies. The launch of Tezos introduced a DPoS (Proof of Stake) consensus model that allows token holders to lock up their tokens in exchange for the ability to stake blocks. The Tezos community calls this “baking”.
Who Are the Most Popular Supporters of Tezos?
Mike Shinoda of Linkin Park is a fan of Tezos and has even released a few NFTs featuring his artwork.
Does Tezos Have An Online Community?
Tezos has one of the most vibrant communities online. They can be found on Reddit, Stack Exchange, Twitter, GitHub, Agora, or other platforms listed on the Tezos website. You can become a part of the community when you buy your Tezos on ZenGo!
Where Can I Use Tezos in Real Life?
It’s possible to purchase gift cards with Tezos that can be spent at many leading retailers.
Can You Mine Tezos?
You can’t mine Tezos because it uses a Proof of Stake protocol. You can buy or trade XTZ via your ZenGo wallet.
Fun Facts about Tezos
- Tezos had the most successful ICO (initial coin offering) of all time at its release.
- The ICO was followed by a large legal dispute between the Tezos President Johann Gevers and Arthur and Kathleen Breitman, which led to even further legal disputes. The issuing of tokens was significantly delayed significantly.
- The word Tezos means "smart contracts" in Greek.
- Participants need 8,000 XTZ to become bakers. If you don't have enough XTZ to participate, another delegate can endorse you without giving up ownership of their tokens.
- Bakers and endorsers receive incentives (XTZ inflation or newly minted tokens) for their contributions.
Additional Features of Tezos
- Tezos is a self-amending blockchain because token owners can propose and vote on-chain to approve any proposed changes. This aims to reduce divisions within the community by eliminating off-chain governance discussions and forums that slow down decision-making.
- Tezos's Proof of Stake model is more environmentally friendly than mining. Staking also ties your coins to power the network and provides incentives.
- According to Staking Rewards, 77% of XTZ tokens earn an average of 4.66% APR in rewards.
Why Choose ZenGo?
As far as crypto wallets go, ZenGo is one of the best. Whether you are just getting started on your investing journey or a veteran that wants to upgrade to a sophisticated and secure wallet, ZenGo will meet your needs.
All you need to get started is the ZenGo app. Here’s what we offer:
Portfolio Accessibility
ZenGo believes that your crypto wallet should be flexible and easy to access at any time without going through lengthy withdrawal processes or paying exorbitant transaction fees. Trading happens on the go, wherever you are, from your mobile phone.
Tezos Keyless Wallet Security
There are only two things that are non-negotiable when it comes to a wallet: security and proof of ownership. ZenGo keeps your Tezos safe through threshold key signatures (TSS) and 3-factor authentication.
ZenGo uses unique facial recognition to secure your wallet and prove ownership even if you lose your phone! Your account is confirmed via email and backed up in the cloud so that you can restore it with facial recognition at any time, even if your device is broken, stolen, or lost.
Control your Crypto
Don’t keep your Tezos locked in exchanges that make it hard to access and use. ZenGo makes it easy to send, receive, buy or trade your Tezos in a few simple taps without incurring heavy transaction fees.
Effortless Recoverability
ZenGo’s wallet is keyless and non-custodial. You are guaranteed access, even if your phone is lost or damaged, making it one of the safest ways to store and transact with Tezos.
24/7 Support with Live Agents in-App
ZenGo offers 24/7 support right in the app. Live agents stand by to answer your queries or help you whenever you need them.
Tezos Crypto Wallet FAQ
Still, have questions? We’ve compiled a list of frequently asked questions about Tezos (XTZ):
ZenGo makes it easy for anyone to buy crypto for the first time. You can download the ZenGo app from your app store and follow the instructions to set up your account. You can buy your first XTZ tokens by clicking the buy button. There are dozens of payment methods to choose from.
When you buy crypto, your priority is keeping it as safe as possible. ZenGo is the most secure crypto wallet on the market, where you can store your XTZ Coins with complete peace of mind. ZenGo uses a combination of safety features to protect your currency against hackers. ZenGo uses threshold signatures to instill high levels of security. Instead of storing a private key on the user’s phone, which could be lost, we divide the private key into two parts. One is stored on the user’s phone and one on the server, making it harder to hack.
Think of your wallet as the combination you use to access your safe full of crypto coins. Your coins stay secure in the safe (the blockchain), but you can’t access it without the combination (your wallet). Your XTZ wallet is the proof of ownership required to access your cryptocurrency.
It’s really easy to set up your wallet because the ZenGo app does all the work for you.
- Start by downloading the ZenGo app from the app store.
- Swipe right and click Get Started.
- Enter your email address and confirm the link in your inbox.
- Use face recognition and follow the prompts.
- Click “BackUp Now”. Repeat face recognition.
You’re all set up! As easy as that.
Your ZenGo app will create a wallet address for you. You just need to tap the asset and swipe right. A QR code will appear with a string of numbers and letters beneath it. That is your wallet address! You can share the address with others who want to send you crypto.
ZenGo is really in the giving spirit. Use our referral code to invite someone to download ZenGo, and we’ll gift them with additional crypto if they spend $200 in their first 30 days. Once they’re set up, you can gift them with Tezos (or other coins) at any time. We’ll throw in a referral bonus for you, too!
All you need is a smartphone equipped with the ZenGo app. You will need to confirm your email address, scan your face, and backup your information in the cloud. The easy-to-follow prompts in the app will take you through all the steps one by one.
All you need is a smartphone equipped with the ZenGo app. You will need to confirm your email address, scan your face, and backup your information in the cloud. The easy-to-follow prompts in the app will take you through all the steps one by one.
If someone wants to send you some Tezos, you need to provide them with your wallet address. You will receive a notification on your home screen that you’ve received coins. Hit the notification in the app and swipe left or tap the asset to receive your coins.
