XTZ is a native cryptocurrency in the Tezos network that is used for its maintenance and operation. Tezos is a blockchain network for smart contracts that has a few unique features. First of all, it uses an on-chain governance model to implement changes without the need for hard forks. XTZ owners can vote for protocol upgrades that democratize the development process.
Also, Tezos uses the Proof-of-Stake mechanism for network consensus. It means that XTZ is available for staking. CEX.IO supports Tezos staking, meaning users can receive rewards just by holding XTZ on their CEX.IO balance. We calculate the staking rewards every hour even if you place an order. The staking rewards are distributed at the end of the staking period.
With CEX.IO, you always have a choice of how to buy XTZ. CEX.IO is a cryptocurrency exchange where you can buy Tezos using debit and credit cards, domestic (ACH, SEPA, Faster Payments) and international (SWIFT) bank transfers, and online wallets (Skrill, Epay). Also, there are two services that allow you to buy XTZ — Instant Buy and Trade.
If you want to buy Tezos instantly using your debit/credit card or CEX.IO balance, then you should consider the Instant Buy service. Just select the currency in the droplist, enter the amount, and choose the option you want to buy with. Go on with these simple steps and you’ll become an XTZ owner in like a few minutes.
To start trading Tezos to USD, at first, you need to select the XZT/USD market on the Trade page or in the CEX.IO app. There you will also find a lot of available markets such as Bitcoin to USD, ETH/USD, and more than 100 others. After selecting the market, you need to place either market or limit order. The difference is that a market order allows buying/selling instantly for the best available price in the order book, while a limit order allows you to set the price you want to buy at. The limit order is executed when the market price reaches the level you defined or there is an opposite order in the order book. Until then, the limit order can be canceled.
You will be always informed about the current market situation and the latest XTZ price changes regardless of what you use — CEX.IO mobile or CEX.IO website. To find the XTZ price, just choose the appropriate market on the Trade page. There you will find not only the last price but also the Tezos chart with other helpful information. There is also a convenient way to compare the cryptocurrency prices on CEX.IO — Price page. You’ll find there the current cryptocurrency price and how it changed in the last 24 hours.
With CEX.IO mobile app, you’ll always know the Tezos price wherever you go. Set the price notification to not miss when the price reaches the important level.