Cryptocurrencies are unregulated in the UK. Cryptocurrency profits may be subject to Capital Gains Tax. The value of investments is variable and can go down as well as up.
Buy Tezos in the UK
Tezos
XTZ
What is Tezos?
Tezos is a long-running Layer 1 alternative (i.e. the smart contract platforms that emerged after Ethereum). Like Ethereum, Tezos is used to power an array of web3 dApps, DeFi, NFTs and more.
Tezos uses what it calls a liquid Proof-of-Stake consensus mechanism, which operates in a similar fashion to regular PoS systems, but also allows users to loan their token staking rights to others to improve their chances of ‘mining’ the next block and receiving new XTZ. In the Tezos ecosystem, the act of pushing verified blocks to the blockchain is known as ‘baking’.
XTZ is the native token of the Tezos network. It’s used to power dApps and pay for transaction costs, as well as granting governance voting rights to holders.
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Buy Tezos instantly using Visa or Mastercard. Get cash in your account quick with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.How to buy Tezos with CoinJar
Start your cryptocurrency portfolio with CoinJar by following these simple steps.
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TRADE FOR AS LOW AS 0%Frequently asked questions
Why buy Tezos with CoinJar?
CoinJar is the longest-running crypto exchange in the UK and has been designed from the ground up with security and ease-of-use in mind. From the quick and intuitive sign-up process, to our lightning fast bank deposits and withdrawals, low fees starting at 0% (on CoinJar Exchange), and user-friendly iOS and Android app, CoinJar is the ideal crypto exchange whether you’re buying XTZ for the first time or an experienced investor.
Where can I store my Tezos?
You can store your Tezos in a hardware wallet or on a trusted exchange. Hardware wallets (such as the Ledger) offer high level security, allowing you to store your XTZ offline in a unit that only you have the password for. However, exchanges such as CoinJar also provide excellent security, keeping more than 90% of our crypto in cold storage or private, multi-sig wallets and offering our users next-gen 2FA account protection as default.
How to buy Tezos in the UK?
The best way to buy XTZ in the UK is through a trusted exchange like CoinJar. We offer accurate prices, low fees and an easy-to-use, ultra-secure app.
Who created Tezos?
Husband-and-wife team Arthur and Kathleen Breitman first proposed the idea of Tezos in a whitepaper they published in 2014. After raising US$232 million in a 2017 ICO, the first Tezos block was created in June 2018.
What is the safest way to buy XTZ?
The safest way to Buy Tezos is through a trusted exchange with a proven track record. CoinJar is one of the world’s longest-running crypto exchange and has been operating since 2013 with no unplanned downtime, security breaches or loss of customer funds. We are registered with the FCA UK (for AML purposes) and work with some of the world’s largest payment providers, including Mastercard, Visa, Apple Pay and Google Pay.
Can I buy Tezos with a Credit Card or Debit Card?
Yes – with CoinJar Instant Buy you can buy Tezos with any UK-issued Visa or Mastercard. We also offer support for Apple Pay and Google Pay.
How is the price of Tezos determined?
The price of XTZ in GBP is determined by the international Tezos market – basically, the price to be found on cryptocurrency exchanges in the UK and all around the world. These prices tend to be the same (or very close) because any differences are smoothed out by arbitrage traders that buy at one exchange and sell at another.
CoinJar’s digital currency exchange services are operated by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).
Like all investments, cryptoassets carry risk. Due to the potential volatility of the cryptoasset markets, the value of your investments may fall significantly and lead to total loss. Cryptoassets are complex and are unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.
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