Tezos (XTZ) is a popular cryptocurrency and a decentralized computing platform supported by a global community of creators, validators and researchers. This network seeks to speed up innovation, reduce contention and better coordinate stakeholders in the Tezos network. This network has high security and is upgradeable and scalable due to its modern architecture. Tezos is an efficient and up-to-date blockchain that aims to introduce itself as part of humanity’s digital future by making it easier to trade NFTs, play games and build a decentralized network with a true digital community. In this article, we examine what are the types of Tezos cryptocurrency trading methods? So, if you want to learn how to buy and sell Tezos digital currency, we invite you to follow Valex blog.
Tezos cryptocurrency trading method
To invest in this cryptocurrency and enter its market, it is necessary to know the methods of buying and selling Tezos. In general, you can use centralized or decentralized exchanges to buy and sell digital currencies, including Tezos. Each of these exchanges has its own characteristics and is suitable for trading Tezos. Before you start trading, you need to get enough information about centralized and decentralized exchanges, as well as how to buy and sell currency in them. In the following, we will fully examine each of these exchanges and how to buy and sell Tezos digital currency inside them.
How to buy and sell Tezos currency in centralized exchanges
Centralized exchanges are known as popular exchanges in the field of digital currencies. These exchanges act as an intermediary for traders and allow them to start trading in a safe and professional environment. In fact, the exchange protects your assets and monitors your activity. Be careful that centralized exchanges are very diverse and their main offices are scattered in different parts of the world.
How to buy and sell Tezos digital currency in centralized exchanges is quite simple and even beginners can do their transactions easily. To make Tezos transactions in these exchanges, it is enough to create an account and then top up your account. After this you can do your transactions in different ways. Digital currency transactions are carried out in centralized exchanges in the form of spot, futures, margin, robot trade, etc.
Centralized exchanges have relatively good security, and if you follow the steps of two-factor authentication and verification, your assets will be completely safe. Easy access to the exchange, use of the wallet, fast support, various trading methods and support for different operating systems are among the advantages of centralized exchanges. The only challenge of these exchanges is their actions against Iranian users. In other words, if they find out your real identity, they will block your account and your assets will be blocked. To solve this problem, you can use fixed IP VPNs. Of course, this work is associated with many challenges and risks and is not recommended.
In general, the best centralized exchanges in the world are:
- Binance
- Coinbase
- KuCoin
- Bybit
- Kraken
- Wallex
How to trade Tezos cryptocurrency on decentralized exchanges
Decentralized exchanges are another platform for buying and selling Tezos digital currency. There are no intermediaries in these exchanges, which means you can do your transactions directly with traders. On the other hand, there is no need for authentication in these types of exchanges. For this reason, most people welcome decentralized exchanges. Because these exchanges allow you to be the main owner of your assets and not provide your wallet password to the exchange.
Decentralized exchanges are highly secure and always available. You must protect your wallet password well in order to enter the exchange whenever you want and do Tezos currency transactions. Be careful that most traders of decentralized exchanges are completely professional and dominate the market. On the other hand, since these exchanges are relatively new, you must learn how to buy and sell Tezos digital currency in the desired exchange. By following these two points, you can make your transactions easily and get a very good profit.
In general, the best decentralized exchanges in the world are:
- UniSwap
- Pancake Swap
- Curve
- Sushi Swap
- Spooky Swap
The best exchanges for buying and selling Tezos currency
In the previous part, we examined how to buy and sell Tezos digital currency. Now the question arises, which exchanges should we use to trade Tezos currency? Since most of the international exchanges have boycotted Iran, currently only some exchanges provide services to Iranians. By knowing these exchanges, you can safely carry out Tezos currency transactions. In general, the best international exchanges suitable for Iranians are:
1- Quinx
You have probably heard the name of Quinx a lot by now. This platform is known as one of the best exchanges for Iranians, which has been operating since 2017. Quinx has a bit of a challenge in terms of security, but due to the unique services it offers, it is extremely popular among Iranians. This exchange has more than 3 million active users and supports various tokens including Tezos. Simple user interface, fast support, Farsi language support and mobile application are the main features of this exchange. You can visit this exchange without needing a fixed IP filter and do your transactions safely.
2- Cocoain
Kocoin is another favorite exchange of Iranians that you can use to buy Tezos. This exchange supports popular and diverse tokens and has provided the necessary conditions for conducting various transactions for users. Kocoin has no problem with Iranian users and you can do your transactions by opening an account in Iran site. Don’t worry about learning how to buy and sell Tezos digital currency in Kocoin exchange. Because there are various trainings on the internet for this exchange. By registering in this exchange, you can do your transactions without the need for authentication and enjoy low transaction fees (0.2).
3- Bing X exchange
Bing X is one of the most reliable and popular exchanges in the field of digital currencies, which has been operating since 2018. The main office of this exchange is located in Singapore and it has no problems with Iranian users. Bing X has a simple user interface and supports Persian language. Therefore, by registering in this exchange and charging your user account, you can easily do Tezos currency transactions. The attractive feature of this exchange is the support of various currencies for the futures section, and this allows you to carry out leveraged transactions with more variety. The trading fees of bingx exchange are very low and you can operate in this exchange without authentication.
4- Valex exchange
Valex is known as one of the best and most reliable Iranian exchanges that has been operating since 2017. This exchange supports more than 40 different tokens, including Tezos, and has provided the necessary conditions for fast and hassle-free transactions for users. Valex transaction fee is about 0.35% and it has high security. To operate on this site, you must complete the authentication process to increase the security of your account and start trading without any restrictions. In the following, we will fully examine how to buy and sell Tezos digital currency in Valex exchange.
According to the explanations given, you can choose the best and most suitable exchange for buying and selling Tezos currency. Each of these exchanges has its own characteristics and are the best in turn. But considering the fact that you live in Iran and are known as an Iranian user, it is better to use the reliable Valex exchange. This will make you benefit from its special privileges and not face any problem in the future.
Step-by-step training on how to buy and sell Tezos digital currency at Valex exchange
Valex is known as one of the best Iranian exchanges that support Tezos currency. By visiting this site, you can buy and sell Tezos currency easily and within a few seconds. In general, the way to buy and sell Tezos digital currency in Valex exchange is as follows:
1- Registration in Valex exchange
To buy and sell Tezos currency, you must first create an account in Valex exchange. For this, it is enough to do the following steps in order:
- Log in to Valex.
- Click on the registration box on the left side of the site.
- Click on the create personal account box.
- On the page that opens for you, enter your mobile number and password, then click on the registration option.
- At this stage, a 6-digit code will be sent to your phone number.
- As soon as you receive the code, enter it in the specified box.
2- User account charging
After opening an account in the Valex exchange, you must top up your user account. This is mandatory for buying and selling Tezos currency. Because you cannot make a transaction without having money in your wallet. For this, it is enough to do the following steps in order:
- Click on the wallet option on the left side of the site.
- Now click on deposit option.
- Specify the card number and deposit amount in the specified box.
- Then click on the payment option through the bank portal.
- Now you have to enter your bank card information in full and complete the deposit process.
3- Buying and selling Tezos currency in Valex exchange
After you have passed the previous two steps, you can start the process of buying and selling Tezos. Tezos digital currency trading is done in both instant and advanced ways. Each of these methods has its own advantages and is used in different situations. In instant buying and selling, Tezos currency is traded at the spot price. But in advanced trading, you can choose your desired price and wait for Tezos to reach the set price.
Tezos storage
You can use Tezos wallets to store this currency. Many wallets support Tezos currency. This shows its popularity and credibility. The best Tezos currency wallets are as follows:
- Kukai
- Atomex
- Guarda
- Trust Wallet
- Galleon Tezos Wallet
- Exodus
- Ledger Nano S
- Atomic Wallet
The future of Tezos digital currency
Tezos is one of the popular and well-known currencies in the cryptocurrency world, which has attracted the attention of many audiences. This unique currency has many advantages and intends to create a better world for users using its powerful system. Tezos is very secure and popular companies such as tZero and Elevated Returns use its blockchain. The network of this currency supports smart and multi-signature contracts, has high security, offers many specialized tools, and its network is easy to upgrade. This currency has a high growth potential, but the future of the Tezos currency depends on the plans and goals it has in mind. In this article, we taught how to buy and sell Tezos digital currency with different methods. Therefore, by learning how to trade Tezos cryptocurrency, you can easily invest in this promising currency.
The article on teaching how to buy and sell Tezos digital currency for the first time on Wallex blog. appeared.
