How to buy Tezo from Bitget 

What is Tezos (XTZ)?

Tezos is the first open-source public blockchain that has the ability to "self-amend", or self-upgrade itself without the need for a fork. People propose amendments and whichever receives favorable votings will be implemented. Thanks to this unique feature, Tezos can easily be updated with fast speed and low cost.

How Tezos (XTZ) Works

To enable a robust governance mechanism on the blockchain based on voting, Tezos adopts the PoS consensus. Staking at least 8000 XTZ (the native governance token of Tezos) allows a person to become a node, or "baker" in the case of Tezos. Though the name is peculiar, a baker has the role and responsibility of a node, meaning they produce blocks and earn XTZ as rewards. Furthermore, bakers play an active role in deciding the development of the Tezos network through the process of governance. The weight of each baker's vote is proportional to the amount of XTZ they stake in relation to the total amount of staked XTZ.

After a certain proposal reaches a super-majority of 81% or more, it is tested for 48 hours on the testnet to see if the change is safe and beneficial to adopt. Then bakers vote again to decide if the said proposal will be officially implemented in the Tezos blockchain. In case the proposal is accepted, its integration causes no interruptions or forking to the network.

Those who hold less than 8000 XTZ can also participate in the governance process by moving their tokens to whichever baker's opinion is in line with theirs.

How Many Tezos (XTZ) Tokens Are in Circulation?

XTZ is inflationary by design, which means that the supply increases with time. At the moment, there are 911,174,149.65 XTZ tokens in circulation.

How to Buy Tezos (XTZ)

Consider investing in Tezos (XTZ)? It only takes 2 minutes to create an account on Bitget and start trading XTZ. 

Check out the available XTZ trading pairs on Bitget!

Futures market

XTZUSDT

Tezos (XTZ) Resources

Official Website

Whitepaper

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How to buy Tezo from Bitget 

What to Do After I Buy Tezo

Store/Hold Tezo

Many users hold on to their Tezo with the expectation of it increasing in value. You can store your XTZ safely on your Bitget account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.

Trade Tezo

You can trade Tezo for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Tezo trading to meet your needs.

Send Tezo

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Tezo online and send to anyone and anywhere with their Tezo address.

Spend Tezo

You can also buy goods and services with your Tezo. More and more vendors and retailers accept Tezo every day.

Donate Tezo

Bitget Charity accepts Tezo donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Tezo so no one misses out on the growth made possible by blockchain.

Learn More About Tezo

You can read more in-depth articles on Tezo from Bitget Research and study how cryptocurrencies like Tezo work on Bitget Academy

Buy and Sell XTZ on the Move

Download the Bitget crypto trading app and trade your XTZ plus 150+ cryptocurrencies, anytime and anywhere.

(!) Cryptocurrency investment activities, including actions done to buy Tezo online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Tezo instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Tezo purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.