Zenon (ZNN) is redefining decentralisation with its hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) system. Unlike many blockchain projects, it removes transaction fees by tokenising network bandwidth, making transactions seamless and cost-free. The token also integrates with Bitcoin, leveraging its PoW as a root consensus while functioning as a standalone Layer 1 network. The ZNN token plays a vital role in securing the network and enabling participation in governance.
Users can validate transactions, create digital assets, and contribute to the network’s development by running nodes. This unique model ensures a fair and decentralised ecosystem while rewarding those who help secure it. If you want to buy Zenon and become part of this innovative network, this guide will walk you through the process. Whether you’re new to crypto or an experienced investor, you’ll find everything you need to get started with ZNN today.
How To Buy Zenon In 4 Easy Steps?
Acquiring and securing Zenon tokens is a straightforward process. Follow these four steps to complete your purchase and store your tokens safely.
Step 1: Choose A Crypto Exchange Platform
Since Zenon cannot be bought with any major fiat currency, purchasing it requires trading with an altcoin. To do this, you need to choose an exchange that offers Zenon trading pairs.
Currently, Zenon can only be acquired using Tether (USDT). XeggeX and Nonkyc.io provide platforms to trade USDT for Zenon. If you already own USDT, you can use either of these exchanges to proceed with your purchase. Select the exchange that best meets your needs to ensure a smooth transaction.
Step 2: Register On Any Of The Platform
After selecting the exchange, you must create an account. Start by visiting the sign-up page and providing necessary details like your email, phone number, and username. Depending on the platform, identity verification may be required. However, in this case, neither XeggeX nor Nonkyc.io mandates that their users complete KYC as a part of signing up.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
With your account set up, it’s time to trade Tether (USDT) for Zenon. Deposit USDT into your exchange account and navigate to the Zenon trading pair. Choose the amount of Zenon you wish to buy and confirm your transaction. Both XeggeX and Nonkyc.io offer a simple process for trading USDT for Zenon. Ensure that you check the latest market price before completing your order to get the best deal.
Step 4: Store The Cryptocurrency In A Wallet
Once your purchase is complete, transferring your Zenon tokens to a secure wallet is essential. Keeping tokens on an exchange poses risks, so storing them in a personal wallet provides better security and control.
There are a few reliable wallet options that support Zenon. Syrius Wallet is specifically designed for Zenon transactions, offering a seamless storage solution. Additionally, BitGet Wallet and Ledger Wallet provide secure storage with added protection.
To transfer your Zenon, enter your wallet’s public address on the exchange, select the amount to move, and confirm the transaction. By doing this, you ensure that your tokens remain safe from potential threats while giving you full control over your holdings.
Popular Video Guides On Buying Zenon (ZNN)
Where To Buy Zenon (ZNN)
Established in Seychelles, XeggeX is a centralised cryptocurrency exchange specialising in low to medium-market capitalisation assets. The platform emphasises swift and secure transactions, offering features like liquidity pools without the need for wrapping assets across blockchains. Notably, XeggeX operates without mandatory KYC for crypto-to-crypto trading, imposing a daily withdrawal limit of $5,000 for non-verified users, which increases to $1,000,000 upon verification. The exchange also sets industry standards for transparency by implementing Proof of Assets and Proof of Liabilities using the Merkle Tree approach, allowing users to verify their holdings securely.
Factsheet
|
Operational Since: |
2017 |
|
Deposit Methods: |
Cryptocurrencies |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
570+ |
|
Trading Fees: |
0.06% – 0.2% depending upon token tier level |
|
Fiat Currencies Supported: |
None |
|
Trustworthiness: |
Safe and reliable |
Launched in 2023 and registered in Seychelles, Nonkyc.io is a centralised cryptocurrency exchange that prioritises user privacy by eliminating mandatory KYC procedures. The platform supports over 1,500 cryptocurrencies, facilitating cross-chain swaps without requiring account creation. Nonkyc.io boasts a 24-hour trading volume exceeding $10 million and holds total assets worth approximately $14.7 million. The exchange emphasises security through features like multi-factor authentication, regular system backups, and the use of both hot and cold wallet storage solutions.
Factsheet
|
Operational Since: |
2023 |
|
Deposit Methods: |
Cryptocurrencies |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
360+ |
|
Trading Fees: |
0.02%-0.6% |
|
Fiat Currencies Supported: |
None |
|
Trustworthiness: |
Safe and reliable |
Frequently Asked Questions
Where Can You Buy Zenon With A Credit Or Debit Card?
You cannot buy Zenon with a credit or debit card on any crypto exchange because it is not directly listed as a fiat trading pair. No exchange currently supports direct purchases of Zenon using traditional payment methods.
However, you can buy Tether (USDT) using a credit or debit card on platforms like Bybit and Binance. Once you have USDT, you can trade it for Zenon tokens on Xeggex and Nonkyc.io. These exchanges only accept crypto deposits, so you must complete the initial purchase before transferring funds.
What Will You Need To Buy Zenon?
Here’s everything you’ll need to own a Zenon token:
- Exchange Platform: Choose a reliable crypto exchange that supports Zenon, such as XeggeX or Nonkyc.io. These platforms allow you to trade Zenon efficiently without requiring identity verification. Always check the exchange’s features, fees and security measures before proceeding.
- Altcoin or USDT: You cannot buy Zenon directly with fiat currency. Instead, you must first purchase an altcoin like BTC or ETH or use USDT on a supported exchange. Once you have the required cryptocurrency, you can trade it for Zenon on XeggeX or Nonkyc.io.
- Crypto Wallet: Store your Zenon tokens in a secure crypto wallet after purchasing them. You can use wallets like Syrius Wallet, BitGet Wallet or Ledger Wallet to ensure maximum security. Always verify the wallet’s security features before transferring your assets.
Make sure you have everything ready for a smooth and hassle-free purchase.
What Is The Easiest Way To Buy Zenon?
The easiest way to buy Zenon (ZNN) is through XeggeX, a crypto exchange that does not require KYC (Know Your Customer) verification. This makes the process faster and more accessible for users who prefer privacy when trading cryptocurrencies. To buy Zenon, create an account on XeggeX and deposit Tether (USDT) into your exchange wallet.
After funding your account, navigate to the ZNN/USDT trading pair, enter the amount of Zenon you wish to buy, and execute the trade. Your purchased ZNN will then appear in your exchange wallet and be ready for withdrawal or further trading. Before making a purchase, check trading fees, withdrawal limits, and security measures on XeggeX. Also, consider transferring your Zenon to a secure wallet for better asset protection.
Best Wallets To Store Your Zenon (ZNN)
Choosing the right wallet ensures secure and hassle-free management of your tokens. Each option provides distinct features, allowing users to pick the one that best suits their needs.
- Syrius Wallet: Specifically designed for ZNN, this wallet delivers a seamless and efficient experience. It allows users to manage their holdings while supporting network interactions, making it the ideal choice for those actively engaged in the ecosystem.
- BitGet Wallet: A reliable multi-asset wallet that supports ZNN along with various other cryptocurrencies. It offers integrated trading, staking, and access to decentralised applications (dApps), making it a versatile option for investors.
- Ledger Wallet: A top-tier hardware wallet that keeps ZNN offline, Ledger Wallet ensures maximum security. It provides an additional layer of protection while allowing users to manage their assets through a dedicated companion app.
These wallets offer a combination of security, functionality, and ease of use, ensuring your Zenon holdings remain safe while catering to different user preferences.
