Why use Swyftx to Buy Tezos?

Lowest Fees

Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Tezos, than our closest competitors.

Instant Verification

Verify online instantly without uploading documents and deposit AUD to start Tezos trading in less than 2 minutes.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

What is Tezos?

Developed by ex-Morgan Stanley analyst Arthur Breitman. Tezos (XTZ) is a multi-purpose platform that supports dApps and smart contracts. It aims to combine a self-correcting protocol and on-chain governance to manage network modifications. Tezos is powered by XTZ, which is created through \’baking\’. Bakers put up deposits and are rewarded for signing and publishing blocks. Witnesses then validate the blocks. Dishonest bakers lose their XTZ deposits. Tezos uses delegated proof-of-stake (DPoS) and supports Turing complete smart contracts. Tezos is implemented in the OCaml programming language, which is said to offer functional, imperative, and object-oriented styles.

How do I buy Tezos?

To buy Tezos, log into the Swyftx crypto exchange, enter an amount of Tezos you want to buy, or the amount of Australian dollars you want to sell. If you’re happy with the price, tap the ‘Buy Tezos‘ button to complete your Tezos purchase. You can deposit AUD via BPAY, OSKO, PayID, POLi Pay, or Bank Transfer as your payment method to instantly purchase Tezos and other digital currencies, including ‘alt coins’. Once the transfer is processed, your account balance can be used to buy Tezos which will be available in your Swyftx hosted online Tezos wallet immediately. Many altcoin wallets are also available in case you want to buy crypto.

You can deposit or withdraw your Tezos or other digital currencies from your private online Swyftx wallet at any time. Sign up for your own Tezos exchange trading profile and start buying or selling Tezos by creating a free account now.

How do we determine the price of Tezos?

The price of Tezos listed for trading on the Swyftx crypto exchange is set by real world trade volumes averaged on global exchanges, so our Tezos price won’t fluctuate as heavily as you might see on our competitors sites. Tezos prices are influenced by the supply and demand from buyers and sellers through out the world.

The current price of Tezos is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at. Swyftx doesn’t charge any artificial spread on Tezos nor does it “make the market” when you buy Tezos. This means you can trade as little or as much Tezos as you like and know that you’ll always get the best prices with the lowest fees on our Tezos Exchange.

Tezos in minutes!

Buy Tezos on Swyftx and we immediately make the Tezos available in your wallet. It’s super easy and super fast!

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