Swapping Ethereum (ETH) for Tezos (XTZ) is safe, easy, and effortless with Zengo. Simply trade your Ethereum for Tezos tokens on the go without making any mistakes with the Web3-ready non-custodial Zengo wallet app.
Ethereum is a digital platform that takes the blockchain technology created by Bitcoin and expands its usage to accommodate a wide variety of other applications. This should not be confused with Ether, the crypto token that supports the network, which is often referred to as Ethereum. The Ethereum platform was launched in 2015 by the programmer Vitalik Buterin and his team with the idea of creating a vehicle for decentralized and collaborative requests. Ether (ETH) is a token that can be used in transactions conducted through this software. Like Bitcoin, Ether exists as part of an independent, equal financial system outside of government oversight and intervention.
Tezos (XTZ) is a so-called self-governance blockchain and cryptocurrency. The people within the Tezos community determine what happens to the blockchain. They have control over its operations, updates, rules, etc. Tezos was launched in 2014 and created by husband-and-wife Artur and Kathleen Breitman. Back then, they both worked at Morgan Stanley and envisioned a regulated cryptocurrency landscape. Tezos is often compared to Ethereum (ETH). This is because Tezos has many of the same features that we also find with Ethereum. For example, it is possible to run smart contracts on Tezos. This makes it possible for developers to program decentralized applications (Dapps) on the Tezos blockchain.
When you have set up your Zengo wallet app and followed the on-screen instructions to finish the onboarding process, follow the steps below to swap your Ether for Tezos.
With Zengo, trading Ether for Tezos is both easy and secure. Listed below are some of the key reasons why so many crypto investors choose Zengo as their wallet:
With the state-of-the-art Zengo wallet, you can buy, sell, send, receive, trade, and swap cryptocurrencies such as Bitcoin, Ethereum, Polygon, Chainlink, and Dogecoin effortlessly on the go. Apart from cryptocurrencies, Zengo also allows you to store and manage your NFTs and connect with NFT marketplaces like OpenSea directly from within the app. Additionally, Zengo offers access to Web3, Metaverse gaming, Dapps, and decentralized finance via WalletConnect.
The Web3-ready Zengo wallet app is the safest and most secure non-custodial wallet available today that makes use of the latest MPC technology to safeguard your digital assets with biometrical 3-factor authentication. Once you’ve made the switch to Zengo, you never have to use traditional seed phrases or print out QR codes anymore. Just log in to the app with your facial ID to view and manage your cryptocurrency portfolio.
As a non-custodial wallet app, Zengo gives you full control over your cryptocurrency holdings and private keys. Zengo allows you to easily send, receive, trade, and swap cryptocurrencies on the go, when and whenever you want.
Zengo enables users access to a broad selection of cryptocurrencies across multiple blockchains at low, competitive fees. Additionally, Zengo doesn’t charge its users any transaction fees to send or receive cryptocurrencies; however, third-party and miner fees can still apply. But there is more: as a Zengo user, you decide how much transaction fees you want to pay. The more fees you decide to pay, the faster your transaction will be processed. For more information, check out our complete fee overview.
Zengo guarantees the safety of your crypto and NFT portfolios at all times. If you ever lose access to your device, simply use Zengo’s biometric and keyless recovery feature to regain access to your digital asset holdings.
In case you are feeling a bit insecure about swapping your Ethereum for Tezos or the other way around or have any other quotations related to Zengo’s services, you can always contact our professional 24/7 available support staff by both email and live chat. If you have a more general question about your Zengo wallet, we recommend checking out our Online Help Center.
Trading and investing in cryptocurrencies can be exciting and profitable. However, cryptocurrency trading is still primarily unregulated, and the majority of cryptocurrencies are highly volatile. Zengo safeguards your cryptocurrency portfolio and provides you access to Web3, Dapps, and NFT marketplaces, but it doesn’t provide its users with financial advice, nor does it recommend buying, selling, staking, or trading any particular cryptocurrency. It is strongly recommended that you always do your own research before investing in any cryptocurrency or digital asset.
Zengo goes the extra mile to ensure swapping ETH to XTZ is as simple and secure as possible. If you, however, have any questions regarding swapping Ether for Tezos tokens, we recommend reading our FAQ section below.
Although both Ethereum and Tezors use smart contracts and are open-source, Ethereum uses Solidity, which provides support for custom user types, libraries, and inheritance qualities, whilst Tezos uses Michelson for its smart contracts, which uses unique data structures, functions, and stack-based programming. Another key difference between the two tokens is that Ethereum uses an off-chain governance mechanism, whilst Tezos uses an on-chain governance mechanism. This means that Tezos can upgrade itself by hard forking into two different blockchains, whilst with Ethereum, its community has to agree first.
This means that you swap your Ether tokens for Tezos or the other way around from within the Zengo wallet app using its swapping feature.
Yes, you will need to use a safe and reliable cryptocurrency app like Zengo to trade Ethereum for Tezos tokens and vice versa. The Zengo wallet app allows you to do exactly this. Once you have set up your Zengo wallet app, you can swap Ethereum, Tezos, and other cryptocurrencies, such as Alpha Finance, Voyager, and Sandbox, against low, competitive fees.
Yes, there are minimum trading amounts between Ethereum and Tezos when swapping via Zengo. These minimum trading amounts are determined based on current market conditions. Simply log into your Zengo crypto wallet app and open the trade screen to find out the current minimum trading amounts between Ethereum and Tezos.
For more information about our minimum trading amounts, fees, and limits, click here.
Via Zengo, you can trade your Ethereum and Tezos for DOGE, USDT, BTC, wBTC, SHIB, USDC, MATIC, ALPHA, SAND, MANA, EUROC, and other cryptocurrencies.
Yes, you can send Ethereum and Tezos to other external wallets from your Zengo wallet. To do this, launch the app, navigate to either Ether or Tezos, determine how many tokens you want to send, paste the receiving address, follow the on-screen instructions, and tap the “send” button to finalize the process.
You will receive a push notification as soon as your Ether to Tezos trade is completed. Alternatively, you will see the status of the trade change from “Trade Pending” to “Trade Received” within the transaction history screen of the Zengo wallet app.
Yes, why wouldn’t you store Ethereum and Tezos in the safest and most secure cryptocurrency wallet? Zengo is the most reliable non-custodial cryptocurrency wallet on the market today that enables you access to Web3, Daaps, decentralized finance, and NFT marketplaces that allows you to store both digital assets safely. Furthermore, Zengo guarantees that only you can access the private keys to your coins via its biometric facial recognition 3FA system.
Learn more about Zengo’s security model.
Yes, you can buy both Ethereum and Tezos with Zengo. To do this, launch the Zengo app, tap “Actions” in the main menu, and tap the “Buy” button. Follow the on-screen instructions to finalize the Ethereum or Tezos buying process. Additionally, you can also buy other cryptocurrencies, such as Bitcoin, Dogecoin, and Polygon. A variety of payment options are available, including Visa, MasterCard, Apple Pay, and Bank Wire Transfers.
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