tzBTC Price | tzBTC (TZBTC) Exchange Rate and Price Index

tzBTC is a token on the Tezos blockchain backed 1-1 by Bitcoin (BTC). Parity is ensured by a distributed group of keyholders and an independent third-party auditor. In short, the value of tzBTC aims to represent the value of BTC. Compared to WBTC on Ethereum, tzBTC is cheaper in usage due to lower transaction fees in Tezos blockchain. Moreover The Bitcoin Association Switzerland serves tzBTC as a third-party overseer and mediator to uphold the integrity of the keyholders, creating a more robust, albeit still trusted, checks-and-balances system.

Frequently Asked Questions

How to buy tzBTC?

You can buy tzBTC directly from your Atomex Wallet. To do this, you need to take the following steps:

Go to the Downloads page.
Download and install the Atomex Wallet that suits your device.
Create a new wallet or restore an existing one.
Go to the tzBTC page in the wallet and press Buy.
Enter the amount and select the address where you want to receive TZBTC.
Click "Buy" and follow the instructions.

How much does it cost to buy tzBTC?

The price of TZBTC fluctuates, but usually, it is almost the same on different exchanges at one time. So you just need to keep an eye on the price periodically. And once that seems like a fair price to you, you can easily get some {coin_short_name} in your Atomex Wallet.

What are the advantages of exchanging TZBTC on Atomex?

Atomex allows you to convert TZBTC in one click directly from your Atomex Wallet. You also do this without KYC, deposit and withdrawal restrictions or fees. Moreover, the exchange is processed in a decentralized manner, without trust in third parties. This way you get all the usual benefits of DEX in cross-chain transactions.

What is the best crypto exchange?

It depends entirely on your personal needs. Some people still rely on centralized exchanges. If you do, you should choose the most reliable and convenient one. There, you need to be sure that you will not lose your funds or face any obstacles such as KYC, limits, withdrawal stuck, etc.

On the other hand, if you are going to exchange on-chain, you should be aware of the different types of DEXs, routes, wrapped tokens, slippage and other things. For example, if you want to exchange TZBTC on-chain it is usually quite difficult to achieve the same simplicity as on centralized exchanges. This is where we can recommend that you try Atomex DEX, which is definitely one of the most convenient and efficient ways to exchange cross-chain.