How to get ZEN coins? Understand how to get ZEN coins in one article

Acquiring ZEN coins involves various methods such as purchasing from exchanges, mining, staking, and participating in community programs through ZenCash Node, faucets, airdrops, yield farming, Horizen Treasury, and referral programs.

Oct 10, 2024 at 06:29 pm

How to Get ZEN Coins

Horizen (ZEN) is a privacy-focused blockchain platform that aims to provide secure and anonymous transactions. Acquiring ZEN coins involves several methods, including:

1. Purchasing from Exchanges:

• Crypto exchanges such as Binance, KuCoin, and Gate.io list ZEN and allow users to buy it using various fiat currencies or cryptocurrencies.

2. Mining:

• ZEN can be mined as a reward for verifying and adding blocks to the blockchain. The Horizen team provides official mining software for Windows, Linux, and macOS.

3. ZenCash Node:

• Running a ZenCash node, also known as a Supernode, involves securing the ZEN network and participating in consensus. Node operators receive rewards in ZEN coins for their services.

4. Stake/Zen:

• The ZenCash wallet allows users to stake their ZEN coins and earn rewards for securing the network. Staking does not require the setup of a Supernode.

5. Faucets:

• Various online platforms, such as FreeZEN and Horizen Faucet, offer free ZEN coins to new users or for completing simple tasks.

6. Airdrops:

• Horizen occasionally conducts airdrops, distributing free ZEN coins to existing cryptocurrency holders in support of community growth.

7. Yield Farming:

• Decentralized finance (DeFi) platforms such as Zelcore offer yield farming opportunities where users can lend or stake ZEN to earn rewards.

8. Horizen Treasury:

• The Horizen team allocates a portion of the ZEN supply to support community projects. Interested individuals can apply for grants or funding from the treasury.

9. Referral Programs:

• Some exchanges and platforms offer referral programs where users can earn ZEN coins by referring new customers.

To maximize your ZEN acquisition, consider a combination of these methods based on your circumstances and preferences. It's important to research and compare options to find the best approach for you. Additionally, stay updated on Horizen's official announcements to participate in potential airdrops or grants.