What Is Horizen (ZEN)?
Horizen is a blockchain platform that focuses on privacy, scalability, and security, utilizing zero-knowledge (ZK) technology to support decentralized applications (dApps). Launched in 2017, Horizen operates as an Ethereum Virtual Machine (EVM)-compatible network, making it a versatile choice for developers. Its ecosystem is optimized for ZK-based use cases, such as decentralized finance (DeFi), identity verification, and gaming. ZEN, the native cryptocurrency of Horizen, plays a critical role in powering the network and facilitating governance through the Horizen Decentralized Autonomous Organization (DAO).
How Horizen Works
Horizen operates on a Layer 1 blockchain architecture designed for efficiency and modularity. It integrates zkVerify, a solution for proof verification that reduces costs and enhances performance. Developers can utilize precompiled contracts for ZK proof verification, simplifying the creation of private and secure dApps. The network leverages the Substrate framework, which divides the system into two main components: the Core Client for network activity and the WebAssembly (Wasm) Runtime for state transitions. This structure enables Horizen to support a variety of use cases, from private financial transactions to secure supply chain management.
Who Are the Founders of Horizen?
Horizen was co-founded by Dr. Rob Viglione, Rolf Versluis, and Jane Lippencott.
How Many Horizen (ZEN) Tokens Are in Circulation?
ZEN, the native token of the Horizen ecosystem, is available on various exchanges. It has a maximum supply of 21million tokens.
How to Buy Horizen (ZEN) on Bitget?
Consider investing in Horizen (ZEN)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available ZEN trading pairs on Bitget.
Is Horizen a Good Investment?
Determining whether Horizen is a good investment depends on various factors, including market conditions and individual investment goals. As the native token of a privacy-focused blockchain, ZEN offers utility in staking, transaction fees, and governance within the Horizen ecosystem. Its fixed supply of 21 million tokens adds an element of scarcity, similar to Bitcoin. However, potential investors should carefully evaluate the risks associated with cryptocurrency investments, including market volatility and regulatory developments, before deciding to invest in ZEN.
Simple 3-step guide to buying ZEN today in Senegal
Create your free Bitget account
Select a funding method
Complete your Horizen purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Horizen using a payment method of your choice:
Buy Horizen with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Horizen order.
How to buy crypto with credit/debit cardBuy Horizen with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Horizen is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Horizen order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Horizen order.Buy Horizen with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Horizen order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Horizen in your Bitget spot wallet
Bitget—where the world trades Horizen
How to buy Horizen for free
- Learn how to earn Horizen for free through the Learn2Earn promotion
- Earn free Horizen by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Horizen airdrops by joining On-going challenges and promotions
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FAQ
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Senegal, officially the Republic of Senegal, is located between the Tropic of Cancer and the Equator. It is bordered by Mauritania in the north, Mali to the east, Guinea to the southeast, and Guinea-Bissau to the southwest. The population of Senegal is 17,748,015, and the official currency of Senegal is the West African CFA franc. You can buy cryptos from Senegal in a few minutes using Bitget’s P2P trading and other crypto deposit methods. The official language of Senegal is French, and the Bitget website and app are available in French.
The beautiful attractions you do not want to miss when visiting Senegal are La Maison des Esclaves, the Island of Gorée, Ngor Island, and the Lompoul Desert. The country has some attractive cities where you can live and trade cryptos using the Bitget platform, such as Dakar, Touba, Thies, Kaolack, Mbour, and Saint-Louis.
Senegal has a tropical climate with a long dry season that lasts roughly from mid-October to mid-June in the north and from early November to mid-May in the south. The rainy season lasts from late June to early October in the north and from late May to late October in the south due to the African monsoon, which travels north during the summer. With savanna-like vegetation, Senegal is primarily made up of flat or rolling plains. However, the Fouta-Djallon Mountains' foothills are formed in the southeast by plateaus that are 1640 feet high. In the southwest, it's usual to see marshy marshes surrounded by tropical rainforests.