Buy LayerZero (ZRO)

Follow the steps below to easily and securely buy LayerZero.

You can securely store your LayerZero in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your LayerZero. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy LayerZero with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in LayerZero with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy LayerZero through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying LayerZero is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like LayerZero involves risks of losses. You can lose (part of) your deposit. Before you decide to buy LayerZero, it is important to understand the risks.

Volatility: The price of LayerZero can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of LayerZero is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy LayerZero through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy LayerZero or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy LayerZero: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy LayerZero instantly at the best available market price.

- Do you want to buy LayerZero at a lower price? With a Limit Order, you set the maximum price you're willing to pay for LayerZero. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in LayerZero without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy LayerZero with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of LayerZero reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA LayerZero without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

LayerZero V2 is an open-source protocol that allows applications to exchange data between different blockchains. The technology is based on smart contracts, and the phenomenon of multiple chains working together is called 'Omnichain'. Hence the slogan 'Build anything Omnichain.' By 'anything,' they mean things like stablecoins, bridges, RWAs, decentralized exchanges, and more.

One important feature of LayerZero is that it is censorship-resistant. All messages are delivered without anyone being able to block or modify them. Additionally, the core of the protocol never changes. LayerZero is permissionless, meaning anyone can work on it, and anyone can deploy their own service on the network. Combined with the ability to use smart contracts, LayerZero becomes a valued cryptocurrency.

LayerZero is not exactly a blockchain, but a messaging protocol. With smart contracts on multiple blockchains, it enables those blockchains to communicate efficiently with each other.

Before LayerZero, dApps relied on bridges to send data across blockchains. LayerZero solves this with special digital contracts like the LayerZero Endpoint contract. This is used in Omnichain Applications (OApps) and Omnichain Fungible Token (OFT) standards.

Apps can have their cross-chain messages verified through decentralized verifier networks (DVNs). This means each app can configure its own security without depending on a central point. Once a message is verified, it is executed by an Executor. Anyone can create and run such an Executor. Even if a particular Executor fails, messages will continue to be executed.

LayerZero Labs was founded in 2021 by Bryan Pellegrino, Ryan Zarick, and Caleb Banister. The company attracted large investors such as a16z, Sequoia, PayPal Ventures, Polygon, Coinbase Ventures, and Binance Labs. They raised $135 million in 2022 and another $120 million in 2023.

Previously, blockchains operated in isolation from each other, but with LayerZero, actions on one blockchain can trigger a reaction on another blockchain. For example: you do something on Ethereum and that automatically triggers something on Binance Smart Chain, without a third party needing to handle it. This is the essence of LayerZero's omnichain messaging.

To send a cross-chain message, a transaction must be written on both the source and the target blockchain. An OApp communicates with the LayerZero Endpoint contract to send messages between chains. This allows developers to focus on the app itself without worrying about the protocol layer.

The Endpoint contract determines how a message is packaged and sent. Then, security is checked, and an Executor executes the message. All contracts in the protocol remain immutable, so updates will not introduce new issues.

Many cross-chain networks suffer from poor connectivity and complicated communication. LayerZero addresses this with an Omnichain Mesh Network: a network where all blockchains can easily communicate with each other through a standardized interface.

One of the greatest advantages of LayerZero is the uniform standard that ensures messages are sent in the same way everywhere, without censorship. Additionally, it offers modular security, allowing developers to decide how their app will be secured and which verification options are the best fit. This goes hand in hand with flexible security settings, as each path within the network can configure its own security level. Finally, chain-agnostic applications make it possible for OApps to function seamlessly across different blockchains, without limitations or adjustments.

LayerZero makes it easier than ever for blockchains to communicate with each other, without dealing with bridges or central parties. It’s a big step toward a truly connected crypto ecosystem.