How to buy Zilliqa
Zilliqa (ZIL), is a permissionless, public blockchain constructed to provide a high throughput. It has the ability to perform thousands of transactions in a matter of seconds. Amrit Kumar and Xinshu Don launched ZIL in June 2017. It is developed to solve Ethereum’s scalability and transaction issues using its unique sharding process, which increases its ability to process more transactions.
ZIL allows users to interact with decentralized applications (dApps) and pay for products, services, and NFTs. Zilliqa has also introduced Scilla, a programming language designed for developers to write and launch customized dApps to replicate real-world benefits.
So are you searching for answers on how to buy Zilliqa? This article will resolve all your queries on the subject.
Step 1 - Choose a Crypto Exchange Platform
The simplest way to buy Zilliqa is through a cryptocurrency exchange. Start by selecting a reputable exchange that supports ZIL, such as UpBit, Bitfinex, Binance, or Kriptomat.
Look for the required features, such as low fees, user-friendliness, or 24/7 customer support. ZIL can be traded on over 40 different cryptocurrency exchanges. Every exchange platform has its own set of procedures; choose the more user-friendly and secure one
Step 2 - Register on any platform.
Create a free account on a reliable crypto exchange platform to buy Zilliqa. On the exchange’s website, click ‘Sign Up/Register,’ enter your personal information, including name, phone number, and email address, and complete any other required fields.
Upload a valid ID card, passport, or driver’s license to verify your identity. Once your account is verified, you can deposit funds and start trading Zilliqa.
Step 3 - Buy The Cryptocurrency Using Your Feasible Payment Metho
You can buy Zilliqa with fiat currency such as USD and stablecoins USDT, BUSD, and USDC, as well as crypto coins BTC, ETH, and BNB. After depositing funds, access the exchange’s trading platform and search for the ZIL trading pair.
Select the desired amount of Zilliqa to purchase and opt for a payment method that suits your budget, including debit or credit card, Apple Pay, or bank wire transfer. Once you’ve reviewed your order, click the ‘Buy’ button and await processing of the transaction by the exchange.
Step 4 -Store the Cryptocurrency in a Wallet
After purchasing ZIL, you can store it in a wallet for safekeeping. ZIL can be stored in various wallets, including hardware wallets, web browser plugins, and mobile apps like Ledger, or Exodus.
Select and download a wallet that meets your security and user needs. Now, register and set up the wallet using your personal information. Once your crypto wallet is set up, you can connect your crypto exchange with the wallet to store your ZIL tokens.
Also read: Zilliqa Price Prediction
Popular Video Guides on Buying Zilliqa(ZIL)
Where to buy Zilliqa(ZIL)
Also read: Zilliqa(ZIL) Prices Live
1.UpBit
Upbit is a leading crypto exchange that launched in 2017. The highest-valued startup in South Korea operates it. Dunamu Inc. UpBit provides access to more than 200 assets, featuring high liquidity, strong security, low trading fees, and a user-friendly interface. Users can buy, trade, and deposit cryptocurrencies and fiat currencies.
Factsheet
| Header 1 | Header 1 | |
|---|---|---|
| Operational Since | October 2017 | |
| Deposit Methods | Wire Transfer | |
| Deposit Fees | None | |
| Cryptos Listed | 178+ | |
| Trading Fees | 0.25% for both makers and takers | |
| Fiat Currencies Supported | KRW (South Korean Won) | |
| Trustworthiness | Safe and reliable |
2. Kriptomat
Kriptomat is a digital asset platform launched in February 2018 to make investments in cryptocurrencies easy, secure, and user-friendly. It has already gained half a million users and continues to rapidly gain popularity throughout Europe. Kriptomat also provides a 360-investment solution for people seeking to diversify their portfolios. You can use this exchange to buy Zillaqa.
Factsheet
| Header 1 | Header 1 | |
|---|---|---|
| Operational Since | February 2018 | |
| Deposit Methods | SEPA Bank Transfers, Skrill, Neteller, Credit Card Payments | |
| Deposit Fees | Charge 1€ fee for SEPA deposits | |
| Cryptos Listed | 290+ cryptocurrencies listed, including Bitcoin, Ethereum, Shiba Inu | |
| Trading Fees | Buy/Sell (0.45%), and Skrill/Neteller buy (4.35%) | |
| Fiat Currencies Supported | NOK, LRON, DKK | |
| Trustworthiness | Safe and reliable |
3. Bitfinex
Bitfinex is a popular cryptocurrency exchange that was launched in 2012 by Raphael Nicolle. It provides a variety of trading options, including spot trading, margin accounts, derivatives, and paper trading. Bitfinex aims to build state-of-the-art advanced technology that enables users to transact and interact with digital assets freely and privately.
Factsheet
| Header 1 | Header 1 | |
|---|---|---|
| Operational Since | December 2012 | |
| Deposit Methods | Credit/Debit Card, Cryptocurrency, Bank Transfer, or Tether Tokens | |
| Deposit Fees | No fees for Cryptocurrency deposits, Fiat deposits (0.100%) | |
| Cryptos Listed | 170+ | |
| Trading Fees | For, $0.00 or more – Maker Fees (0.100%) & Taker Fees (0.200%) $500,000 or more – Maker Fees (0.080%) & Taker Fees (0.200%) $1,000,000 or more – Maker Fees (0.060%) & Taker Fees (0.200%) | |
| Fiat Currencies Supported | USD, EUR, GBP, JPY, CNH | |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy Zilliqa with a credit or debit card?
You can buy Zilliqa with a credit or debit card on various exchanges such as UpBit, Bitfinex, Kriptomat, Kucoin, cex.io, and Binance. These exchanges accept Visa and Mastercard payments.
Create an account and select the credit/debit card payment option to buy Zilliqa easily. Other payment options include cryptocurrency and bank transfers.
What will you need to buy Zilliqa?
To buy Zilliqa, you will need to create an account on a cryptocurrency exchange such as Bitfinex, Kriptomat, or UpBit and pass the Know Your Customer (KYC) verification process.
This typically involves providing a photo ID and proof of address, such as a recent bank statement or utility bill. Enabling 2-factor authentication (2FA) on your account is also recommended to enhance security.
What is the easiest way to buy Zilliqa?
The easiest way is to buy Zilliqa directly through UpBit, Binance, Bitfinex, KuCoin, or WazirX. The simplest way to purchase Zilliqa is by placing an ‘instant buy’ order for a fixed price. This feature is limited to selective crypto exchanges. Alternatively, a buyer can open a trade to set his own price on the spot market.
Best Wallets to store your Zilliqa?
You can store your ZIL on the exchange you bought it from or transfer it to a personal wallet. One of the safest options to store ZIL is in hardware wallets.
Some recommended wallets include the Ledger Nano X Wallet, SafePal S1 Wallet, Ledger, and Exodus. Choose a wallet that fits your security and user needs, and prioritize security and functionality for the safekeeping of your ZIL tokens.
Related articles to Zilliqa(ZIL)
Zilliqa Token (ZIL) Price Prediction
Zilliqa is a cryptocurrency that uses sharding ( to alleviate the scalability concerns that many
