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How to buy and sell Zilliqa

How to buy and sell Zilliqa

Explainers Trading

03 Feb 2020

What is Zilliqa (ZIL)?

Zilliqa was created in 2017 by a group of computer scientists and academics. It is built on the idea of 'sharding' and was designed to enhance the scalability of cryptocurrency networks such as Ethereum. The upshot of sharding is the ability to reach consensus more quickly, which would increase the number of transactions in a given period. According to the white paper, transaction speed could scale to approximately 1000x that of Ethereum's network.

Read the Zilliqa whitepaper.

What is the value of ZIL now?

What gives ZIL its value?

Zilliqa is a faster, more advanced blockchain than older types. Bitcoin is a first generation blockchain; platforms like Ethereum can be seen as second generation. Newer platforms like IOTA and Zilliqa can be regarded as third generation. The main problem Zilliqa is trying to solve is scalability.

Buy and sell ZIL for fiat currency

Currently, you cannot purchase ZIL on our OTC marketplace. You can, however, buy Bitcoin, Ethereum or USDT, and then proceed to buy ZIL on the spot market.

If you already own crypto, simply deposit the amount into your AAX account and trade it against ZIL.

Trade ZIL against other cryptocurrencies

On AAX, you can trade ZIL against Bitcoin, Ethereum and USDT.

Trade anytime, on the go

With AAX’s mobile app you can stay on the top of your game at any time, on the go. You can download the app on Google Play, as well as the App Store.

Why trade with AAX?

Powered by LSEG Technology’s cutting edge matching engine, which is also at the heart of London Stock Exchange, and other traditional financial markets, AAX is a next-generation cryptocurrency exchange.

Integrity comes first
AAX is fully AML/KYC compliant and transparent.

Cutting-edge security
Multi-layered security systems, robust custody, fully audited.

Multi device support
Trade on browser, iOS, and Android app. AAX supports API.

All-in-one account
Trade across OTC, Spot, and Futures, deposit and withdraw, in one seamlessly integrated account.

What can you do once you own ZIL?

Store/Hold ZIL
Some users hold on to their ZIL with the expectation of it increasing in value. You can store your ZIL safely on your AAX account, a separate hot wallet or in cold storage.

Trade ZIL
You can trade ZIL against other cryptocurrencies on AAX.

Send ZIL
From your AAX account, you can easily transfer value around the world. You can buy ZIL online and send it to anyone and anywhere with a wallet that supports ZIL.

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