Introduction
Zilliqa (ZIL) is a high-performance blockchain platform designed for scalable and secure decentralized applications. Whether you're new to cryptocurrency or an experienced trader, this guide will walk you through purchasing ZIL in three straightforward steps using a trusted exchange like OKX.
Step 1: Download the OKX App
- Download the OKX App from the official website or your device’s app store.
- Register an account by providing your email address and creating a secure password.
Step 2: Fund Your Account
Deposit funds using your preferred payment method:
- Bank transfer
- Credit/debit card
- C2C trading
Complete identity verification (KYC) to enable higher transaction limits and secure your account. Upload:
- Government-issued ID
- Selfie for verification
Step 3: Buy Zilliqa (ZIL)
- Navigate to the Buy/Sell section on the OKX dashboard.
- Select ZIL from the dropdown menu and enter your desired purchase amount.
- Review the order and click Buy to complete the transaction.
Key Considerations When Buying ZIL
- Security: Choose platforms with robust security measures like OKX.
- Fees: Compare trading fees across exchanges.
- Liquidity: Opt for exchanges with high trading volume for faster transactions.
FAQ
1. What payment methods can I use to buy ZIL?
You can fund your account via bank transfer, credit/debit card, or peer-to-peer (C2C) trading.
2. Is identity verification mandatory?
While some platforms allow limited trading without KYC, completing verification enhances security and access to features.
3. How long does it take to withdraw ZIL to a bank account?
Bank withdrawals typically take 1–3 business days, while card withdrawals are near-instant.
4. Are there taxes on ZIL transactions?
Tax regulations vary by jurisdiction. Capital gains tax may apply when selling or trading ZIL. Consult a tax professional for guidance.
5. Can I store ZIL in a private wallet?
Yes! Transfer ZIL to a secure Web3 wallet after purchase for added control.
Why Choose OKX?
- Supports 3,000,000+ cryptocurrencies, including ZIL.
- Low fees and high liquidity for seamless trading.
- Regulatory compliance and user protection features.
👉 Explore OKX’s trading features
Final Notes
This guide is for informational purposes only. Cryptocurrency investments carry risks; always conduct independent research and assess your financial capacity before trading.
Disclaimer: OKX services are subject to regional availability. Refer to the Terms of Service for details.