ZIL Coin, short for Zilliqa, is the native token of the Zilliqa blockchain. It serves as the default medium for interacting with decentralized applications (dApps) built on the platform. Zilliqa is a Layer 1 blockchain and the first public blockchain to implement a sharding architecture. As Zilliqa continues to grow, the ZIL Coin market has shown promising trends, prompting many investors to sell their holdings and secure profits. For beginners wondering how to sell ZIL Coin, this guide provides a detailed tutorial on the process.
Where Can You Sell ZIL Coin?
Most investors sell ZIL Coin on cryptocurrency exchanges. Currently, ZIL Coin is supported on 35 exchanges, including OKX, Binance, and Huobi. Below is a step-by-step guide to selling ZIL Coin on OKX Exchange:
Step-by-Step Selling Guide on OKX
Register an Account
- Visit the OKX Exchange website.
- Enter your email address and click "Register."
- Complete the slider puzzle verification.
- Enter the verification code sent to your email (valid for 10 minutes).
Verify Your Phone Number
- Input your mobile number and click "Verify Now."
- Enter the 6-digit SMS code received (valid for 10 minutes).
Complete Registration
- Select your country/region of residence.
- Agree to the terms of service, risk disclosure, and privacy policy.
Set a Secure Password
Create a password that meets the following criteria:
- 8–32 characters
- 1 lowercase letter
- 1 uppercase letter
- 1 number
- 1 symbol (e.g., !, @, #, $, %)
Log In and Complete Identity Verification
- Navigate to "User Center" for identity verification.
- Choose the appropriate verification level (video verification requires the OKX app).
Access the Trading Platform
- Click "Trade" > "Spot Trading" to enter the trading interface.
Search for ZIL Coin
- Type "ZIL" in the search bar and select the ZIL/USDT trading pair.
- View real-time ZIL price charts and market data.
Sell ZIL Coin
- Enter the amount of ZIL you wish to sell.
- Click "Sell ZIL" to convert it into USDT.
Is ZIL Coin a Good Investment?
As of the latest data, ZIL Coin shows positive performance:
- Current Price: $0.027
- All-Time High: $0.2581
- Initial Price: $0.0081
- ROI: +233.93%
- Market Cap: $429 million
- Listed Exchanges: 35
Key Features of ZIL Coin
- Scalability: Zilliqa’s sharding technology enables high transaction throughput.
- DApp Ecosystem: Supports decentralized applications across industries (e.g., finance, gaming, supply chain).
- Strategic Partnerships: Collaborations with institutions like the National University of Singapore and JD.com.
👉 Learn more about ZIL Coin’s potential
FAQs About Selling ZIL Coin
1. What is the best time to sell ZIL Coin?
- Monitor market trends and sell during price peaks. Use tools like price alerts to optimize timing.
2. Are there fees for selling ZIL Coin?
- Yes, exchanges charge trading fees (typically 0.1%–0.2%). Check OKX’s fee structure before trading.
3. Can I sell ZIL Coin for fiat currency?
- Some exchanges support ZIL-to-fiat pairs. Alternatively, sell ZIL for USDT and withdraw to a bank account.
4. How long does it take to process a ZIL Coin sale?
- Transactions are usually instant, but withdrawal times depend on the exchange and blockchain congestion.
5. What happens after I sell ZIL Coin?
- The proceeds (e.g., USDT) will reflect in your exchange wallet. You can reinvest, trade, or withdraw.
Final Thoughts
ZIL Coin’s value hinges on Zilliqa’s adoption and technological advancements. By selling on reputable platforms like OKX, investors can capitalize on market opportunities. Always assess market conditions and prioritize secure, high-volume exchanges for transactions.
👉 Start trading ZIL Coin today
Disclaimer: Cryptocurrency investments carry risks. Conduct thorough research before trading.