Zilliqa is the first public blockchain that implemented a sharding technology to offer great scalability and security. With this technology, blockchain becomes faster because each node is responsible for a limited section of the network, not for all the network. ZIL is a native token in the Zilliqa network that is used for transaction fees and smart contract execution. Recently, ZIL staking also has become available.
If you are interested in ZIL to USD trading, at first, you need to buy ZIL. And you can easily do that on CEX.IO using several services and payment options.
With the Instant Buy service, it is possible to buy ZIL instantly with a debit or credit card. Choose pre-made packs with popular amounts or enter your own amount to buy, add your card in a few steps, and then confirm the transaction. The whole process of buying ZIL with Instant Buy service takes a couple of minutes. It’s also important to note you can use the card with your local currency to buy crypto. Just make sure that conversions and overseas transactions are available for this card.
A bank card is not the only option to buy ZIL. You can add funds to your CEX.IO balance using international (SWIFT), domestic (ACH, SEPA, Faster Payments) bank transfers, and online wallets like Skrill. Just replenish your balance using the payment option that suits you most and then visit the Trade page to buy ZIL.
After opening the Trade page, you’ll see a list of markets that is available on CEX.IO. In addition to the major cryptocurrency markets such as Bitcoin to US Dollar and Ethereum to USD, you can find over 100 crypto-to-crypto and crypto-to-fiat markets such as ZIL/USD, and many others. To start trading ZIL to USD, you need to select the appropriate market from the list. After that, you’ll find a price chart, information about last price and daily volume, order book, market depth chart, and other useful information and tools that help to make well-informed trading decisions.
In order to buy and sell cryptocurrency on CEX.IO, you can place a market or limit order. A market order executes instantly and on the current market price. With a limit order, it’s possible to set the price you want to buy or sell with but the order will be executed only when the market price reaches the specified level.
CEX.IO strives to be one of the best cryptocurrency trading platforms and has become one of the exclusive places for ZIL staking. Staking on CEX.IO does not require extra steps to be activated. You just need to have some ZIL coins on your CEX.IO balance to receive monthly rewards. The reward is added to your balance in ZIL coins at the end of the staking period. The amount of reward depends on the amount of ZIL coins you stake. Usually, staked coins stay locked to participate in staking. But with CEX.IO, you can trade ZIL to USD even with the staked coins, as well as withdraw them at any time you want.