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ZKEX Airdrop Review: Buy and Sell Crypto, Quickly and Safely

Bixer Simond by Bixer Simond
15/09/2023
ZKEX Airdrop Review: Buy and Sell Crypto, Quickly and Safely
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About ZKEX Airdrop

ZKEX Airdrop is a decentralized L2 multi-chain order book exchange (DEX), build on three ZK-rollups: zkLink, Starkware, and zkSync. Users will be able to trade assets from multiple chains with a similar experience as on Binance or Coinbase, but instead, ZKEX will be decentralized, trust minimized, and non-custodial, with transactions secured with zero-knowledge proofs. It has confirmed to launch an own token called “ZKEX” and has also hinted at doing an airdrop to testnet participants. Users who participate in their testnet may get an airdrop once they launch their token.

BasicDetails
Token NameZKEX Airdrop
PlatformETH
Total ValueN/A
Support24/7
KYCKYC Is Not Requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

Step-by-Step Guide:

  1. Visit the ZKEX Airdrop testnet page.
  2. Connect your Polygon or Avalanche testnet wallet.
  3. Now click on “Open my account” and request for ZKEX testnet tokens.
  4. After a few seconds, you’ll be able to open your account.
  5. Now start trading on the ZKEX testnet platform.
  6. ZKEX has confirmed to launch an own token called “ZKEX” and has also hinted at doing an airdrop to testnet participants.
  7. Users who participate in their testnet may get an airdrop once they launch their token.
  8. For more information regarding the testnet, see this page.

Decentralized multi-chain trading is broken. Until now. 

Faced with complicated, fragmented, and high-risk experiences, DeFi traders had no option

but to use CEXs and give up asset custody, or risky bridges prone to exploits.

Complex experiences

Multi-chain trading is too complicated – there is no simple and accessible order book platform to securely trade on multiple chains.

Risky workarounds

ZKEX Airdrop Multi-chain traders are forced to use unstable cross-chain bridges and wrapped tokens to go from chain to chain.

Unpredictable trading

Impermanent loss, poor capital efficiency, high slippage fees, and sandwich attacks from arbitrage bots are unmanageable on AMMs

Zkex Offers

Multiple blockchains and stablecoins in one place

Use different stablecoins to buy multiple coins with an experience similar to Binance, Coinbase, or FTX.

Verified with mathematics, not humans

ZKEX Airdrop Transactions are verified using zero-knowledge proofs, then checked a second time by a decentralized network of juries.

Control your crypto at all time

Traders maintain self-custody and trade crypto from their wallet at all times. ZKEX is decentralized and never takes title over your  assets.

How can trade crypto on ZKEX?

You can deposit funds to your ZKEX account with your Metamask wallet and start trading coins and tokens from multiple chains such as Ethereum, Solana, Avalanche, Polygon, and BNB Smart Chain.

Where are my assets stored while I trade on ZKEX?

Funds remain in your custody at all times. When you ‘deposit’ funds for trading on ZKEX Airdrop , you pay gas fees to ‘move’ funds to the Layer2 trading layer. However the funds are still in your custody – they are simply locked in your wallet until a trade is completed or you decide to withdraw it back from Layer2.

How does ZKEX compare to other DEXs?

On ZKEX, you can trade with confidence without the risk of impermanent loss, unpredictable prices, slippage fees, or sandwich attacks from arbitrage bots. With the order book method, you can buy at the market price, set limit order triggers, and stop-loss orders to automate your trading. Also, you can buy and sell from all connected chains without any worries about security or fears about loss of custody.

What is the underlying technology of ZKEX?

ZKEX Airdrop is built on top of zkLink, Starkware, and zkSync – three leading L2 zero-knowledge rollups. A Layer2 (L2) network is a network built on top of one or more L1 blockchains. They rely on the underlying L1 network for security and data availability, but process transactions at a higher scale on separate infrastructure.

A zero-knowledge rollup (ZK-rollup) is a way of using mathematics to verify the outcome of a transaction, and compress transaction data down to a minimum. The advantages of this method are that it enables higher scalability (and lower gas fees), fast finality, and a high level guarantee that the transaction has not been faked or tampered with.

Support

You can request support from our community and mods on Discord – post your query with a screenshot in the #support channel. Try to search for your issue on our Docs site, which has useful tutorials and troubleshooting advice.

Tags: How To Buy ZKEX Airdrop ReviewHow To Collect ZKEX Airdrop ReviewZKEX Airdrop
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .