Buy Zilliqa: A Comprehensive Guide on How to Buy ZIL- Best Exchanges & Brokers

Zilliqa, a high-performance blockchain platform, has gained significant traction since its launch. Its scalability, security, and growing ecosystem make it an attractive choice for investors. We’ll guide you through simple, fast, and secure ways to buy and store Zilliqa (ZIL). To keep it straightforward, we believe that Coinbase is the best platform to buy Zilliqa. Why Coinbase?

The following table explains why Coinbase is the best choice for buying Zilliqa.

Buy Zilliqa on Coinbase

Zilliqa (ZIL) is a high-performance blockchain platform known for its scalability and security. It utilizes sharding technology to enable fast and low-cost transactions, making it a strong choice for developers and users alike. Institutional-grade security and compliance ensure that Zilliqa meets the standards required for enterprise adoption.

While you have the flexibility to use external wallets, Zilliqa provides a secure and efficient environment for storing your ZIL. Unlike some networks that experience congestion, Zilliqa’s sharding mechanism ensures seamless and quick transactions.

Cost-effectiveness is another advantage. Zilliqa’s transaction fees are remarkably low, significantly cheaper than many other blockchains. To put this into perspective, while Ethereum transactions can cost several dollars, Zilliqa’s fees remain at a fraction of a cent.

Zilliqa prioritizes security with features like smart contract safety measures, preventing vulnerabilities common in other blockchains. The platform also offers robust support, ensuring users and developers receive timely assistance.

The ecosystem is designed with user-friendliness in mind. Zilliqa supports a range of wallets, including ZilPay, Moonlet, and Ledger, allowing users to manage their ZIL efficiently. With mobile and desktop applications available, you can interact with Zilliqa anytime, anywhere.

How to Buy Zilliqa (ZIL) Easily and Securely

Step 1: Sign Up on Coinbase

Create your account on Coinbase, add the necessary information. 

Step 2: Verify Your Identity

Most exchanges require you to complete identity verification (KYC) to comply with regulations. Upload a government-issued ID and provide your personal details, such as your address and date of birth.

Step 3: Add a Payment Method

To buy ZIL, you need to fund your account. Most exchanges support multiple payment methods:

• Bank Transfer: Low fees and higher limits, but processing may take longer.
• Credit or Debit Card: Faster transactions, but usually with higher fees.
• Crypto Deposits: If you already own cryptocurrency, you can exchange it for ZIL.

Step 4: Buy Zilliqa (ZIL) om Coinbase

1. Navigate to the “Markets” or “Buy/Sell” section of the exchange.
2. Search for Zilliqa (ZIL) and select the appropriate trading pair (e.g., ZIL/USDT, ZIL/BTC).
3. Enter the amount of ZIL you wish to purchase.
4. Choose your preferred payment method.
5. Review the transaction details and confirm your purchase.

Step 5: Store Your ZIL Securely

Once you’ve purchased ZIL, it will be stored in your exchange wallet. However, for enhanced security, it’s recommended to transfer your ZIL to a non-custodial wallet like ZilPay, Moonlet, or a hardware wallet like Ledger.

Benefits of Buying ZIL on Secure Exchanges:

• Fast and Low-Cost Transactions: Zilliqa’s sharding technology ensures high-speed, cost-efficient transactions.
• Secure and Reliable: Zilliqa’s smart contract safety measures reduce risks of vulnerabilities.
• Wide Accessibility: ZIL is supported by multiple exchanges and wallets, making it easy to buy, store, and use.

Buy Zilliqa on Binance

Binance is one of the largest and most widely used cryptocurrency exchanges, known for its high security, extensive trading features, and user-friendly platform. You can easily purchase Zilliqa (ZIL) using a credit card or trade ZIL with other cryptocurrencies. In this guide, we’ll walk you through both options!

Step 1: Register on Binance

Unlike many other exchanges, Binance offers the option to verify your identity. Completing verification allows you to increase your daily withdrawal limits and unlock additional platform features.

Step 2: Buy Zilliqa (ZIL) with a Credit Card

To buy Zilliqa via credit card on Binance, follow these steps:

1. Navigate to the Credit Card Section: In the top menu, click on “Buy Crypto” and then select “Credit/Debit Card.”
2. Select Your Payment Currency: Choose Zilliqa (ZIL) as your cryptocurrency and select your payment currency (USD, EUR, etc.).
3. Enter Your Personal Information: Fill in your details in the provided fields.
4. Verify Email and Phone Number: You will need to verify your email and phone number with a confirmation code.
5. Proceed to Payment: Enter your credit card information and confirm the purchase.
6. Upload ID for Verification: If required, upload the front and back of your passport or ID for verification.

Important Notes Before and After Your Purchase

• ZIL Price Fluctuation: The amount displayed is based on the current market rate and may vary slightly at the time of purchase.
• Transaction Fees: Binance charges a small fee for credit card purchases, which varies by region.
• Transaction Limits: Limits depend on your account verification level and payment method.
• Track Payment Status: After completing your purchase, check your payment status in the “Transaction History” section.

Step 3: How to Trade Zilliqa (ZIL) on Binance

If you already own other cryptocurrencies like Ethereum (ETH), Binance Coin (BNB), or Tether (USDT), you can deposit them into your Binance account and trade them for Zilliqa (ZIL). Here’s how:

1. Deposit Another Cryptocurrency: If you have ETH, BNB, or USDT on another exchange or wallet, send it to your Binance wallet address.
2. Access the Deposit Section: Click on “Wallet” and then select “Deposit.”
3. Find Your Deposit Address: Select the cryptocurrency you wish to deposit (e.g., USDT) and copy the generated address.
4. Exchange for ZIL: Once your funds arrive, go to “Markets,” select the ZIL trading pair (e.g., ZIL/USDT), and place a buy order.

Additional Trading Tips

• Spot and Futures Trading: Binance allows both spot and futures trading for ZIL, offering different ways to trade based on your risk appetite.
• Leverage Trading: Advanced users can trade ZIL with leverage, amplifying potential gains and risks.
• Security: Enable two-factor authentication (2FA) and other security features to protect your Binance account.

Buy Zilliqa on Kraken

Kraken is a regulated crypto custodian with licenses across various jurisdictions globally. Kraken is one of the most trusted and secure cryptocurrency exchanges, known for its robust security measures and regulatory compliance. Institutional investors and retail users alike rely on Kraken for safe and efficient cryptocurrency trading. With strong financial oversight, Kraken ensures the security of your assets.

While you have the flexibility to use external wallets, Kraken provides a highly secure environment for storing your Zilliqa (ZIL). Kraken processes withdrawals swiftly, allowing you quick access to your funds.

When it comes to cost-effectiveness, Kraken’s trading fees are among the most competitive in the industry. The platform offers a tiered fee structure, with maker fees as low as 0.16% and taker fees starting at 0.26%, making it a cost-effective choice for traders.

Security is a top priority at Kraken, with advanced features such as two-factor authentication (2FA) and encryption to protect user accounts. Kraken also provides responsive customer support to assist users whenever needed.

Designed for both beginners and advanced traders, Kraken offers an intuitive interface along with mobile apps for Android and iOS, allowing users to manage their ZIL holdings and execute trades on the go.

How to Buy Zilliqa (ZIL) on Kraken

Step 1: Sign Up for Kraken

To buy Zilliqa (ZIL), create an account on Kraken. Visit Kraken.com and click on “Create Account.” Enter your name, email, and a secure password, then click “Create Account.”

Step 2: Verify Your Identity

Kraken requires identity verification to comply with regulations. Upload a government-issued ID and provide personal details such as your address and date of birth. This process ensures security and may take a few minutes to complete.

Step 3: Add a Payment Method

To buy ZIL, you must link a payment method. Kraken supports several options, including:

• Bank Transfer: Offers lower fees and higher transaction limits.
• Credit or Debit Card: Allows faster purchases but may have slightly higher fees.
• Wire Transfer: Ideal for larger purchases, available in multiple countries.

Step 4: Buy Zilliqa (ZIL)

Once your account is set up and your payment method is linked, you’re ready to buy ZIL!

• On the Kraken dashboard, navigate to the “Buy Crypto” section.
• Select Zilliqa (ZIL) from the list of cryptocurrencies.
• Enter the amount of ZIL you want to buy, either in your local currency (e.g., USD, EUR) or in ZIL.
• Choose your payment method (e.g., bank transfer, debit card).
• Review the transaction details and fees, then click “Buy Now” to finalize your purchase.

Step 5: Store Your ZIL Securely

After purchasing Zilliqa, it will be stored in your Kraken wallet. For enhanced security, consider transferring your ZIL to a non-custodial wallet, such as ZilPay or a hardware wallet (e.g., Ledger, Trezor).

Benefits of Buying Zilliqa (ZIL) on Kraken

• User-Friendly Interface: Kraken’s intuitive design makes trading simple for all experience levels.
• High Security: Kraken implements industry-leading security measures like 2FA and encrypted storage.
• Competitive Fees: With a tiered fee structure, Kraken offers some of the lowest trading fees.
• Multiple Payment Options: Kraken supports various deposit and withdrawal methods for user convenience.

Buy Zilliqa on Kriptomat

About Kriptomat

In contrast to the established broker eToro, Kriptomat is a relatively young crypto exchange but highly reliable. On Kriptomat, you can buy over 30 cryptocurrencies, including Zilliqa (ZIL), directly using Euro, USD, and other fiat currencies. You can also send them directly to an external wallet. However, it is important to note that Kriptomat currently operates only in Europe, meaning investors from countries like the USA cannot use the platform.

Kriptomat focuses on an intuitive and modern user interface, making cryptocurrency purchases and trading accessible for everyone. This makes Kriptomat an excellent recommendation, especially for beginners. In terms of credibility, Kriptomat is licensed by the Estonian government, ensuring compliance with European regulations.

One of Kriptomat’s key advantages is its transparent and low-cost fee structure. Unlike many other exchanges, Kriptomat does not charge a price premium. Your purchase price reflects the real-time market price of Zilliqa (ZIL), with only a small nominal transaction fee. The calculated fees are always shown clearly before you place a buy order.

Set up a Zilliqa (ZIL) account on Kriptomat

Since Kriptomat strictly follows European Union regulations, you must complete identity verification before buying ZIL. To create an account:

• Visit the official website kriptomat.io and click on the orange “Register” button.
• A pop-up window will prompt you to enter your first and last name, email address, and a secure password.
• Confirm your account by clicking the link in the verification email Kriptomat sends you.
• After logging in, verify your phone number by entering the code sent via SMS.
• Complete full identity verification by entering your address and uploading a photo or scan of your ID or passport.

Kriptomat provides a mobile-friendly option where you can take and upload ID photos using your smartphone. The final step requires taking a selfie for identity confirmation.

Buy Zilliqa (ZIL) on Kriptomat

Buying Zilliqa on Kriptomat is a simple process:

• Go to the “Buy/Sell” tab (Step 1) and select “Buy” (Step 2).
• Choose Zilliqa (ZIL) as the cryptocurrency you want to purchase.
• Select from four payment options: SEPA bank transfer, credit card, Neteller, or Skrill. SEPA transfers require adding a bank account, while the other options allow instant purchases.
• Enter the amount of ZIL you wish to buy, then click “Buy ZIL.” Transaction fees will be displayed before finalizing your purchase.
• Confirm the transaction, and Kriptomat will complete the purchase.

Once your purchase is complete, the ZIL balance will be reflected in your “My Wallet” section within a few seconds. You can store your Zilliqa securely on Kriptomat or transfer it to an external wallet for added security.

Why Buy Zilliqa (ZIL) on Kriptomat?

• User-Friendly Interface: Kriptomat’s intuitive design is ideal for beginners.
• Licensed and Secure: Compliance with EU regulations ensures a safe trading environment.
• Transparent Fees: No hidden costs, and real-time market prices.
• Multiple Payment Methods: Support for SEPA transfers, credit cards, Skrill, and Neteller.

Buy Zilliqa at Anycoin

Anycoin is a popular cryptocurrency exchange platform that provides a simple and secure way to buy and sell Zilliqa (ZIL) and other cryptocurrencies. It caters to both beginners and experienced traders, offering an intuitive interface and various features designed to streamline crypto trading.

Key Features of Anycoin:

1. User-Friendly Interface: Anycoin’s clean and straightforward design makes it easy for newcomers to start trading and for seasoned traders to utilize advanced features.
2. Wide Selection of Cryptocurrencies: Anycoin supports multiple cryptocurrencies, including Zilliqa (ZIL), Bitcoin (BTC), Ethereum (ETH), and more, enabling you to diversify your portfolio.
3. High Security Standards: Security is a top priority at Anycoin, featuring two-factor authentication (2FA) and SSL encryption to protect user accounts and transactions from external threats.
4. Low Fees: Anycoin offers competitive fees for trading and transactions, making it an attractive platform for cost-conscious traders.
5. Multiple Payment Methods: Users can purchase cryptocurrencies using various payment options, including bank transfers, credit cards, and PayPal (where available).
6. Fast Transactions: Anycoin processes transactions quickly, allowing users to acquire cryptocurrencies without unnecessary delays.
7. Support for Wallets: Anycoin provides an integrated wallet for storing your crypto assets but also supports external wallets for added security.
8. Dedicated Customer Support: The platform offers customer support to help users with any issues they may encounter.
9. Mobile Apps: Anycoin has mobile applications for Android and iOS, allowing users to trade and manage their crypto on the go.

How to Buy Zilliqa (ZIL) on Anycoin:

1. Create an Account: Visit the Anycoin website and click on “Sign Up.” Enter your name, email address, and a secure password. Confirm your account through the verification email.
2. Verify Your Identity: Complete the identity verification process by submitting a government-issued ID and personal details as required by regulations.
3. Link a Payment Method: To purchase ZIL, link your preferred payment method, such as a bank transfer, credit card, or PayPal.
4. Make Your Purchase: Once your account is verified and your payment method is linked, go to the “Buy” section, select Zilliqa (ZIL), enter the amount you wish to purchase, and review the transaction details. Complete your purchase.
5. Store Your Zilliqa Securely: After purchasing ZIL, it will be stored in your Anycoin wallet. However, for better security, consider transferring your ZIL to an external wallet, such as a hardware wallet.

Benefits of Using Anycoin:

• Simple and Easy to Use: Anycoin’s intuitive interface ensures seamless crypto trading for all users.
• Secure Platform: The platform implements robust security features, including 2FA and SSL encryption.
• Variety of Cryptocurrencies: Users can buy and trade multiple digital assets, including Zilliqa (ZIL).
• Competitive Fees: Anycoin offers low transaction fees, making it a cost-effective choice.
• Quick Transactions: Transactions are processed rapidly, providing immediate access to acquired assets.

Buy Zilliqa at ByBit

Bybit is a well-known cryptocurrency exchange platform that specializes in trading digital assets such as Zilliqa (ZIL), Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies. Known for its advanced features and high liquidity, Bybit is primarily used by experienced traders, particularly those interested in margin trading and derivatives.

Key Features of Bybit:

1. Advanced Trading Tools: Bybit offers professional trading tools, including spot trading, margin trading, and derivatives trading. The platform also provides technical analysis features and advanced charting tools.
2. High Liquidity: Bybit provides deep liquidity, allowing traders to execute large orders with minimal slippage.
3. Leverage Trading: Bybit enables leverage trading, helping traders amplify their positions and maximize potential gains. However, leverage also carries significant risks.
4. User-Friendly Interface: Bybit’s interface is designed for both experienced traders and beginners, providing a seamless trading experience.
5. Security Features: Bybit implements strong security measures such as two-factor authentication (2FA), cold storage, and an insurance fund to protect users’ assets.
6. Mobile App: Bybit provides mobile apps for Android and iOS, ensuring users can trade on the go.
7. Fast Transactions: Bybit is known for its fast trade execution and high-speed transaction processing.
8. Referral Program: Bybit offers a referral program where users can earn rewards by inviting others to join the platform.
9. Customer Support: Bybit provides 24/7 customer support via live chat, email, and other channels.

How to Buy Zilliqa (ZIL) on Bybit:

1. Create an Account: Visit the Bybit website and click “Sign Up.” Enter your email address, set a secure password, and verify your account via email.
2. Verify Your Identity: Complete the KYC (Know Your Customer) process by uploading a government-issued ID and providing personal details.
3. Deposit Funds: Fund your account by depositing cryptocurrencies such as Bitcoin, Ethereum, or USDT (Tether).
4. Buy Zilliqa (ZIL):
   • Go to the “Spot” trading section.
   • Select Zilliqa (ZIL) as the cryptocurrency you wish to buy.
   • Choose a trading pair (e.g., ZIL/USDT).
   • Enter the amount you want to buy and review the transaction details.
   • Confirm your purchase.
5. Store Your ZIL Securely: Keep your ZIL in your Bybit wallet or transfer it to an external hardware wallet (e.g., Ledger or Trezor) for enhanced security.

Benefits of Using Bybit:

• Advanced Trading Options: Bybit is ideal for users looking for margin trading, leverage, and advanced trading tools.
• High Liquidity & Fast Execution: Ensures quick order execution with minimal price slippage.
• Security: Features like 2FA, cold storage, and an insurance fund protect user funds.
• Mobile Trading: The Bybit app allows trading anytime, anywhere.
• Competitive Fees: Low trading fees make it cost-effective for frequent traders.
• 24/7 Support: Customer service is available around the clock to assist users.

Best Zilliqa wallet: Moonlet

When using a desktop wallet, we have had great experiences with the Zilliqa (ZIL) Moonlet Wallet. We will show you briefly how to download and use it. First, go to the official site and download the wallet (click!). If you click on the link, you will be directed to the website where you can download the wallet. Scroll down and then click on the button “Download Moonlet“.

Now you will land on a page where you need to choose the appropriate wallet for your operating system. If you are using Windows, download the version for Windows. For example, if you are a Windows user, click on “Windows Installer” (see picture: red arrow). If you want the app for Android or iOS, select the appropriate installer:

Once the file is downloaded, click on the setup file. Choose a directory for installation and click “Install”. The installation should take less than 2 minutes. Once complete, click “Close”.

Congratulations: The wallet is installed. Now launch the Zilliqa Moonlet Wallet by double-clicking the Moonlet icon on your desktop. First, the software will ask you how you want to connect. As a beginner, we recommend selecting “Auto connect” at this point.

The Moonlet software will then detect that you have not yet created a wallet. Click “Continue” and name your wallet if desired. Next, you will have the option to set up different types of wallets. If you are new to this, we recommend selecting the “Standard wallet” option. The standard version is completely free and works very well.

For enhanced security, consider creating a “Wallet with two-factor authentication“. You’ll need a smartphone and the Google Authenticator app, available on the App Store and Google Play Store. If you want to use the wallet with two-factor authentication, there may be additional steps involved, but it significantly increases the safety of your wallet.

If you have clicked “Next”, a new seed phrase must be generated. We recommend using the “Standard” setting, as this is the most common and secure format. You will then see your seed phrase, which consists of 12 words. This is your key to the wallet if you lose your password or your computer fails. It is crucial to write down the seed somewhere safe, preferably on paper.

In the next step, you will be asked to enter the seed again to confirm it. Once done, Moonlet will prompt you to create a strong password. The longer, the better. Be sure to use numbers and special characters for additional security. This password is required every time you open the wallet, so store it safely.

Now, you can access the Moonlet Wallet interface. The “Receiving Address” can be found under the “Receive” section in the wallet. Copy this address and enter it on an exchange like Binance or KuCoin as the “Receiving Address” when purchasing Zilliqa (ZIL). Once you have entered your Moonlet Wallet receiving address, choose a payment method on the exchange and click “Buy”.

In general, the transaction should be credited to your wallet within a few minutes.

If you have any questions, feel free to write us a comment, and we will be happy to help you!