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What is the zkSync (ZK) cryptocurrency?

ZK is the native token of the Layer-2 platform, zkSync. The token powers the operation of the zkSync network and has several utilities within the zkSync platform such as transaction fees, staking, and incentivizing network participation.

Reasons to buy zkSync (ZK)

• ZK ranks #136 in the overall crypto market ranking with a market cap of $492.53M.

• It holds an all-time high of $0.32, recorded on June 17, 2024.

• As per expert analysis, the ZK price is anticipated to trade around $0.55 by 2030.

Three things to know before buying zkSync (ZK)

• ZK has a total supply of 21B tokens.

• ZK token users also enjoy lower costs compared to Ethereum’s main network.

• The ZK technology used by zkSync can process up to 3,000 transactions per second (TPS).

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zkSync is a scaling solution that makes transactions on Ethereum cheaper and faster.

FAQ's

1. What is zkSync (ZK) crypto?

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zkSync is a Layer 2 scaling solution for Ethereum that uses zero-knowledge rollups to facilitate faster and cheaper transactions while maintaining security and decentralization. The zkSync coin (ZK) is the native token of this network, used for transaction fees, staking, and governance.

2. How Can I Buy zkSync (ZK) In India?

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To buy zkSync (ZK) in India directly, you can engage in P2P (Peer to Peer) trade. If there’s somebody you know who already has zkSync (ZK), you can buy directly from them.

OR

You can use decentralized exchanges to connect with a seller and buy zkSync (ZK) from them.

The easiest way to take the simplified route is to download the CoinSwitch App!

3. How to Buy zkSync (ZK) in India Directly?

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You can buy zkSync (ZK) in just 4 steps on the CoinSwitch App:

• Open the App, click on the Market tab from the bottom navigation, and select zkSync (ZK).

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy a zkSync (ZK) for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first zkSync (ZK)!

4. How Can I Buy zkSync (ZK) In India?

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CoinSwitch App helps you buy zkSync (ZK) in India with ease. You can start buying azkSync (ZK) for just ₹100. To know more about buying a zkSync (ZK).

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.