Everything you need to know about $ZIG

Current price: $ fetching data...

Contract Address: 26f12PmBk77wQV1TzLe8XKkNBvMFggbuypxdtMLzNLzz

Ticker: $ZIG

Blockchain Network: Solana

Apr 11, 2024

What is $ZIG?

Zignaly Coin ($ZIG) is at the heart of the Zignaly platform, which is designed to simplify cryptocurrency investments by allowing users to follow and copy the strategies of experienced traders. The ZIG token is used to facilitate transactions within the platform, including paying for services, accessing premium features, and participating in profit-sharing models. This setup ensures that users can leverage the expertise of professional traders while maintaining full control over their assets.

One of the primary uses of ZIG is to incentivize both investors and traders. Investors can use ZIG tokens to pay for subscription fees or performance-based fees to the traders they follow. Conversely, traders are rewarded with ZIG tokens for their successful strategies and consistent performance. This creates a mutually beneficial ecosystem where the interests of both parties are aligned. Additionally, ZIG holders can participate in governance decisions, influencing the development and direction of the platform, which promotes a decentralized and community-driven approach.

The Zignaly platform also integrates ZIG into its profit-sharing service, where users can invest in a pool managed by top traders without paying upfront fees. Instead, profits are shared between the investors and the traders, with the latter receiving ZIG tokens as part of their compensation. This model not only lowers the barrier to entry for new investors but also ensures that traders are motivated to perform well, as their earnings are directly tied to their success. As Zignaly continues to grow and add new features, the utility and demand for ZIG are expected to increase, further enhancing its value within the ecosystem.

This chart visualizes the current price of $ZIG to the US dollar.

Here's a step by step guide on how you can buy $ZIG.

Option 1: Download Tori Wallet.

Tori is the simplest self custodial mobile wallet that allows you to access crypto opportunities. Instead of buying crypto on a centralized crypto exchange (like Kraken, Coinbase, or Crypto.com), setting up a self custody wallet (like Phantom, Metamask, or Coinbase Wallet), and the 5+ other steps with accessing the world of crypto, Tori simplifies the entire experience into one simple app.

Step 1: Setup Your Account

With Tori, you'll have to do the following:

  1. Create your account with passkeys.

  2. Upload your ID to authenticate your account.

  3. Connect your bank account.

Tori Wallet is currently available on IOS and Google Play Store, but only limited to U.S residents at the moment.

Step 2: Deposit money into your trading wallet.

Once you've connected your bank account, you're able to deposit up to $50,000 USD with no fees.

It takes approximately 1-3 days for your money to settle. From there you can start accessing the world of crypto!

Step 3: Select $ZIG to trade.

Once you have money in your trade balance, you can click trade.

Select $ZIG.

*Token prices in the screenshots below are outdated*

Step 4: Buy $ZIG.

Once you select $ZIG, you can now swipe to confirm your purchase.

*Token prices in the screenshots below are outdated*

Step 5 (Optional): Sell $ZIG whenever you want.

Whenever you're ready to sell, you can sell $ZIG and get USDC, which you can withdraw right into your bank account.

*Token prices in the screenshots below are outdated*

Option 2: Use a centralized exchange, self-custody wallet, and DEX's.

To buy $ZIG as a crypto beginner, you can follow these steps:

1. Get a Crypto Wallet: You'll need a digital wallet to store your $ZIG tokens. Popular options include Phantom, Solflare Wallet, or Coinbase Wallet. Download and set up your chosen wallet.

2. Purchase Solana (SOL): $ZIG is a token on the Solana blockchain. You'll need to buy some SOL to cover transaction fees and to swap for $ZIG. Use a reputable exchange like Coinbase, Binance, or Kraken to purchase SOL with your local currency.

3. Transfer SOL to Your Wallet: Withdraw your SOL from the exchange to your wallet. Make sure to double-check the wallet address before confirming the transfer.

4. Choose a Decentralized Exchange (DEX): You can use a DEX like Raydium, Orca, or Serum to swap your SOL for $ZIG. These platforms are like marketplaces where you can trade cryptocurrencies directly with other users.

5. Connect Your Wallet to the DEX: Follow the DEX's instructions to connect your wallet. This usually involves clicking a "Connect Wallet" button and selecting your wallet type.

6. Swap SOL for $ZIG: Once your wallet is connected, you can swap your SOL for $ZIG. Enter the amount of SOL you want to trade, and the DEX will calculate how much $ZIG you'll receive. Review the details and confirm the transaction.

7. Wait for the Transaction to Complete: The swap might take a few seconds to a few minutes to complete. Once it's done, you should see the $ZIG tokens in your wallet.

Remember to be cautious when dealing with cryptocurrencies. Always double-check addresses, transaction details, and use secure, reputable platforms.


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