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Here Is How & Where You Can Buy Zilliqa (ZIL) Cryptocurrecy

Here Is How & Where You Can Buy Zilliqa (ZIL) Cryptocurrecy

Looking to invest in a gem of a cryptocurrency?
Well, you have landed at the right place. Over the last one and half years,  CoinSutra has been covering notable cryptocurrencies that have been doing well and have a sustainable future.
This article, however, does not emphasize what we have been doing for long. Instead, it is about the second most underrated cryptocurrency – Zilliqa .
Wondering what the first one is? Well, it is Cardano .
But Zilliqa is, nonetheless, worth taking a look at. It is one of the closest competitors to Ethereum  currently in terms of technology.
Zilliqa is a sharding ready blockchain for developing DApps , and smart contracts for various use cases and its blockchain is fueled by its native currency Zilliqa (ZIL).

Read more here:  Zilliqa Blockchain: Everything You Need To Know

Even though Zilliqa’s mainnet hasn’t launched yet, ZIL is in the top 30 coins of CoinMarketCap. Here is its current valuation and supply:


 
But many in the cryptosphere aren’t aware of how and where they can buy Zilliqa cryptocurrency. And in this article, I aim to tell you about some simple ways using which you will be able to buy Zilliqa effortlessly.
How To Buy Zilliqa (ZIL)
There are  plenty of avenues to buy Zilliqa:

Buy ZIL for cash
Buy ZIL from peer to peer sources
Buy ZIL for other cryptos
Buy ZIL for BTC/LTC/ETH like currencies
Buy ZIL from bank transfer or wire transfers
Buy ZIL from decentralized exchanges
Buy ZIL from credit/debit cards

Where To Buy Zilliqa (ZIL) Cryptocurrency

Buying ZIL is quite easy. Many services buy/sell Zilliqa, and there are more than 40 markets for Zilliqa cryptocurrency.
#1. Buy ZIL for other cryptocurrencies or BTC/ETH 
Buying ZIL for other cryptocurrencies such as BTC/ETH/USDT is easy because many centralized exchanges and brokers sell Zilliqa.
At such exchanges, one can exchange one cryptocurrency for another by paying a nominal exchange fee. Plus, most of these exchanges don’t ask for strict KYC for transacting in cryptocurrencies.
Below is a list of established  cryptocurrency exchanges  where you can exchange other cryptos for Zilliqa (ZIL).

Binance : Supported pairs are ZIL/BTC, ZIL/ETH, ZIL/BNB
Huobi : Supported pairs are ZIL/BTC, ZIL/ETH, ZIL/USDT
Gate.io : Supported pairs are ZIL/ETH, ZIL/USDT
KuCoin : Supported pairs are ZIL/BTC, ZIL/ETH

#2. Buy ZIL from bank transfer or wire transfers
Many exchange and brokers provide the facility of fiat-linked crypto wallets where you can deposit or transfer fiat currencies and buy your desired cryptocurrency from that credit.
Similarly, you can buy ZIL, but it is only available in fiat pairs such as KRW and INR. Here are the services for the same:

Bithumb :  Supports KRW
Bitbns :  Supports INR

#3. Buy ZIL from decentralized exchanges
Decentralized exchanges are another source to buy your favorite cryptocurrencies. The advantage here is that you need not do your KYC checks or any verification for using the service. Plus, you always control your funds on a decentralized exchange.
Fortunately, ZIL is available on the following decentralized exchanges (DEX):

Radar Relay: ZIL/WETH
IDEX:  ZIL/ETH
EtherDelta:  ZIL/ETH
KyberNetwork:  ZIL/ETH

Conclusion: Buy Zilliqa (ZIL) Anywhere
Buying ZIL using the methods above is easy, but buying/selling Zilliqa in following ways isn’t possible as of now.

Buy ZIL for cash
Buy ZIL from peer to peer sources
Buy ZIL from credit/debit cards

And that is because we don’t have ZIL ATMs or services like LocalBitcoins for ZIL.
Moreover, ZIL mainnet is not live yet but is expected to go live by the end of Q3 of 2018. Therefore, ZIL is now present in the form of ZIL ERC20 tokens, which means you can store your ZIL in any ERC20 compatible wallets .
I strongly recommend against keeping coins and tokens on exchanges. These are very early days of crypto where even decentralized exchanges aren’t safe, leave alone centralized.
Lastly, if you have some questions or doubts regarding these listed methods or services, feel free to ask away in the comments below

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