Zignaly (ZIG) is a utility token that powers the Zignaly ecosystem, a social investment platform that offers cutting-edge wealth management services. It allows users to invest in digital assets by leveraging the expertise of seasoned traders and provides features such as insurance NFTs, governance, platform discounts, and loyalty programs. ZIG is an ERC-20 token built on the Ethereum network, facilitating various services within the platform.
Zignaly (ZIG) is a platform-centric ERC-20 token that serves several purposes within the Zignaly ecosystem. Here are the key ways ZIG is used:
Insurance Contracts: ZIG acts as the unit of exchange for insurance contracts. Users can purchase insurance NFTs and claim policy coverage using ZIG.
Governance: ZIG owners have governance roles, including voting rights on platform updates and future plans. They also get early access to new features.
Platform Discounts: ZIG is used to pay for platform-wide fees such as profit-sharing services, additional insurance fees, and potential trade commission rebates.
Loyalty Programs: ZIG owners have access to limited-edition NFTs and other loyalty benefits.
Trading: ZIG is traded on various exchanges, including ByBit, Gate.io, MXC, Uniswap (v2), and others, with a significant trading volume observed for the ZIG/USDT pair.
These uses highlight the versatility and utility of ZIG within the Zignaly platform, which aims to make crypto asset trading more accessible and secure for users.
To store Zignaly (ZIG) tokens securely, it is recommended to use a cryptocurrency wallet. There are two types of wallets: software wallets (hot wallets) and hardware wallets (cold wallets). Hardware wallets are considered more secure as they store your crypto keys offline. Ledger is a highly secure hardware wallet option.
When using a hardware wallet, you will receive a seed phrase that acts as a key to unlock your wallet. It is crucial to store this seed phrase in a physical form, such as a metal seed phrase storage solution, to protect it from loss or destruction.
To buy Zignaly (ZIG) tokens, follow these steps:
Choose a Crypto Exchange:
- Select a reliable exchange that supports ZIG, such as Bitget, CoinEx, Bybit, gate.io, or MEXC.
- Ensure the exchange accepts customers from your country and offers the necessary trading features.
Create an Account:
- Register for a free account on the chosen exchange.
- Provide required personal information, including your name and email address.
Verify Your Account:
- Complete the exchange's identity verification process to increase withdrawal limits and unlock additional features.
Deposit Funds:
- Fund your exchange account using various payment methods, such as credit/debit cards, bank transfers, or digital wallets.
Place a Zignaly Order:
- Navigate to the exchange's trading platform and select ZIG as the cryptocurrency you want to buy.
- Set the amount you want to purchase and confirm the order.
Monitor Your Investment:
- Track your ZIG tokens in your exchange account and stay updated on market performance.
Additionally, you can also use decentralized exchanges (DEXs) like Uniswap to buy ZIG tokens.
