What security measures does Swyftx implement?

Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security. Swyftx also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Buy ZKsync (ZK)

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ZKsync Price

About ZKsync (ZK)

zkSync is a Layer 2 (L2) solution designed to enhance Ethereum’s scalability and reduce transaction costs while preserving security and decentralisation.

ZKsync achieves this through zero-knowledge rollups (ZK-rollups), a complex technology that offloads transactions from Ethereum, processes them in a separate network and then bundles them into a single batch. Next, the ZK-rollup generates consensus through a method called validity proof – which are also known as zero-knowledge proofs (ZKPs).

zkSync inherits Ethereum’s security through those ZKPs, ensuring the validity of all transactions. The platform is also EVM-compatible, allowing developers to deploy smart contracts written in Solidity or Vyper without modifications, making it easy to migrate existing Ethereum applications.

Transactions on zkSync follow a streamlined process. Users initiate transactions, which are computed off-chain by operators. ZKPs are generated to verify transaction validity and are submitted on-chain to Ethereum for final validation, ensuring a secure and efficient process.

zkSync’s native token is ZK, which has a total supply of 21 billion and is used for transaction fees, governance and staking, allowing holders to earn rewards while participating in protocol decisions.

Resources

zksync.io

@zksync

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Where is the best place to buy ZKsync?

The best place to buy ZKsync is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade ZKsync and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of ZKsync determined?

The price of ZKsync is determined by the forces of supply and demand in the market. Similar to other assets, the price of ZKsync is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for ZKsync are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy ZKsync with credit card?

Swyftx does not allow you to directly buy ZKsync with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy ZKsync instantly.

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Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.