Discovering Zilliqa

Zilliqa has made significant strides in the cryptocurrency landscape with its native token ZIL, recently gaining traction on Bit2Me, a major regulated exchange in both Europe and Latin America. This new avenue allows a vast user base to easily engage with ZIL, thereby increasing Zilliqa’s visibility and accessibility across diverse markets. This listing is part of a broader strategy aimed at enhancing Zilliqa’s presence in global financial ecosystems, focusing particularly on its transition to EVM compatibility and fostering developments in decentralized finance (DeFi).

Understanding Zilliqa (ZIL)

Founded in 2019, Zilliqa is an innovative blockchain platform that revolutionizes the way digital transactions occur. Developed by a talented team from a leading educational institution in Singapore, Zilliqa aims to create a secure environment for financial transactions and decentralized applications.

What sets Zilliqa apart? It employs a technique called sharding, which divides the workload into manageable segments, significantly increasing processing speed. This enables the network to perform thousands of transactions per second while keeping costs to a minimum!

Zilliqa also emphasizes security through two essential mechanisms:

1. Preventative measures that deter malicious actors from exploiting the system.

2. Consensus protocols that ensure that all nodes agree on the current state of the blockchain.

Additionally, Zilliqa introduces its distinct programming language, Scilla, designed to safeguard applications against vulnerabilities and hacks.

Potential applications of Zilliqa are diverse and exciting:

• Interactive gaming platforms
• Marketplace for digital collectibles and NFTs
• Research collaborations in scientific projects
• Secure trading of tokens and digital assets

Reasons to Invest in ZIL Tokens

ZIL serves as the currency within the Zilliqa ecosystem. Here are several compelling reasons why investors are attracted to ZIL:

• Efficiency and low fees: Thanks to sharding, Zilliqa allows for rapid transactions at a fraction of traditional costs.
• Eco-friendly and secure: Zilliqa operates with a minimal carbon footprint while ensuring user security.
• Versatile utility: ZIL can be utilized for voting mechanisms, staking rewards, trading activities, and engaging in a variety of decentralized applications.
• Continuous improvement: The platform consistently integrates new features aimed at enhancing user experience and performance.
• Limited supply: With a capped supply of 21 billion ZIL coins, the potential for value retention increases, mitigating volatility.

Latest Developments on Binance

As a leading trading platform, Binance has announced plans to eliminate high-risk trading features (specifically margin and leveraged trading) for ZIL, effective June 25, 2025.

What implications does this hold?

• Reduced risk for traders: The removal of high-risk trading options protects users from potential rapid financial losses.
• Accessible trading options: Standard ZIL trading will still be available, allowing for everyday buying and selling.
• Enhanced user experience: Binance aims to create a simpler, safer trading environment for ZIL transactions.
• Compliance with regulations: This move aligns Binance with international regulations, further safeguarding users’ interests.