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Saturday, December 3, 2022

ZKEX Airdrop Review: The ZKEX Testnet Platform

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About ZKEX Airdrop

ZKEX Airdrop is a decentralized L2 multi-chain order book exchange (DEX), build on three ZK-rollups: zkLink, Starkware, and zkSync. Users will be able to trade assets from multiple chains with a similar experience as on Binance or Coinbase, but instead, ZKEX will be decentralized, trust minimized, and non-custodial, with transactions secured with zero-knowledge proofs.

ZKEX has confirmed to launch an own token called “ZKEX” and has also hinted at doing an airdrop to testnet participants. Users who participate in their testnet may get an airdrop once they launch their token.

PlatformAirdrop EndMax. ParticipantsWebsite
ETHN/AUnlimitedClick Here To Visit
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Step No 1

Register for the ZKEX Airdrop by creating an account.

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Step No 2

Verify your email & log in to your account.

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Step No 3

Take part in the referral program and invite 3 friends.

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Step No 4

Join ZKEX Airdrop on Telegram group & Telegram channel. 

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Step No 5

Follow ZKEX on Twitter & like/share the pinned tweet and tag 3 friends.  

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Step No 6

Like/follow ZKEX Airdrop on Facebook & like/share the pinned post.  

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Step No 7

Submit your details to the ZKEX Airdrop form. 

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Decentralized multi-chain trading is broken. Until now. 

Faced with complicated, fragmented, and high-risk experiences, DeFi traders had no option but to use CEXs and give up asset custody, or risky bridges prone to exploits.

ZKEX is a multi-chain DEX secured by zero-knowledge proofs.

Multi-chain, layer2, trustless, censorship-resistant, ultra-secure, fast finality, and with low fees.

ZKEX offers a radically simple and secure approach to multi-chain trading, powered by zero-knowledge proofs.

Multiple blockchains and stablecoins in one place

Zkex Airdrop Use different stable coins to buy multiple coins with an experience similar to Binance, Coin base, or FTX.

Verified with mathematics, not humans

Transactions are verified using zero-knowledge proofs, then checked a second time by a decentralized network of juries.

Control your crypto at all time

Traders maintain self-custody and trade crypto from their wallet at all times. ZKEX is decentralized and never takes title over your  assets.

How can trade crypto on ZKEX?

You can deposit funds to your ZKEX account with your Metamask wallet and start trading coins and tokens from multiple chains such as Ethereum, Solana, Avalanche, Polygon, and BNB Smart Chain.

Assets

Funds remain in your custody at all times. When you ‘deposit’ funds for trading on ZKEX, you pay gas fees to ‘move’ funds to the Layer2 trading layer. However the funds are still in your custody – they are simply locked in your wallet until a trade is completed or you decide to withdraw it back from Layer2.

How does ZKEX compare to other DEXs?

On Zkex Airdrop, you can trade with confidence without the risk of impermanent loss, unpredictable prices, slippage fees, or sandwich attacks from arbitrage bots. With the order book method, you can buy at the market price, set limit order triggers, and stop-loss orders to automate your trading. Also, you can buy and sell from all connected chains without any worries about security or fears about loss of custody.

What is the underlying technology of ZKEX?

Zkex Airdrop is built on top of zkLink, Starkware, and zkSync – three leading L2 zero-knowledge rollups. A Layer2 (L2) network is a network built on top of one or more L1 blockchains. They rely on the underlying L1 network for security and data availability, but process transactions at a higher scale on separate infrastructure.

A zero-knowledge rollup (ZK-rollup) is a way of using mathematics to verify the outcome of a transaction, and compress transaction data down to a minimum. The advantages of this method are that it enables higher scalability (and lower gas fees), fast finality, and a high level guarantee that the transaction has not been faked or tampered with.

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