AXNET's decentralized exchange (DEX) has officially listed Zilliqa's native token, ZIL, enabling seamless trading, deposits, and withdrawals. Traders can now access two key trading pairs: ZIL/ETH and ZIL/TUSD, leveraging AXNET's high-speed decentralized trading engine while maintaining full custody of their assets.
Key Features of AXNET’s Decentralized Exchange
- Self-Custody Trading: Users retain control of their funds via wallet integrations (MetaMask, Trust Wallet, Ledger, or private key import*).
*Note: Private key import is not recommended for security reasons. - Hybrid Platform Flexibility: AXNET offers both centralized (CEX) and decentralized (DEX) exchange modes, allowing traders to switch between interfaces.
- Stablecoin Option: The ZIL/TUSD pair provides a stablecoin trading alternative for reduced volatility exposure.
What Is Zilliqa (ZIL)?
Zilliqa is a next-generation blockchain platform designed for high scalability through sharding technology. By dividing the network into parallel-processing shards, Zilliqa achieves faster transaction speeds without compromising security in its permissionless ecosystem.
Core Advantages of Zilliqa:
- Scalability: Processes thousands of transactions per second (TPS) via sharding.
- Energy Efficiency: Uses a pragmatic Byzantine Fault Tolerance (pBFT) consensus mechanism.
- Smart Contract Support: Enables developers to build decentralized applications (dApps) with Scilla, its native programming language.
About AXNET
Asset Exchange Network OÜ (AXNET) is a licensed Estonia-based fintech platform offering:
- Regulated Services: Virtual currency-to-fiat exchanges and wallet solutions under EU compliance.
- Global Reach: Supports USD/EUR fiat pairs alongside major cryptocurrencies (BTC, ETH, USDT).
- Innovative Trading: Pioneers hybrid CEX/DEX integration for versatile user experiences.
👉 Trade ZIL on AXNET’s Decentralized Exchange
FAQ
Q: How do I start trading ZIL on AXNET DEX?
A: Connect a supported wallet (e.g., MetaMask), deposit ZIL or ETH/TUSD, and select your preferred trading pair.
Q: Is AXNET available worldwide?
A: Yes, except in jurisdictions with regulatory restrictions. Verify local laws before trading.
Q: Why choose ZIL/TUSD over ZIL/ETH?
A: TUSD (a USD-pegged stablecoin) minimizes price volatility during trades.
Q: Does AXNET charge deposit fees for ZIL?
A: No, but network (gas) fees apply for blockchain transactions.
Q: What makes Zilliqa’s sharding unique?
A: It scales linearly—adding more shards increases throughput without reducing node efficiency.
Q: Can I use AXNET’s CEX and DEX simultaneously?
A: Yes, toggle between platforms instantly with the same account.
👉 Explore AXNET’s Hybrid Exchange Today
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