How to obtain ZetaChain (ZETA) coins

To purchase ZETA with credit/debit cards, utilize reliable fiat-to-crypto gateways like Transak and MoonPay, ensuring a secure and convenient method for acquiring ZETA tokens.

Dec 21, 2024 at 06:55 am

Key Points

• Acquire ZETA through supported cryptocurrency exchanges.
• Purchase ZETA with fiat currency using a crypto-to-fiat gateway.
• Earn ZETA as rewards for providing liquidity or staking.
• Mine ZETA if you have the necessary hardware and technical expertise.

In-Depth Guide

1. Acquire ZETA through Cryptocurrency Exchanges

• Binance: Binance is the largest cryptocurrency exchange by trading volume and lists ZETA in its Spot and Margin trading platforms. To purchase ZETA on Binance:

  • Create an account and complete the KYC process.
  • Deposit Bitcoin (BTC), Ethereum (ETH), Binance USD (BUSD), or Binance Coin (BNB) to your Binance wallet.
  • Navigate to the ZETA trading pair (e.g., ZETA/USDT).
  • Enter the amount of ZETA you wish to purchase and the buy price.
  • Click "Buy ZETA" to execute the trade.

• Bybit: Bybit is a derivatives exchange that also offers spot trading and lists ZETA in its spot market. To purchase ZETA on Bybit:

  • Open a Bybit account and complete the KYC process.
  • Fund your account with cryptocurrencies such as BTC, ETH, or stablecoins like USDT.
  • Search for the ZETA/USDT trading pair and click on "Trade."
  • Set your buy order parameters and click on "Place Order" to execute the trade.

2. Purchase ZETA with Fiat Currency

• Transak: Transak is a fiat-to-crypto gateway that allows you to purchase ZETA directly using your credit/debit card or Apple Pay. To buy ZETA using Transak:

  • Go to the Transak website and select ZETA as the desired cryptocurrency.
  • Enter the amount of ZETA you wish to purchase and select your payment method.
  • Follow the instructions to process the payment and provide your cryptocurrency wallet address.
  • Transak will convert and transfer the ZETA coins to your wallet.

• MoonPay: MoonPay is another fiat-to-crypto gateway that supports the purchase of ZETA with credit/debit cards and Apple Pay. To buy ZETA using MoonPay:

  • Visit the MoonPay website and select ZETA as the desired cryptocurrency.
  • Enter the amount of ZETA you want to purchase and select your preferred payment method.
  • Provide your personal information and verify your identity.
  • Make the payment and provide your cryptocurrency wallet address.
  • MoonPay will complete the transaction and send the ZETA coins to your wallet.

3. Earn ZETA as Rewards

• Liquidity Mining: Many cryptocurrency exchanges offer rewards for providing liquidity to their platforms. You can earn ZETA by providing liquidity for the ZETA trading pairs. To do this:

  • Deposit both ZETA and the paired cryptocurrency (e.g., USDT) into an exchange that supports liquidity mining.
  • Go to the liquidity mining section of the exchange and find the ZETA trading pair.
  • Add liquidity to the pool by providing the desired amount of both assets.
  • Depending on the platform, you will start earning ZETA rewards for providing liquidity.

• Staking: Some cryptocurrency holders offer passive rewards for staking their ZETA coins. To stake ZETA:

  • Transfer ZETA to a supported staking platform or wallet.
  • Choose the desired staking duration and rewards percentage.
  • Lock your ZETA and start earning rewards based on the staking parameters.

4. Mine ZETA

• ZETA uses the Proof-of-Work (PoW) consensus mechanism, which means you can mine new blocks. To mine ZETA:

  • Acquire specialized hardware such as Application-Specific Integrated Circuits (ASICs) designed for mining cryptocurrency.
  • Join a mining pool or create a solo mining setup.
  • Download the ZETA mining software and configure it with your wallet address.
  • Begin mining and earn ZETA rewards for solving blocks.

Frequently Asked Questions (FAQs)

What is ZetaChain (ZETA)?

ZetaChain is a decentralized blockchain platform that enables cross-chain communication and interoperability among different blockchain networks. It aims to provide a scalable, secure, and efficient way to transfer assets and data across different blockchains.

What is the total supply of ZETA?

The maximum supply of ZETA is 1 billion tokens.

Where can I store my ZETA?

You can store your ZETA coins in hardware wallets like Ledger or Trezor, software wallets like MetaMask or Trust Wallet, or cryptocurrency exchanges that support ZETA storage.