ZigZag Exchange Airdrop On ZKSync, Complete Guide On How To Use The First Order Book Exchange
ZigZag Exchange Airdrop On ZKSync, Complete Guide On How To Use The First Order Book Exchange
ZigZag Exchange Airdrop is more than possible. This is a guide on how to use the first-order book exchange on ZKSync, the first L1 rollup exchange.
These are the things I am doing to make myself eligible for the airdrop.
🔰 Video Brief ➖➖➖➖➖ How to use the ZigZag exchange on ZKSync and make yourself eligible for the airdrop. A step-by-step guide to use the first order-book-based exchange on ZKSync.
You can only trade ETH(Ethereum) at the moment and more assets will be added i the future.
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Content
0.24 -> hello everyone welcome to the channel this
is your host project and in today's video
3.76 -> we're going to look at how to use zigzag
exchange on zk sync so let's get started
21.2 -> quickly disclaimer that none of things mentioned
in this video is or should be taken as a financial
25.28 -> advice always do your own research and never never
blindly follow anything that is mentioned in these
30.96 -> kinds of videos all these videos are made for
educational purposes and also to share whatever
36.88 -> i've learned and none of this is financial advice
once we have that out of the way if this video was
41.76 -> helpful or is helpful please leave a like as
that helped as a channel a lot and subscribe
47.12 -> for more videos and if you run into any issues or
if you have any questions regarding this or any
51.36 -> other projects please leave them in the comments
below i've made a couple of videos on zk sync in
56 -> the past talking about the airdrop and how you can
probably make yourself eligible for the airdrop
61.04 -> but we don't know that yet or maybe we've already
missed the window but this new exchange called
66.08 -> zigzag door exchange is fairly new it's been out
for about a week or more and they don't have a
71.36 -> token yet and the possibility that they might
have an airdrop in the future is quite high as
76.8 -> you know the dydx had a massive a huge airdrop to
its users or its community that used the exchange
83.68 -> which was on stagnate and zigzag exchange is
actually one of the first autobook exchange on zk
90.56 -> sync so it's cheap to use and i would definitely
do some trades on it just to see how this thing
96.8 -> works and also possibly make myself eligible for
the airdrop there is one in the future um first
102.4 -> what you need to do is you need to transfer some
funds from your layer one to layer two so from
107.2 -> layer one ether maintenance to zk sync layer to
roll up basically right now i use wallet dot zk
114.88 -> single io to transfer my funds from layer one to
layer two if there are the bridges or protocols
119.76 -> that do the same thing at a cheaper price please
let me know in the comments below so that i can
123.68 -> update the tutorial in the future so what you need
to do is go to wallet wallet.eksync.io and click
129.04 -> on ethereum wallet click on metamask mind you this
will cost you some money as in some gas fees and
135.2 -> also you need to have some extra funds to do the
transactions and stuff at the moment i have eth
139.68 -> usdc usdt um not much of ucd usdt so i've already
bridged around hundred dollars to layer two ck
147.36 -> sync but if you are doing this for the first
time you'll probably see something like this
150.96 -> where it says add funds and no balances yet so you
got to do is click on add funds and you can also
155.76 -> buy crypto with ramp if that's something you're
looking into but if you already have some funds
160.48 -> on layer 1 or you made a mask sitting there you
can just select that select token it's showing
166.48 -> me nothing at the moment but select eth and then
add funds and send it through now mind you that
171.76 -> it does cost you around 20 30 a minimum for the
transaction fee so please bear that in mind before
177.84 -> you go and use these kinds of services um after
the funds are transferred you will see them here
182.96 -> probably take 10 15 minutes sometime it takes
half an hour as well so what you want to do is
187.44 -> go to zigzag well trade so it's exactly exchange
and as you can see there's an option to connect
193.52 -> wallet uh there's three different networks uh
previously there was no stock name but now start
197.76 -> net is also there i'll probably make another
guide on how to use the stark net network but
202.8 -> if you want to use the rinkeby which is actually
a test net you don't need real funds trade on the
208.24 -> rinkybee network you can say you can basically
request for faucet funds which is actually just a
213.28 -> play money test money kind of situation um i'll
leave a link uh to the twitter account or the
218.24 -> twitter post that they've posted uh step by step
on how to do that i'm not gonna go through that
222.56 -> in this video as this video probably will be
very long if i go through that process again
227.68 -> now what i'm going to do is i'm going to trade
on the main net gk sync main net connect wallet
234.64 -> assign that and as you can see the wallet has
been connected and another thing is there's not
241.2 -> many assets that you can trade on zig zag exchange
at the moment you can trade eth basically or usd
247.92 -> t slash ustc you can convert them or you can buy
and sell eth to use dc or usdt and vice versa for
256.16 -> every trade you pay a dollar amount as regardless
of how big or how small the trade is you're gonna
262.48 -> pay a dollar for the trade it was very low when
they started on the first day or the second day
267.68 -> but i think because of the amount of transactions
and the amount of people using this exchange is
272.56 -> ridiculous and also there was a rumor that they
would probably do an air drop so i think that's
276.8 -> another reason why people are using this a lot
and also taking inspiration from gyt-axis airdrop
282.8 -> people are speculating that this would probably do
a big air drop now no one knows if there probably
286.8 -> will be an airdrop the scale that they're going
to do in airdrop you cannot place a limit order
291.44 -> on zks sync at the moment all the orders at the
moment are market ordered there's no limit order
296 -> so there's an option to limit order but what
happens is if you click on it as you can see it
300.16 -> says limit order is disabled on zk sync so you'll
have to mark it order um i have a little bit of e
305.68 -> so what i'm gonna do is you can sell it to usdt or
ustc depending on what you prefer so i'm going to
311.52 -> sell my eth at 4456 at the moment as you can see
it's at 60 so that's fine i'm going to sell it
321.52 -> and sign it as you can see um fee is 0.0003
each was rejected not enough balance now as
330.72 -> you can see it says this happens occasionally
you run the transaction again you must should
334 -> be fine so this happens a lot uh this is still
they're still trying things out they're still
338.96 -> fixing things and stuff so this is bound to happen
you probably will need to place the trade again
345.36 -> and sign it don't worry you don't
you're not going to be charged
349.2 -> i think all right so it says c uh it's
still the same i'm gonna cancel that again
358.32 -> and i'm gonna try again this is working better
yesterday when i was trying it out but for some
364.16 -> reason this seems to have a lot of issues rejected
not enough balance so maybe there's not enough
371.12 -> balance on zika sync or on the zigzag exchange at
the moment to trigger to trigger this water try
379.92 -> again sign all right so let me try and sell maybe
25 and see if they have enough funds for that 25
389.52 -> you can also see your trades here so this place to
order for 25 dollars at four four five three point
396.08 -> nine t emitting so this probably might go through
because it's a small order as you can see the sell
402.16 -> order for this was filled all right so uh as you
can see the spread is a bit high so you're paying
408.4 -> four four six two we're selling to four four five
three so keep that in mind as well don't place
412.8 -> very big orders in hope of getting an air drop
which we don't know if there will be one but
417.92 -> it's nice two projects being rolled out on layer
2 and not charging you an arm and a leg for the
423.84 -> transactions right hope that was helpful if you
have any questions or if you have any queries
428.96 -> leave them in the comments below and
subscribe and you have a nice day thank you
