What is ZM (ZoomSwap)?
ZM Coin typically refers to the native token of ZoomSwap. ZoomSwap is a decentralized finance (DeFi) application built on the IoTeX network, dedicated to providing liquidity for Layer-1 blockchains, automated market makers (AMMs), and partner projects.The platform offers features such as cryptocurrency exchange and staking, and has introduced a lottery system and cross-chain bridges, enabling users to seamlessly transfer assets between different blockchain networks.ZoomSwap ensures the transparency and security of all transactions through public smart contracts. As a decentralized exchange (DEX), it supports trading activities such as liquidity mining, allowing users to earn rewards by providing liquidity.
How do you buy and sell ZM tokens?
Since ZM tokens (ZoomSwap) are primarily traded on decentralized exchanges (DEXs), the buying and selling process differs slightly from that of centralized exchanges and typically involves the following steps:
- Obtain a compatible crypto wallet: First, you need to download and set up a non-custodial crypto wallet that supports the IoTeX network or is compatible with the relevant DEX. For example, wallets like MetaMask can support multiple EVM-compatible chains once configured.
- Purchase a base cryptocurrency: Buy a mainstream base cryptocurrency, such as USDT (USDT) or BUSD, on a centralized exchange (e.g., Binance, Coinbase, etc.).
- Send the base cryptocurrency to your wallet: Withdraw the base cryptocurrency you purchased from the centralized exchange and send it to the non-custodial wallet address you set up in Step 1.
- Connect your wallet to a decentralized exchange: Visit the website of a decentralized exchange that supports ZM trading (such as Mimo) and connect your cryptocurrency wallet to the platform.
- Execute the swap: On the DEX interface, select the trading pair you wish to trade, such as swapping USDT for ZM. Enter the amount you want to swap, confirm the transaction details, and pay the corresponding network fee (Gas Fee).
Please note that decentralized trading typically requires users to have a basic understanding of wallet operations and the trading process, and to manage their private keys independently. Before trading, it is recommended to check the latest prices and project information on market data platforms such as Svmuu to ensure you are up to date with the latest market trends.
On which exchanges is ZM listed?
As of this writing, ZM (ZoomSwap) is primarily traded on decentralized exchanges (DEXs). According to market data, Mimo is currently one of the most active decentralized exchanges for trading ZoomSwap, with the ZM/BUSD trading pair seeing significant trading volume.
In addition, some cryptocurrency data platforms such as CoinGecko, CoinMarketCap, and Coinbase include ZoomSwap (ZM) market data; however, it is worth noting that Coinbase explicitly states that ZoomSwap is “not tradable” on its platform.Crypto.com also mentions that ZM may be tradable via its decentralized product, Onchain. Other sources mention platforms such as Bitget and WEEX, but this information may focus more on the general cryptocurrency trading services offered by these platforms, or may refer to a “ZM” token different from ZoomSwap’s (such as “Zoom Tokenized Stock (Robinhood) (ZM)”), so be sure to carefully verify the trading pairs and project information before trading ZM on these platforms.
Given the high volatility of the cryptocurrency market and the fact that project information may be updated at any time, investors are advised to obtain the most accurate listing information and trading guidelines through official channels or reliable cryptocurrency data platforms before conducting any transactions.
