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Convert
Australian Dollar (AUD) to Zilliqa (ZIL) Instantly

Purchase Zilliqa (ZIL) with Australian Dollar (AUD) easily at Switchere and benefit from fast, secure transactions.

About
Zilliqa (ZIL)

Zilliqa (ZIL) is a high-throughput public blockchain platform designed to address the critical issue of scalability that has challenged many earlier decentralized networks. Its core innovation lies in the practical implementation of network sharding, a technique that divides the network into smaller, more manageable groups of nodes (shards), allowing for parallel transaction processing. This architectural design significantly boosts its transactions per second (TPS) capability, positioning Zilliqa as a robust digital ledger for demanding decentralized applications (dApps). The platform utilizes a practical Byzantine Fault Tolerance (pBFT) consensus mechanism within each shard, ensuring cryptographic security and efficient agreement on transaction validity.

A key distinguishing feature of Zilliqa is its custom-built smart contract language, Scilla (Secure Smart Contract Intermediate-Level Language). Scilla is designed with security at its forefront, aiming to prevent common smart contract vulnerabilities by separating state from function and performing formal verification. The native utility token, ZIL, is integral to the ecosystem. It serves as a medium for paying transaction fees, executing smart contracts (gas fees), and participating in staking to secure the network and earn rewards. Zilliqa's tokenomics also previously involved a governance token, gZIL, though ZIL itself remains central to on-chain operations.

Zilliqa aims to be a foundational Web3 infrastructure, particularly attractive for dApps requiring high transaction throughput and a secure smart contract environment, such as in gaming, digital advertising, and financial services. Its pioneering work in sharding provides a scalable solution for developers building complex DeFi applications and other on-chain systems, contributing to the broader evolution of blockchain technology and the digital asset landscape.

Zilliqa (ZIL)

How to Buy Zilliqa (ZIL)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose AUD to ZIL Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Zilliqa Wallet Address

    Provide your ZIL wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Zilliqa

    Complete the payment, and your ZIL will be sent to your wallet.

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Frequently asked questions

  • What is the AUD/ZIL trading pair and why is it significant?

    The AUD/ZIL pair represents a direct fiat on-ramp for purchasing Zilliqa (ZIL) with Australian Dollars (AUD). Its significance lies in providing Australian investors direct access to Zilliqa's high-throughput blockchain, which is renowned for its implementation of network sharding for enhanced scalability. This allows users to acquire this digital asset without first converting AUD to another cryptocurrency, streamlining the process of entering the Zilliqa ecosystem, known for its secure Scilla smart contracts.
  • What are the common payment methods for buying Zilliqa with AUD in Australia?

    To purchase ZIL with AUD, Australian users typically use regulated cryptocurrency exchanges that support local payment methods. The most common are PayID and BPAY, which allow for fast and low-cost bank transfers. Some platforms may also accept POLi payments or debit/credit card purchases, though these might have higher fees. All reputable exchanges require KYC/AML compliance before enabling AUD deposits for digital asset purchases.
  • How does Zilliqa's network sharding improve transaction processing?

    Zilliqa was a pioneer in implementing network sharding, a technology that divides the network into smaller, more manageable groups of nodes called 'shards'. Each shard can process transactions in parallel. This means as the Zilliqa network grows and more nodes join, its transaction throughput (TPS) increases linearly. This parallel processing capability makes the Zilliqa blockchain highly scalable, preventing the congestion and high fees seen on non-sharded blockchains, which is a key advantage for dApps built using its Scilla language.
  • How can I securely store ZIL tokens after an AUD purchase?

    For secure self-custody of your ZIL tokens, using a dedicated Zilliqa wallet is recommended. For maximum security against online threats, a hardware wallet (cold storage) like a Ledger or Trezor is the best practice. For frequent use and interacting with the Zilliqa ecosystem, a browser-extension wallet like ZilPay (hot wallet) is a popular choice. Always ensure you securely back up your private keys or seed phrase and never share them. Leaving large amounts of ZIL on a cryptocurrency exchange is not advised for long-term storage.
  • What is the function of the Scilla programming language on the Zilliqa blockchain?

    Scilla (Smart Contract Intermediate-Level Language) is Zilliqa's custom-built, safety-focused smart contract language. Its primary function is to enhance security by design. Scilla is structured to be less prone to common vulnerabilities that have affected other platforms by separating state-changing functions from purely computational ones. It supports formal verification, allowing developers to mathematically prove properties about their smart contracts, significantly reducing the risk of exploits and making it a secure foundation for building decentralized applications.
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