Explained: what exactly is a DeFi wallet, and how does it work?

What is a defi wallet

If you’ve been following the world of cryptocurrency and decentralized finance (DeFi), you may have encountered the term “DeFi wallet”. But what exactly is a DeFi wallet? In simple terms, it is a crypto wallet that allows its users to store, transact, and manage their decentralized assets easily. But there is more to it than … Read more

Getting started with DeFi: A step-by-step guide on how to invest in DeFi

How to invest in defi

Are you interested in earning money through decentralized finance (DeFi) but need help knowing where to start? Look no further! DeFi has been gaining popularity in cryptocurrency, offering investors a new and exciting way to earn passive income. But with so many platforms and protocols to choose from, it can be overwhelming to know how … Read more

The Ultimate Guide to Telos Crypto Airdrop and its Definition

Are you interested in exploring the world of cryptocurrencies and taking advantage of the various airdrop opportunities available? If so, then you’ve probably heard of Telos crypto airdrop. But what exactly is Telos, and what does it mean? In this ultimate guide, we will delve into the telos definition and how it relates to the … Read more

Top crypto bridges for cross-chain swaps

Top crypto bridges

From Ethereum to Binance: Top Crypto Bridges for Seamless Cross-Chain Swaps Cross-chain swaps have become increasingly popular in cryptocurrency, allowing users to transfer their digital assets between different blockchains seamlessly. Decentralized finance (DeFi) is becoming increasingly popular with the growing number of blockchain platforms, and the need for reliable and efficient crypto bridges has also … Read more

What Sam Bankman Fried’s Ex-Girlfriend Said in Court About the FTX

Sam bankman-fried girlfriend

The trial of Sam Bankman-Fried, founder of the cryptocurrency exchange FTX and hedge fund Alameda Research, has taken a dramatic turn as his former girlfriend and business partner, Caroline Ellison, testified against him in a New York court. Ellison, the CEO of Alameda, who dated Bankman-Fried on and off for several years, pleaded guilty to … Read more

How to Do Your Coinbase Pro Taxes

Coinbase pro taxes

  Most Crypto traders in countries like the United States must now report their crypto taxes to the IRS and Coinbase pro taxes tool has made easy for all Coinbase users.  If Coinbase Pro user looking to report your crypto taxes to the IRS? Sometimes, most traders need help to report their transactions on the … Read more

What Is Bitcoin Halving and How Does It Affect the Bitcoin Ecosystem? 

What is Bitcoin Halving

You can only talk about the Bitcoin ecosystem without answering this question What is Bitcoin halving and how does it affect the Bitcoin ecosystem?  To explain what Bitcoin halving is, let’s understand how the Bitcoin network works.   Bitcoin is a decentralized (not controlled by any entity) digital currency that operates on a peer-to-peer network of … Read more

Basic Crypto Terms and Their Meanings

cryptocurrency terms for beginners

Before we look at the basic cryptocurrency terms for beginners let’s talk about cryptocurrency. Cryptocurrencies are digital currency that employs cryptography to secure and verify all transactions. In addition, they are decentralized, meaning they are not controlled or issued by any central authority, such as a government or a bank. Instead, they are created and … Read more

Bullish vs. Bearish: A Beginner’s Guide to Understanding Market Terms

bullish vs bearish

Bullish vs Bearish: A Complete Overview If you are interested in investing, trading, or just curious about the world of finance. Then, you might have heard some terms that could be clearer and more manageable. One is bullish and bearish, often used to describe the market’s direction or an asset’s price. But what do they … Read more

Best Crypto Tax Software

best crypto tax software

If you’ve carried out any crypto transactions, you have to report your income on your tax return. Documenting this whole process can be exhausting for some people, and the best option is to sign up for crypto tax software to handle the task. At Wegotrend, we have researched and tested top crypto tax software with … Read more

DeFi Staking: A Comprehensive Guide to Earning Passive Income in Decentralized Finance (Open list) (0 submissions)

What is Defi staking

Are you looking for a means of passive income? Then, DeFi Staking is your best bet. The most interesting thing about DeFi staking is that you do not need too much stress to make money. You only have to choose a platform, select a validator, fund your wallet, and earn passive income. This article will … Read more

How to participate in Zksync airdrop

How to participate in Zksync airdrop

How to Take Part in zkSync Airdrop

You missed out on $ARB, and it left you devastated.

Every time you swiped through your Twitter page, you saw proof of $ARB participation.

The worst part is that nearly everyone in the Alpha community you are in received the airdrop and shared testimonies of the real-life investment they made with it.

But, It’s okay. You missed $ARB, and it is time to move on.

To ensure you don’t experience the same disappointment again, we prepared this article to help you participate in zkSync potential Airdrop.

This article will guide you on participating in zkSync Airdrop and provide information on what zkSync is about.

 

Read on so you don’t miss out on this opportunity.

How to qualify for zkSync Airdrop

How to participate in Zksync airdrop

Go to the zkSync Era Bridge page

This page is a website that transfers ETH from the Ethereum mainnet to zkSync Era Mainnet.

Connect your wallet

You’ll need to connect your Ethereum wallet from Metamask to the zkSync Era Bridge page so you can interact with it.

Bridge ETH from the Ethereum Mainnet to zkSync Era Mainnet

With this procedure, you can transfer ETH from the Ethereum mainnet to zkSync Era Mainnet and vice versa.

Fund your L2 zkSync Mainnet wallet using Ramp

Ramp allows you to directly fund your zkSync Mainnet wallet with fiat currency (USD etc.) without the stress of going through exchanges. Ramp is the easiest route to adding funds to your zkSync wallet.

Go to the zkSync testnet page

You can practice using zkSync features without spending real ETH.

Connect your Metamask wallet and Switch to the Goerli test network

When you connect your Metamask wallet, it will automatically switch to Goerli, a popular Ethereum test network.

Get Goerli test ETH for free here

On the test net page, there is a source where you can get ETH for free (no charge). This free ETH allows you to test the network without using real ETH.

You can now try to deposit, withdraw and transfer on Testnet

You can deposit test ETH, share it with another address, and return it to your wallet.

Use the “Faucet” to get testnet tokens

The faucet allows you to experiment with zkSync-based applications.

You can also complete tasks on zkSync’s Crew3

Easy tasks; follow the procedure and be appropriately positioned for a potential Airdrop.

Explore zkSync-based dapps for possible airdrops

Check out ZigZag, zkSync ID, and many other zkSync-based Dapps for potential airdrops.

 

These are the procedures to qualify for zkSync potential airdrop.

 

It is essential to understand that this information is not proof of any airdrop possibility but speculation of a potential airdrop.

 

If you’ve read to the point and are unfamiliar with what zkSync is, Read on.

What is zkSync

zkSync has been creating waves in the crypto space, especially with news of a potential airdrop and token. With all the attention zkSync is getting, it would be wise to have an idea of what it entails

 

So, what is zkSync?

 

zkSync is a solution that makes Ethereum transactions faster and cheaper. zkSync has no official token yet, but there is speculation of a potential airdrop.

 

By participating in the guide in this article, you might receive $ZKS tokens and other tokens in the zkSync ecosystem as $ARB did.

Conclusion

There are a lot of happy stories on Airdrops, and zkSync airdrops have the potential to give you extra income. If you are an airdrop hunter, this article is your go-to guide on zkSync Airdrop

 

Drop your questions in the comment section. Let’s get this right. If you find any difficulty participating with zkSync airdrop, you can drop a comment. We have your best interest at heart.

Everything you need to know about DeFi Wallet

Defi wallet

In the early months of 2019, DeFi and Defi wallet became popular. People were dumping their regular bank accounts used for business transactions for DeFi wallets because of the many limitations attached to the traditional banking system. Before DeFi, financial transactions involved third parties, and we all relied solely on banks and their serious charges. … Read more

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