ZKsync price and where to buy ZK

What is ZKsync?

ZKsync is an Ethereum layer-two network that proves batches of transactions with zero-knowledge proofs and settles them on Ethereum. ZK is its governance token; fees on ZKsync are paid in ETH.

How to buy ZKsync, step by step

1. Pick an exchange. ZK is listed on four of the five exchanges we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy ZK. Use the ZK/USDT or ZK/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. ZK lives on ZKsync; to move it there you also need a little ETH for fees.

Where to buy ZKsync at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on ZK the venues disagree by about 0.15 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the ZKsync price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.15 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 11 minutes out of every thousand, and reached about 1.6 percent at its widest.

About half of the ZK spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the ZKsync price

The wider crypto market, and in ZK’s case its own news too. In our hourly composite, ZK moved with Bitcoin at a correlation of about 0.46, where 1 would mean identical moves, and its moves were about three times the size of Bitcoin’s.

ZK-specific drivers come on top: activity on ZKsync, token unlocks and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of ZKsync

Pros

• Governance over a major zero-knowledge Ethereum layer two.

Cons

• ZK is not used to pay fees on ZKsync, so network use does not create direct demand for it.
• Large scheduled unlocks add supply.
• It trades far below its all-time high of about $0.321.

ZKsync’s highest price

ZKsync’s all-time high is about $0.321 on volume-weighted data. The chart above shows the last 30 days of our composite, and the ZK to USD converter applies the live price to any amount.