ZoidPay makes it easier for people to use digital currencies for everyday transactions. It is designed to be a fast and secure payment method that many merchants worldwide can use.
One of the critical features of ZoidPay is its integration with existing payment systems. Users can link their ZoidPay wallet to their credit or debit card, which allows them to spend their ZPAY tokens at any merchant that accepts these payment methods.
ZoidPay also offers a rewards program. Users can earn ZPAY tokens by purchasing at participating merchants, referring friends to the platform, and completing other tasks.
ZPAY is the native token of the ZoidPay ecosystem, an ERC-20 token issued on Ethereum. It can be used for staking, DeFi services, BNPL transactions, earning cash backs, and more.
ZoidPay aims to make cryptocurrency payments more accessible by integrating with existing payment systems and offering a user-friendly mobile app. Here’s how it works:
Sign up for ZoidPay by creating an account on the platform's website or mobile app. This includes providing basic personal information and linking a credit or debit card.
Purchase ZPAY tokens on supported cryptocurrency exchanges such as KuCoin and store them in a compatible cryptocurrency wallet. ZPAY is an ERC-20 token that can be stored in any Ethereum wallet.
Spend ZPAY tokens at any merchant that accepts credit or debit cards and any merchant that accepts cryptocurrency payments. Link the ZoidPay wallet to their credit or debit card and then use the ZoidPay mobile app to pay. The app automatically converts ZPAY tokens to fiat currency at the time of purchase.
ZoidPay offers a rewards program that allows users to earn ZPAY tokens by making purchases at participating merchants, referring friends to the platform, and completing other tasks. Users can then spend these tokens like any other ZPAY tokens.
The ZoidPay project was established in Cyprus in 2018 when its co-founders, Eduard Oneci and Vasily Burcin, partnered to find an innovative way to make crypto payments easier. ZoidPay was a way to drive mainstream adoption of web3 financial services.
In October 2021, ZoidPay launched its Google Chrome extension. The platform agnostic extension allowed users to shop at online merchants with crypto as a payment method. A year later, the platform launched Shopping Pools as the backbone to power a transition to web3-based financial services.
The project raised $75 million in investment from digital asset investment firm GEM Digital Limited in November 2022. The funds raised helped ZoidPay’s team develop the project further.
Period | Change | Change (%) |
---|---|---|
Today | $0.00034 | 8.04% |
7 Days | $-0.00075 | -14.26% |
30 Days | $-0.00084 | -15.72% |
3 Months | $-0.002 | -30.90% |
ZoidPay is an interesting token to add to your crypto portfolio, especially if you believe in the potential of mainstream adoption of web3 and DeFi. Rising interest in these sectors could increase the demand for the ZoidPay token and make it worth investing in.
The rollout of new services and features could encourage the usage of the ZoidPay app among users and support the ZPAY price in the market. The price of ZoidPay token could also strengthen when the project announces more partnerships and integrations with established businesses in the crypto and mainstream industries.
The value of ZoidPay could also enjoy support from positive sentiment in the overall crypto market. This could encourage buying activity among investors and boost the ZPAY price statistics.
While providing a precise ZPAY price prediction for any time frame is unattainable, various fundamental factors may offer valuable insights into the potential price changes in the ZoidPay token. These include:
The ZoidPay price may grow as more users sign up to make crypto payments via its platform. The resulting uptick in on-chain activity and demand for the ZPAY token could make it a more valuable asset to hold.
As the developers reveal additional integrations and broaden their reach into new markets, the value of ZPAY may increase. The growth could introduce greater liquidity, further bolstering the price of ZPAY crypto.
Market sentiment is a significant factor influencing the price action in $ZPAY. A bullish or risk-on atmosphere enhances investor confidence in digital assets and DeFi, contributing to a higher ZoidPay crypto price. Conversely, a bearish or risk-off sentiment among investors could lead to sell-offs, exerting downward pressure on the ZPAY to USD price.
ZPAY is the utility token of the ZoidPay ecosystem and has the following functions:
You can stake $ZPAY to Shopping Pools on the ZoidPay to earn rewards and grow your holdings. Allocated on a first-come, first-served basis, Shopping Pools let you earn rewards and enjoy discounts on purchases made using ZoidPay.
$ZPAY is also used as an incentive token within the ZoidPay ecosystem. Staking rewards are paid out using the ZPAY crypto. You can also receive cash-back rewards in ZPAY tokens on the app.
Trade ZoidPay against other digital assets to profit from changing market conditions. You can buy or sell ZPAY or hold it long-term if you believe in the future potential of the ZoidPay project. KuCoin supports the ZPAY/USDT trading pair on our spot market. We recommend you DYOR before trading on our platform to reduce your risk exposure.
You can stake ZPAY on ZoidPay to earn passive income and grow your crypto portfolio conveniently. Here’s how to do this:
1. Visit the section for ZoidPay Staking and connect your wallet to it. Ensure that your wallet has sufficient tokens to stake by buying ZPAY on KuCoin or other supported platforms and withdrawing your tokens to your wallet.
2. Click on the Staking tab at the top of the page to review all available Shopping Pools.
3. Review the APYs on offer, the total number of tokens staked, and other statistics before selecting a Shopping Pool.
4. Enter the number of ZPAY tokens you wish to stake in the pool and confirm the transaction using your wallet.
5. Sit back, earn rewards based on the level of shopping activity in your pool, and grow your portfolio by staking ZPAY.
Zoidster NFTs are a part of the gamification layer of ZoidPay, known as ZoidPlay. Each Zoidster NFT offers its holder a chance to level up within the ZoidPay ecosystem.
The rewards for these NFTs are structured in Epochs, with each Epoch having multiple Phases tied to ZoidPay's development sprints. The details of these rewards are revealed in an Epoch Reveal.
It is essential to note that Zoidster NFTs are exclusive and can be collected as a part of the 1001 Zoidsters Genesis NFT collection. Zoidster NFT holders can participate in the reward structure, earn exclusive benefits, and have unique privileges within the ZoidPay ecosystem.
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