What is a zcd coin?

Moreover, ZCD holders have the opportunity to participate in staking, a process where they lock up their tokens to support the network's security and stability. In return for their contribution, stakers receive block rewards, a form of passive income that incentivizes long-term commitment to the ZChains ecosystem.

Beyond its functional uses, ZCD also exhibits characteristics akin to asset cryptos. Similar to ETH, another renowned cryptocurrency, ZCD serves as a store of value. Investors view ZCD favorably due to its potential for appreciation over time, making it a desirable asset for those seeking to diversify their portfolios or hedge against economic uncertainties.

ZChains, a pioneering blockchain platform, operates seamlessly thanks to its proprietary token, ZCD. This native currency serves as the lifeblood of the network, facilitating essential operations that keep the ecosystem thriving.

As a leading cryptocurrency exchange, BTCC offers a comprehensive suite of services tailored to meet the diverse needs of the crypto community. Among its offerings, BTCC boasts a robust spot trading platform where users can buy and sell cryptocurrencies like ZCD directly with fiat currencies or other digital assets.

The primary utilitarian function of ZCD lies in its role as a medium for paying gas fees. Gas fees are the transactional costs associated with executing smart contracts or performing any form of on-chain activity on ZChains. By utilizing ZCD, users can efficiently fund their transactions, ensuring swift execution without delays.