strong buy

Step-by-step Guide for Safe ZIL Transfer and Staking on EVM

To ensure smooth staking on the EVM network via ZilPay, first switch to your EVM wallet within the app. Hit the 'Receive' button, change the address format to the 'zil1' style, copy this address, then switch back to your Zil1 wallet and send 10 ZIL to this address as a test. Confirm the receipt of these tokens before proceeding to transfer the remaining ZIL. Once the full amount has been successfully transferred and received, you can proceed with staking on the EVM network.
Source available for registered users Sign Up Free

AI Analysis

The suggested process involves verifying transaction accuracy before committing the full amount to staking, which is a prudent approach to prevent potential loss. Switching back and forth between wall...

AI Recommendation

It is recommended to follow the outlined procedure for asset safety, particularly for users new to cross-network transfers within ZilPay. Always perform a test transaction before moving the entire amo...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: