How to trade on Layer 2

You can now get low cost, high speed trading in your Argent zkSync account. We've integrated with ZigZag Exchange to make it possible.

Trading on Ethereum mainnet can regularly cost tens of dollars in network fees, making it too expensive for most people. Our new trading feature solves that.

Trading on L2 can cost as low as $0.20. This includes the network fee and the fee that ZigZag charges.

How to trade with Argent 

It's as easy as:

1. Open the Argent app 
2. Tap ‘Trade’
3. Select the asset you want to trade in exchange for another
4. Tap ‘Proceed’
5. Tap ‘Buy’ 

Shortly after, your transaction will be completed. Quick and easy with low fees, the way DeFi should be. 

What can you buy?

You can trade over 20 pairs with ZigZag for as low as $0.20. Here are just a few:

• ETH
• USDC
• AAVE
• MATIC
• MKR
• COMP
• LDO
• LOOKS
• FRAX

Here's a full list of tokens available.

We'll continue adding to this list to give you more options to trade on L2.

Fees

There is a small fee that ZigZag charges that can be as low as $0.20. This covers ZigZag fee and the L2 gas fee. When gas is more expensive, the total fee can go above $0.20. But this is much cheaper than trading on Layer 1 which normally costs tens of dollars per trade.

Further information

Risks

• As always in crypto and DeFi, you should do your own research before using a product. 
• ZigZag is a relatively new product and is the first and only DEX on zkSync. They are currently unaudited but you can find their GitHub here. 
• zkSync, the Layer 2 network, is in Beta.

Resources

• Overview of Argent's Layer 2 account
• ZigZag’s documentation 
• ZigZag's long-term vision and goals 

Disclaimer: This blog post is for informational purposes and is not financial advice. Investing in cryptocurrencies and DeFi involves risk and can result in you losing money.