The ZIL coin is the native digital asset of the Zilliqa blockchain. It has several essential functions, including: Paying Transaction Fees ZIL is the native cryptocurrency used to pay transaction fees whenever users interact within dApps or send payments using the Zilliqa blockchain. Although it is a PoW blockchain, the transaction fees within the Zilliqa network are more than 200 times lower than those paid as gas fees in Ethereum. Mining You can mine ZIL to support the operation of the Zilliqa network. ZIL coins can be mined using far less computational power and energy than mining BTC or ETH. Staking You can also participate in staking opportunities using the ZIL network to make Zilliqa’s network more secure and resilient to attacks. You can stake ZIL using supported DeFi apps and wallets or on the official Zillion portal of the blockchain. Earning Passive Income on KuCoin You also have the option of growing your ZIL holdings by using them to generate a stream of passive income. The Crypto Lending feature on our platform lets you lend liquidity to KuCoin over a period of 7 days, 14 days or 28 days to earn attractive returns. You can also stake ZIL on KuCoin over a flexible duration of time to earn interesting APRs. Take a look at the KuCoin Earn section and look up the ZIL crypto on the page to find information on the latest APRs we offer for staking Zilliqa. Trading and HDOLing as a Crypto Investment Zilliqa is one of the top digital assets in the ever-expanding crypto market. As a result of its promising use cases, the ZIL is an attractive crypto asset to own, trade against other cryptocurrencies, or HODL as an investment. Always ensure that you check the latest Zilliqa price, market cap, 24-hour trading volume, and news before placing a new trade.