Swapping on zkSync Era with Enkrypt
Created with user privacy in mind, zkSync Era is the go-to L2 when it comes to zk-rollups. Wanna see what all the hype is about? Check out our guide for swapping on zkSync with Enkrypt.
Make your swaps on the zkSync Era network for lower transaction fees
Enkrypt is a multichain, non-custodial, and open-source web3 browser wallet built by the team behind MEW (MyEtherWallet). With Enkrypt, users and developers can generate accounts, manage tokens and NFTs, and interact with DApps on zkSync Era, as well as Substrate and Bitcoin chains. Follow the instructions in this guide in order to swap on zkSync Era!
zkSync Era network is an Ethereum scalability solution platform. What does that mean? It works in a similar way to Ethereum, and supports many of the same assets and applications but offers significantly lower transaction fees and higher transaction speed.
You will need ETH in your wallet, on the zkSync Era network, to trade or make any other transactions.
If you'd like to trade some Ethereum assets you already own on zkSync Era with lower fees, first bridge your Ethereum tokens to zkSync Era.
To see how to get native zkSync Era ETH for gas, as well as move any tokens you want to trade from Ethereum to zkSync Era, follow our bridging guide here.
Swaps on zkSync Era work the same way as swaps on Ethereum.
Select the zkSync Era network on the left side menu then select the ‘Swap’ option.
Click the ‘Ethereum’ dropdown menu to open the token selection menu.
You will see the tokens that are currently in your wallet. Select which token you want to swap.
In this example, we are swapping USDC.e (Bridged USDC) for WBTC (Wrapped Bitcoin).
Click the ‘Select token’ dropdown menu to open the token selection menu.
Select the token you want to receive.
Enter the amount you want to swap then click ‘Preview swap’.
There may be other offers but by default the best offer is selected. If there are more offers from other providers available, you can view them by selecting the ‘other offers’ dropdown menu. However, in this example there is only one provider.
Select ‘Proceed with swap’ once you are satisfied with your exchange rate.
Your swap is now initiated! You can click ‘Finish’ and continue using your wallet. Your tokens will automatically appear in your tokens list when the swap is complete.
You can click the ‘Activity’ tab at the bottom to view the progress of your swap.
Once the swap is completed, your new tokens will appear in your wallet.
Thank you for checking out our guide on swapping your tokens on zkSync Era with Enkrypt! Don't forget to download Enkrypt for a seamless web3 multichain wallet experience. We would love to hear from you on our social media about any guide suggestions you have for the future. Also, if you enjoy using mobile cryptocurrency wallets, give our MEW Wallet mobile app a try, it's available on both iOS and Android platforms!