# March 2023: what is easiest and cheapest way to exchange STORJ tokens at ZKSync wallet

**URL:** <https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831>\
**Category:** FAQ\
**Created:** [March 12, 2023, 1:46pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831 "2023-03-12T13:46:01Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![hatred](https://storj.bcdn.literatehosting.com/letter_avatar/hatred/32/5_5575768a8748004e209b776fc1b2916d.png) [@hatred](https://forum.storj.io/u/hatred)\
**Post date:** [April 8, 2023, 12:26pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/21 "2023-04-08T12:26:57Z")

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you will lose tokens

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**Author:** ![RJGSpace](https://storj.bcdn.literatehosting.com/letter_avatar/rjgspace/32/5_5575768a8748004e209b776fc1b2916d.png) [@RJGSpace](https://forum.storj.io/u/RJGSpace)\
**Post date:** [April 8, 2023, 1:49pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/22 "2023-04-08T13:49:00Z")

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i also directly put binance Storj address at config.yaml…working just fine

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**Author:** ![hatred](https://storj.bcdn.literatehosting.com/letter_avatar/hatred/32/5_5575768a8748004e209b776fc1b2916d.png) [@hatred](https://forum.storj.io/u/hatred)\
**Post date:** [April 8, 2023, 5:07pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/23 "2023-04-08T17:07:31Z")

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Do you use ZKSync for payout?

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**Author:** ![RJGSpace](https://storj.bcdn.literatehosting.com/letter_avatar/rjgspace/32/5_5575768a8748004e209b776fc1b2916d.png) [@RJGSpace](https://forum.storj.io/u/RJGSpace)\
**Post date:** [April 8, 2023, 11:02pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/24 "2023-04-08T23:02:29Z")

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nope…just use storj binance spot wallet for recieve storj payouts…

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**Author:** ![Alexey](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/alexey/32/41_2.png) [@Alexey](https://forum.storj.io/u/Alexey)\
**Post date:** [April 9, 2023, 3:14am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/25 "2023-04-09T03:14:33Z")

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This is not the same. When you use a deposit address of the Exchange directly, there are risks:

- the exchange can renew a deposit address for tokens without previous notify
- they can stop deposits in any time
- they can stop withdrawals in any time
- and so on, you know - “not your keys, not your crypto”

We are talking about receiving payout via zkSync to your own wallet (not to the Binance’s wallet), then withdraw from zkSync to L1 deposit address of the Exchange.

So seems withdrawal to an L1 deposit address is working:

> [@Vadim](#):
>
> Interesting, I send from ZKsynk to l1 directly to binance every month and working ok.

@hatred Maybe they applied changes only to a new deposit addresses?

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**Author:** ![bre](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/bre/32/69_2.png) [@bre](https://forum.storj.io/u/bre)\
**Post date:** [April 9, 2023, 3:31am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/26 "2023-04-09T03:31:22Z")

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> [@Alexey](#):
>
> - the exchange can renew a deposit address for tokens without previous notify
> - they can stop deposits in any time
> - they can stop withdrawals in any time
> - and so on, you know - “not your keys, not your crypto”

+1 This is often highly underestimated risk.

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**Author:** ![donald.m.motsinger](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/donald.m.motsinger/32/71_2.png) [@donald.m.motsinger](https://forum.storj.io/u/donald.m.motsinger)\
**Post date:** [April 9, 2023, 3:50pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/27 "2023-04-09T15:50:28Z")

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> [@CutieePie](#):
>
> From the [Zksync.io](http://Zksync.io) wallet, select “Swap” - this will take you to the ZigZag exchange - make sure you on the Zksync Lite chain, top right and then connect you metamask wallet to ZigZag 🦊 From the token pairs drop down your need to search on STORJ, then find the matching USDC pair to trade.

Thanks for that guide. I tried to follow it and now I’m stuck at the ZigZak exchange. There seems to be no liqudity for STORJ/USDC, and if I see it correctly also for the last 24h. Is this normal?

So I guess I need to go to the “Limit” tab and put a sell order in and wait until someone takes it, right? I guess I need to leave the tab open in my browser and my wallet connected.

Sorry for the stupid questions, but I’m trying out zkSync for the first time this month. 😉

> [@CutieePie](#):
>
> I can’t tell you how to trade on exchange, there are many online guides

Can you share a link to a guide you followed? I searched Google and Youtube, but couldn’t find any useful ZigZag guide. I’m somewhat familiar with exchanges from matched betting, but I never used a crypto exchange before.

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**Author:** ![arrogantrabbit](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/arrogantrabbit/32/11200_2.png) [@arrogantrabbit](https://forum.storj.io/u/arrogantrabbit)\
**Post date:** [April 9, 2023, 7:37pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/28 "2023-04-09T19:37:18Z")

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(I’m in a no way expert, just figuring this out myself) but it seems USDT conversions are available and can be used in the same scenario.

Another question — do I really need to to round trip through MATIC: it seems bitrefill supports USDT ERC20 directly, in addition to matic?

I.e. can I do Storj to USDT on zigzag and then use that on bitrefill? ERC20 tokens are stabdard, but I feel I’m missing something (network? Are USDC/T on zksync in some way special? )

 ![IMG_7273](https://storj-s3.bcdn.literatehosting.net/original/2X/3/347e22ce2723bd94f96b1eeb9e08bd677711a823.jpeg)

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**Author:** ![donald.m.motsinger](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/donald.m.motsinger/32/71_2.png) [@donald.m.motsinger](https://forum.storj.io/u/donald.m.motsinger)\
**Post date:** [April 9, 2023, 7:42pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/29 "2023-04-09T19:42:47Z")

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I endet up with swapping STORJ to USDT on ZigZag, transfering it to Polygon at orbiter.finance , then swapping USDT to USDC on Polygon and finally transfering it to Bitrefill.

> [@arrogantrabbit](#):
>
> Another question — do I really need to to round trip through MATIC: it seems bitrefill supports USDT ERC20 directly, in addition to matic?

I guess that would be on L1, so I guess you would need to transfer USDT from L1 to L2. But I’m no expert either.

> [@arrogantrabbit](#):
>
> I.e. can I do Storj to USDT on zigzag and then use that on bitrefill?

I tried to use USDT at Polygon on Bitrefill, but somehow it didn’t work or took forever. So I swapped USDT to USDC on Polygon and then transferred to Bitrefill.

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**Author:** ![Vadim](https://storj.bcdn.literatehosting.com/letter_avatar/vadim/32/5_5575768a8748004e209b776fc1b2916d.png) [@Vadim](https://forum.storj.io/u/Vadim)\
**Post date:** [April 10, 2023, 7:40am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/32 "2023-04-10T07:40:30Z")

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not the same risk, as you make transfer you check that address is correct, then exchange and withdraw. People usually hold money on receive address for long time, so if exchange will be cracked you will lose money. Also if address change and transfer will be made to wrong address you will lose money.

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**Author:** ![Vadim](https://storj.bcdn.literatehosting.com/letter_avatar/vadim/32/5_5575768a8748004e209b776fc1b2916d.png) [@Vadim](https://forum.storj.io/u/Vadim)\
**Post date:** [April 10, 2023, 10:43am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/34 "2023-04-10T10:43:41Z")

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Storj price is going up and down with BTC, if you hold till next bool cicle, it is possible to get even 3-5x. but it can be very long time. Me personally exchange it every month, as i get around 700-800$ a month, so I watch very tightly when I exchange it, small difference give me +50$ this month.

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**Author:** ![bre](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/bre/32/69_2.png) [@bre](https://forum.storj.io/u/bre)\
**Post date:** [April 11, 2023, 7:07am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/36 "2023-04-11T07:07:52Z")

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The risk is not the same.  
These problems have in fact occurred in the past on many chains and exchanges, which is why they are mentioned here.  
This is basic crypto knowledge. Best practices 101.  
I won’t argue this point with you.

Everyone should make their own informed decisions.  
We are here to provide information for people to make those decisions for themselves.

Everyone has different levels of risk tolerance and deserve to have all the information to decide what is best for their own circumstances.

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**Author:** ![bre](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/bre/32/69_2.png) [@bre](https://forum.storj.io/u/bre)\
**Post date:** [April 12, 2023, 4:57am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/38 "2023-04-12T04:57:26Z")

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Nope. Not interested in splitting hairs, but thank you for the offer 😉

Counter party risks in fiat exchange is a normal part of every day life all over the world for centuries. You can rate levels of risk as you see fit. That’s part of everyone making their own decisions to fit their own comfort levels and risk tolerances.

The point remains, everyone here is entitled to all the information available to make their own decisions. Agreement is not required.

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**Author:** ![Vadim](https://storj.bcdn.literatehosting.com/letter_avatar/vadim/32/5_5575768a8748004e209b776fc1b2916d.png) [@Vadim](https://forum.storj.io/u/Vadim)\
**Post date:** [April 12, 2023, 5:01am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/39 "2023-04-12T05:01:23Z")

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It already more looks like 10 trees is the forest or not.

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<div class="post-metadata">

**Author:** ![bre](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/bre/32/69_2.png) [@bre](https://forum.storj.io/u/bre)\
**Post date:** [April 12, 2023, 6:12am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/41 "2023-04-12T06:12:17Z")

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There are some issues I’m not permitted to discuss due to my direct relationship with the company and US regulations.

That said, I can only present general risk factors and technical techniques in this thread, not make specific financial recommendations or risk assessments for individuals.

People are free to trust self custody more, or exchanges.  
You must do what is right for you.  
Other’s may choose different solutions.

The points are access, choice and control.  
Self custody maintains more control over the utility tokens.  
Exchange wallets offer less control over the utility tokens.  
There is really nothing left to say on the topic.  
People will make their own choices.

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<div class="post-metadata">

**Author:** ![donald.m.motsinger](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/donald.m.motsinger/32/71_2.png) [@donald.m.motsinger](https://forum.storj.io/u/donald.m.motsinger)\
**Post date:** [May 18, 2023, 10:15am UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/42 "2023-05-18T10:15:31Z")

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> [@donald.m.motsinger](#):
>
> I tried to use USDT at Polygon on Bitrefill, but somehow it didn’t work or took forever. So I swapped USDT to USDC on Polygon and then transferred to Bitrefill.

Just to add that the next month I was able to transfer USDT to Bitrefill. Saves 1 step. Don’t know why it didn’t work before.

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**Author:** ![toma](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/toma/32/1125_2.png) [@toma](https://forum.storj.io/u/toma)\
**Post date:** [September 1, 2023, 6:46pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/43 "2023-09-01T18:46:41Z")

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Hello guys, can someone give me a feed on how it works?

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**Author:** ![arrogantrabbit](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/arrogantrabbit/32/11200_2.png) [@arrogantrabbit](https://forum.storj.io/u/arrogantrabbit)\
**Post date:** [September 1, 2023, 6:55pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/44 "2023-09-01T18:55:36Z")

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Prior discussion:

> [@March 2023: what is easiest and cheapest way to exchange STORJ tokens at ZKSync wallet](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831):
>
> The whole question is in the title: what is the cheapest way to exchange tokens on the ZKSync wallet for USDT today? As I understand it, neither Binance nor other exchanges support input via ZKSync and it is necessary to change tokens, transferring them immediately to a wallet to top up the balance on the exchange? Or do you need to first transfer them to your ETH wallet, and then from it to the exchange?

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**Author:** ![philippe456](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/philippe456/32/10067_2.png) [@philippe456](https://forum.storj.io/u/philippe456)\
**Post date:** [November 20, 2023, 8:21pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/45 "2023-11-20T20:21:46Z")

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hello, same question.  
i have 3 nodes with zsync selected. I’ve earn some storj.  
don’t know how to convert in $ or €.

i have Metamask wallet but i’ve read so much topic … lost

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<div class="post-metadata">

**Author:** ![arrogantrabbit](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/arrogantrabbit/32/11200_2.png) [@arrogantrabbit](https://forum.storj.io/u/arrogantrabbit)\
**Post date:** [November 20, 2023, 8:27pm UTC](https://forum.storj.io/t/march-2023-what-is-easiest-and-cheapest-way-to-exchange-storj-tokens-at-zksync-wallet/21831/46 "2023-11-20T20:27:19Z")

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Do withdrawal to L1 to exchange deposit address, then swap to stablecoin. Then sell stablecoin for cash. Some exchanges do the latter bit for free. I use coinbase.

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