Cryptocurrency Exchange

ZB.COM Exchange Review

Overview

Legal NameZB.COM Exchange
HeadquartersHong Kong
CEOOMAR Chen
Year Founded2017
Exchange TypeCentralized
Trading FeesMaker: 0.20%/ Taker: 0.20%
Deposit MethodsWire Transfer
Supported Cryptos214+ coins including Bitcoin (XBT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more
Fiat Chinese Yuan
Customer ServiceEmail, Phone
Trading OptionsSpot Trading, Margin Trading

Despite being a rather new entrant into the market, ZB.com has become one of the most preferred exchanges. The platform only accepts the Chinese Yuan as the fiat currency, and this makes it easier to transact using cryptocurrencies.

ZB.com is a Chinese cryptocurrency exchange that launched in the aftermath of the ICO ban in the country

Now, let’s look deep into the aspects that make up this ZB.com cryptocurrency exchange and see what sets apart from the competition and whether or not they can be trusted.

What is ZB.COM?

The ZB.com exchange provides cryptocurrency exchange services for both cryptos to fiat and crypto to crypto trading pairs. Since its launch in 2017, ZB.com has climbed the ranks of cryptocurrency exchanges by volume and is now ranked among the Top 20 cryptocurrency exchanges by volume. 

ZB Exchange is a cryptocurrency based exchange platform that is based in China. The exchange headquarters have been relocated to Hong Kong. The exchange primarily services Chinese and Asian investors and traders but accepts traders from all around the world. 

The website is available in both English and Mandarin. ZB.COM also has its operations in Bangkok, Dubai, South Korea, and Switzerland

ZB Features

  1. Advanced trading platform: ZB.com’s web trading platform has two interfaces: a simple and advanced one. They seem to be one of the best ones in the cryptocurrency space, from a trader’s point of view. Charting is great, there are trend lines, a number of technical analysis indicators, and more.
  2. Fiat currency availability: Chinese Yuan (CNY) is the only fiat currency that is currently offered at ZB.com. But there are not that many trades that you can do with this currency, probably because of regulations.
  3. Low-cost trading: Trading costs at ZB.com currently range from 0 to 0.20% for the total value of the transaction, depending on the traded instrument. This represents a good price considering its market competitors.

ZB Fees and Limits

Like many other exchanges, ZB Exchange fees are charged at a standard 0.2% fee per trade. However, the fee can be reduced by about half if you pay these fees in the exchange’s own cryptocurrency known as ZB token. You must have at least 100 ZB tokens to activate this fee discount.

Though the deposit fee is free, traders must pay for withdrawal fees which varies from one crypto to another. Bitcoin, Ethereum, and Litecoin attract withdrawal fees of 0.001 BTC, 0.01ETH, and 0.005LTC respectively. ZB.com puts a daily withdrawal limit on its traders.

ZB-Fees-and-Limits

ZB Supported Currencies

The platform currently offers 214 trading pairs which can be traded at ZB.com with more supported crypto coins coming. At ZB.com, the main trading pairs contain USDT and BTC. There is only a fiat currency that is currently offered at ZB.com-Chinese Yuan (CNY).

ZB-Supported-Currencies

ZB Mobile App

You need not have to use a web browser to use this exchange’s trading platform. You can download the client for different versions of Windows and Mac computers. Also, you can download the ZB.com application from both Google Play and the iStore, free of charge. 

ZB-Mobile-App

How to register on ZB?

  1. Step 1:

    Navigate to the Official Website. Click on the “Sign up” option in red at the top corner.

  2. Step 2:

    Enter your email address and set up a strong password

  3. Step 3:

    Apply your referral code which is optional

  4. Step 4:

    Tick on the user’s license and agreement

  5. Step 5:

    Then click on the Sign Up Option

  6. Step 6:

    Verify your email address by clicking on the link provided to get your account activated.register-on-ZB

How to recover the ZB password?

To recover the forgotten password, visit the Official Site, Go to the ZB Exchange login page, click on the “Reset Password” Option. Enter your email id and account details and submit to obtain a new password

recover-the-ZB-password

How to deposit on ZB?

  1. Step 1:

    Visit the Official Website, Sign in to your ZB account.

  2. Step 2:

    Navigate to ‘Investment’ at the top of the page.

  3. Step 3:

    click on the ‘Staking’ Option .

  4. Step 4:

    Choose the currency and Enter the amount you would like to deposit

  5. Step 5:

    Then click on the “Deposit” Option

  6. Step 6:

    You will see a confirmation and receive an email notifying you that a deposit from your account has been requested.

How to withdraw on ZB?

  1. Step 1:

    Visit the Official Website, Sign in to your ZB account.

  2. Step 2:

    Navigate to ‘Investment’ at the top of the page.

  3. Step 3:

    click on the ‘Staking’ Option

  4. Step 4:

    Choose the currency and Enter the amount you would like to withdraw

  5. Step 5:

    Then click on the “Withdraw” Option

  6. Step 6:

    You will see a confirmation and receive an email notifying you that a withdrawal from your account has been requested.

How to buy cryptocurrencies on ZB? 

  1. Step 1:

    Log in to your ZB account

  2. Step 2:

    click OTC Trade and then choose OTC

  3. Step 3:

    Choose your preferred payment method. For example, take the Online Banking Payment

  4. Step 4:

    Add your bank details and click Submit.

  5. Step 5:

    After the page jump to OTC page, Select “I want to buy”

  6. Step 6:

    Select ‘Buy QC’, Enter the desired amount.

  7. Step 7:

    Click ‘Buy’ to create an order

  8. Step 8:

    After the payment is complete, click “I have paid” and then click “Submit”buy-cryptocurrencies-on-ZB

How to sell cryptocurrencies on ZB? 

  1. Step 1:

    Log in to your ZB account

  2. Step 2:

    click OTC Trade and then choose OTC

  3. Step 3:

    Choose your preferred payment method. For example, take the Online Banking Payment

  4. Step 4:

    Add your bank details and click Submit.

  5. Step 5:

    After the page jump to OTC page, Select “I want to sell”

  6. Step 6:

    Select ‘Sell QC’, Enter the desired amount.

  7. Step 7:

    Click ‘Sell’ to create an order

  8. Step 8:

    After the payment is complete, click “I have paid” and then click “Submit” sell-cryptocurrencies-on-ZB

ZB Pros and Cons

Pros

  • Extremely easy to use and navigate
  • Advanced trading platform
  • 214 trading pairs Available
  • Low-cost trading
  • High liquidity

Cons

  • Limited fiat-to-crypto options
  • No leverage available
  • Registered offshore
  • Most users are Asians, need to expand beyond

Conclusion

ZB.com is a competent cryptocurrency exchange that offers traders a wide variety of digital assets to exchange. The platform is highly advanced and very user-friendly. It incorporates two separate interfaces that are useful for both beginner and advanced traders.

It is unfortunate that the exchange does not support any fiat currencies for the purchasing and selling of cryptocurrencies. However, the performance and reliability of the exchange outweigh the fiat currency factor.

Thus ZB.com is an excellent cryptocurrency exchange for buying and selling different cryptocurrencies which is worth giving a try.

Also Read: LakeBTC Exchange Review | Zipmex Exchange review | What is BitBay

What is your opinion on this ZB.com exchange review? Share your thoughts on our Twitter and Facebook pages.

Recent Updates

  • On June 03, 2020, ZB.com Lists GST (Gstcoin)
  • On June 06, 2020, ZB Adds FN/USDT Trading Pair
  • On July 05, 2020, ZB Adds XWC/QC Trading Pair
  • On July 20, 2020, ZB.com Suspended BTS and bitCNY Deposits and Withdrawals
  • On July 23, 2020, ZB.com Launches DOT(IOU) Margin Trading Service

ZB FAQ’s

  1. How does ZB.com make money?

    ZB.com charges market maker and taker fees for each trade transaction. As well, they charge withdrawal fees. Also, ZB.com has its own cryptocurrency called ZB Coin.

  2. How do I withdraw money from ZB.com?

    You can withdraw from ZB.com by sending your cryptocurrency to your personal wallet address.

  3. How do I deposit in ZB.com account?

    ZB.com only accepts cryptocurrency deposits.

  4. Can I trade on ZB.com with my mobile device?

    Yes, you can use your mobile device to trade on ZB.com through their downloadable mobile application.

  5. Is ZB.com reliable?

    ZB.com has proven to be a reliable and trusted exchange that has yet to be hacked.

  6. Where is ZB.com based?

    ZB.com is based out of Hong Kong  

ZB Ratings

Reviewed By Qadir AK

Easy to use    
Trading      
Fees and Limits
Registration

Summary

The ZB.com exchange provides cryptocurrency exchange services for both cryptos to fiat and crypto to crypto trading pairs.

4.1
ZB.COM - 8.1

8.1

Summary
ZB.com Exchange Review
Article Name
ZB.com Exchange Review
Description
ZB.com is a successful crypto exchange that came into existence in the year 2017, now ranks consistently among the top 20 cryptocurrency exchanges.
Author
Qadir AK
Publisher Name
coinpedia
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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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