ZB.com is a successful cryptocurrency exchange that came into existence in the year 2017 shortly after the ICO ban in China. The launch of ZB.com caused a stir in the cryptocurrency world due to China’s harsh legal actions against cryptocurrencies. However, the exchange managed to launch and provide much-needed strength in the China cryptocurrency space. So let us find more about ZB.com exchange.
The ZB.com cryptocurrency exchange provides services for both cryptos to fiat and crypto to crypto trading pairs. Since their inception in 2017, ZB.com now ranks consistently among the top 20 cryptocurrency exchanges by volume. The exchanges headquarters is in Hong Kong. However, the exchange is yet to be regulated, similarly like other cryptocurrencies exchanges based out of Hong Kong.
ZB.com primarily services Chinese and Asian investors and traders but accepts traders from all around the world and the website is available in both English and Mandarin. Now, let’s get deep into the aspects that make up this cryptocurrency exchange and see what sets ZB.com apart from the other cryptocurrency exchanges and whether or not they can be trusted.
ZB.com has a very effective crypto trading platform to both beginner and experienced cryptocurrency traders, which is accessible in a couple of versions. The interface of the exchange platform is one of the best trading interfaces in the industry. The charting looks great and traders have access to tools and technical indicators for charting analysis. The whole interface is very intuitive and even novice user can appreciate the advanced trading interface for its smooth layout and understandability.
The chart is at the top left corner with the order book to the right of the chart, and right below, there is the order window where traders can place their market orders. users can place, Limit and stop limit orders on the basic exchange interface. So, seasoned traders will have to toggle between the two if they want to utilize all the advanced trading features.
There are various markets available on this platform. For example, traders can exchange cryptocurrencies against QCash (QC), Tether (USDT), and Bitcoin (BTC). This exchange supports total 73 coins and 198 trading pairs. Moreover, this number changes from time to time as new cryptocurrencies are added or removed.
Among these available cryptocurrencies are the top trending coins, but the majority of coins almost have low liquidity. Sometimes ZB.com features cryptocurrencies that are severely undervalued but are of great value for cryptocurrency traders.
ZB.com fees are clearly outlined in the fee section on the exchange’s website. ZB.com trade fee is 0.2% for all crypto assets in all markets. This is a very competitive rate and acceptable to many traders. Also, if you are paying the fee in the exchange’s very own cryptocurrency token ‘ ZB coin’, this fee can be split into half.
As for deposits and withdrawals, ZB charges zero fees for deposits, but traders must pay a withdrawal fee which varies from crypto to crypto. For example, the Bitcoin withdrawal fee is 0.0001 BTC, for Litecoin it’s 0.005 LTC and for Ethereum it’s 0.01 ETH. In comparison to its competitor, the fees are very low.
Security and Fairness
ZB.com got a safe and secure cryptocurrency exchange among members of the cryptocurrency community. The exchange implements the latest security standards to ensure users and their funds are kept safe. For example, traders can implement Google Two-Factor-Authentication for logging into their account and making transfers and withdrawals.
Furthermore, email and SMS authentication can be enabled and also a transaction PIN which is different from your login password. All these security features will help to secure trader’s accounts from unauthorized access and hacking attempts.
Customer service is available 24/7 via email and live chat. The customer support representatives are very quick to respond and helpful with their responses. Besides, clients also receive support via the websites help center. The help center has various information on several topics. Usually, users will find the answer to their question here before contacting support.
Pros and Cons
- easy to use and navigate
- High liquidity
- A wide variety of cryptocurrency assets
- Modern and advanced trading platform
- Very low fees
- Not a regulated exchange
- Lack of support for Fiat currencies
ZB.com cryptocurrency exchange is very much competent and offers traders a wide variety of digital assets to exchange. The platform is highly advanced as well as very user-friendly and incorporates two separate interfaces that are useful for both beginner and advanced traders.
One of the drawbacks is the exchange does not support any fiat currencies for the purchasing and selling of cryptocurrencies. However, the performance and reliability of the exchange outrun the fiat currency factor. ZB.com is one of the best cryptocurrency exchange for buying and selling lesser known cryptocurrencies and some of the major ones.