Cryptocurrency Exchange

ZB.COM Exchange Review: Supported Currencies, Trading Fees, Deposit, Withdrawal & More

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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.

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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.

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

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 is now ranked among the Top 20 cryptocurrency exchanges by volume. 

ZB Exchange is a China-based crypto exchange. 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

When it comes to cryptocurrencies, ZB.COM offers over 200+ cryptocurrencies, including:

  • Bitcoin.
  • Ethereum.
  • Litecoin.
  • Ripple.
  • Bitcoin Cash.
  • EOS.
  • Stellar Lumens.
  • Monero.
  • Dogecoin.
  • Ethereum Classic.
  • Dash and more.

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. 

How to register on ZB?

Step 1: Navigate to the Official Website. Click on the “Sign up” option in red at the top corner.

Step 2: Enter your email address and set up a strong password

Step 3: Apply your referral code which is optional

Step 4: Tick on the user’s license and agreement

Step 5: Then click on the Sign Up Option

Step 6: Verify your email address by clicking on the link provided to get your account activated. 

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

How to deposit on ZB?

Step 1: Visit the Official Website, Sign in to your ZB account.

Step 2: Navigate to ‘Investment’ at the top of the page.

Step 3: click on the ‘Staking’ Option 

Step 4: Choose the currency and Enter the amount you would like to deposit

Step 5: Then click on the “Deposit” Option

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?

Step 1: Visit the Official Website, Sign in to your ZB account.

Step 2: Navigate to ‘Investment’ at the top of the page.

Step 3: click on the ‘Staking’ Option 

Step 4: Choose the currency and Enter the amount you would like to withdraw

Step 5: Then click on the “Withdraw” Option

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? 

Step 1: Log in to your ZB account

Step 2: click OTC Trade and then choose OTC

Step 3: Choose your preferred payment method. For example, take the Online Banking Payment

Step 4: Add your bank details and click Submit.

Step 5: After the page jump to OTC page, Select “I want to buy”

Step 6: Select ‘Buy QC’, Enter the desired amount.

Step 7: Click ‘Buy’ to create an order

Step 8: After the payment is complete, click “I have paid” and then click “Submit”

How to sell cryptocurrencies on ZB? 

Step 1: Log in to your ZB account

Step 2: click OTC Trade and then choose OTC

Step 3: Choose your preferred payment method. For example, take the Online Banking Payment

Step 4: Add your bank details and click Submit.

Step 5: After the page jump to OTC page, Select “I want to sell”

Step 6: Select ‘Sell QC’, Enter the desired amount.

Step 7: Click ‘Sell’ to create an order

Step 8: After the payment is complete, click “I have paid” and then click “Submit”

ZB.COM Referral Program and Other Services:

This exchange is offering exciting commissions via its ZB partner program. Users can earn upto 40% commission for every referred customer. The percentage commission depends upon the total amount of net revenue all your referrals generate per month.

Is ZB.COM Exchange Safe and Secure?

Yes, ZB.COM Exchange is one of the safe exchanges available since there have been no hack events since its inception. It offers the following security and compliance features to ensure that clients accounts and transactions are maximally protected.

  • The exchange has a high end cold storage wallet to protect users’ funds stored on the exchange.

In addition to this, It helps users to protect their account through two-factor authentication.

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

ZB.COM FAQ’s:

1. Is ZB.COM regulated?

ZBX will be one of the first fully regulated Crypto Exchange platforms with a Maltese license.

2. How long does ZB.COM verification take?

The ZB.COM verification process will take about 3-5 days.

3. Is ZB.COM reliable?

Yes, ZB.COM is reliable and trusted by many people from all around the world.

4. Can US citizens use ZB.COM?

US Clients are not accepted on the exchange.

5. Has ZB.COM been hacked?

ZB.COM does security well. As such, it has never been hacked before or at least hasn’t disclosed any such incidents.

ZB.COM - 8.1

8.1

ZB.COM Exchange Ratings
  • Currency Support
  • Online Reputation
  • Trading and transaction fees
  • Customer Support
Overall
4

Pros

  • It provides high liquidity.
  • Low and competitive fees.
  • Advanced trading platform.
  • Can trade on Margin and in Futures markets.

Cons

  • Limited number of Crypto assets are available.
  • Most users are Asians, and need to expand beyond.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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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