Do you know about ZB.com? Maybe yes, maybe no or maybe you have just heard somewhere. Ok, let me tell you, this exchange came just after the ICO ban in China. Despite the ban, ZB.com was launched successfully and provided relief to the Chinese crypto market and still, it is preferred by many users in the world. Let’s see what ZB.com is offering its users.
ZB Exchange Review
QUICK NAVIGATION :
The ZB.com cryptocurrency came into existence in the year 2017 and is headquartered in Hong Kong. This exchange offers services for both crypto-to-fiat and crypto-to-crypto trading. At the time of writing, ZB.com was ranking 20th and its 24-hr volume trade was at $513,463,723.
Most of the users are Chinese as well as Asian investors and traders, but it offers services to users from all around the world. Customers are investing more and the exchange is consistently among the top 20 cryptocurrencies in the world.
Now, let’s dive deep into the details that make up this cryptocurrency exchange and see what makes different from the other cryptocurrency exchanges.
ZB Exchange Platform
The platform interface is one of the best crypto trading platforms for both beginner and experienced cryptocurrency traders. There is a charting look that provides all the essential information with advanced features to the users and users can have access to tools and technical indicators for charting analysis.
The whole interface is very smooth and understandable, even a new user can easily operate the advanced trading interface.
The chart is at the top left corner and in the right of the chart there is an order book, and right below, there is the order window where traders can place their market orders. There is also a basic exchange interface where users can place, limit and stop-limit orders. But the established traders will have to toggle between the two if they want to utilize all the advanced trading features.
ZB crypto exchange offers various markets for their users. For example, users can exchange cryptocurrencies against QCash (QC), Tether (USDT), ZB token(ZB), Bitcoin (BTC) and Paxos(pax).
The exchange offers around 104 trading pairs. Moreover, the number keeps changing from time to time based on the cryptocurrencies that are added or removed.
Top trending cryptocurrencies are available on the platform, but most of the majority of coins have low liquidity. ZB.com offers cryptocurrencies that are undervalued but are of great value for cryptocurrency traders.
ZB.com fees are clearly mentioned in the fee section on the exchange’s website.
ZB.com Transaction Fee :
The exchange has a very competitive rate compared to other exchanges and moreover, if you are paying the fee in the exchange’s very own token ‘ZB coin’, then this fee will be split into half.
For deposits, ZB.com exchange charges zero fees, but users must pay a withdrawal fee which varies from crypto to crypto. For example, the Bitcoin withdrawal fee is 0.001 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.
ZB VIP levels
The exchange has divided the accounts into different VIP levels. Each level comes with its own benefits.
Each VIP level has to be upgraded. VIP accounts comes with benefits like low transaction fees, exclusive UP purchase quota, VIP Customer Service Support and other Exclusive Privileges
The exchange is one of the best among the members of the cryptocurrency community. The exchange provides users with, Google Two-Factor-Authentication for making transfers and withdrawals.
Moreover, you can enable email and SMS authentication and also a transaction PIN that will be different from your login password. All these security features will help users to trade successfully and keep the account safe from unauthorized access and hacking attempts.
Pros and Cons
- Easy user-interface
- High liquidity
- Variety of cryptocurrencies
- Advanced trading platform
- Competitive fees
- Primary users are Asians, still, need to focus on other areas
- Support for Fiat currencies not started
- ZB.com exchange will support the upcoming UBTC hard fork. The upgrade is set to occur on block #783300. We will suspend the United Bitcoin (UBTC) deposits and withdrawals from 2019 to 04/26 15:00(UTC+8).
- ZB.com list TUSD/USDT for trading at 2019/04/23 18:00 (HKT). TUSD deposits are now available on ZB.com, you can deposit TUSD in preparation for trading.