- Very easy to use and navigate
- High liquidity
- Wide selection of cryptocurrencies
- Sophisticated trading platforms
- Very low and competitive fees
- Not a regulated exchange
- No fiat currencies supported
ZB.com is a rather new cryptocurrency exchange that was only recently founded in 2017, shortly after the ban of initial coin offerings (ICOs) in China. The exchange is a Chinese owned and operated exchange but is now headquartered in Hong Kong due to China’s harsh laws and regulations regarding cryptocurrencies. However, even though they are now located in Hong Kong, the exchange remains unregulated much like most other cryptocurrency exchanges. Although, this has not hindered their growth. Since ZB.com’s launch they have climbed the ranks of crypto exchanges and is now among the top 20 in terms of trading volume. Most of this volume is coming from participants in the Chinese and Asian markets but ZB.com accepts traders from all around the world. As well, their trading services are multilingual and support the English, Chinese, Korean, Japanese, Thai, and Arabic languages. Though this is an international crypto exchange accepting traders from everywhere, are they the right exchange for you? Find out in the following review where we analyze every aspect of ZB.com’s services and discover whether ZB.com is right for you and beats out the competition.
Like many other cryptocurrency exchanges, ZB.com features their very own proprietary web-based trading platform. However, what makes ZB.com different is that they feature two versions of their platform, one for beginners and one for more advanced traders. Both platforms are highly sophisticated, only, the advanced platform has more features and is more complicated and less user friendly for beginner traders. The advanced trading platform features an extensive array of technical indicators, drawing and analysis tools, various order types, and various market sentiment and depth information. As for the beginner platform, it is intuitively designed and very user friendly while offering all the necessary features needed to successfully trade and conduct basic technical analysis. The process of placing and executing an order is simple, fast, and easy. The platform is fully capable of grabbing the attention of a beginner trader without scaring them off and overwhelming them with features. All in all, the trading platforms provided by ZB.com are good and suite the needs of the traders they’re intended for.
The ZB.com exchange deals strictly in cryptocurrencies, meaning no other tradeable asset is supported or offered on the exchange, not even fiat currencies. However, this is very common among even the most popular and highly liquid cryptocurrency exchanges. The number of cryptocurrencies available to trade at ZB.com is over 60 and continuously growing. These cryptocurrencies are available to trade across 4 different crypto markets, including the QC Market, ZB Market, USDT Market, and BTC Market. The markets with the most tradeable crypto pairs are the BTC Market, then the USDT Market, QC Market, and the ZB Market. Among the coins featured on these markets are some of the newest and most undervalued coins on the market.
Fees and Commission
ZB.com has a very fair and transparent fee structure which is open for review to everyone who visits their website. The standard trading fees are just 0.2% on all trades, meaning the maker and taker fees are the same. Traders who hold at least 100 ZB in their account can choose to pay transaction fees with ZB and receive 50% off all fees. Now, regarding deposit and withdrawal fees, traders pay zero fees on all deposits and low varying fee on withdrawals. For instance, the Bitcoin withdrawal fee is 0.0001 BTC, for Litecoin it’s 0.005 LTC, for Ethereum it’s 0.01 ETH, for Dash it’s 0.002 DASH, for GNT it’s 20 GNT. These fees are very reasonable and even considered low compared to most of the competition.
Security and Fairness
Even though ZB.com is a fairly new and unregulated cryptocurrency exchange, it is viewed as a trusted and secure exchange among crypto traders. The exchange has yet to have any hacks or loss of funds, and they hold the majority of user funds in offline cold storage wallets. As well, user accounts are protected with two factor authentication techniques such as email notification, SMS messaging, and Google 2FA. Also, all transmitted data is protected by top of the line SSL technology. All in all, ZB.com is thus far a very safe, fair, and transparent cryptocurrency exchange.
The customer support provided by ZB.com is surprisingly very good. Most cryptocurrency exchanges serving the Asian markets have very poor customer support for western countries. However, the support representatives are fairly quick to respond and friendly with their responses. The support methods available include live chat, email, and contact through their social media channels. These support options are available 24 hours a day, 7 days a week. Additional methods of support include the extensive FAQ page and help center which includes a variety of helpful guides and resources. All in all, we were very pleased with the quality of support offered by ZB.com.
ZB.com may be a new cryptocurrency exchange, but it is also a highly competent and reliable exchange. The trading platforms available are of high quality and adhere to both beginner and experienced trader’s needs. The number of tradeable crypto assets is quite large and the markets available to trade them in are plentiful. The exchange has thus far proven to be trustworthy and secure and we would definitely recommend considering this exchange.
The following are the common questions that customers inquired about ZB.com.
Is ZB.com regulated?
No, it is not regulated, just like most other cryptocurrency exchanges.
Is ZB.com a scam?
No, ZB.com is a legit exchange and is widely used and trusted.
Where is ZB.com based?
ZB.com is based out of Hong Kong.