ZBG Crypto Exchange Review: It Is Good Or Bad?

About ZBG Crypto Exchange

Launched in July 2018, ZBG Crypto Exchange is a Hong Kong-based cryptocurrency exchange, a subsidiary of ZB.COM. ZBG Exchange is focused on providing a trading platform for new and innovative tokens. ZBG offers currency trading (buy/sell) services for hundreds of cryptoassets, with the goal of making users’ investment choices more flexible. ZBG provides a cryptocurrency exchange, OTC, Launchpad, Rocket, and other services to global users. ZBG also offers mobile apps for iOS and Android.

ZBG Exchange is a wholly-owned subsidiary of ZB Group and focuses on ZB international innovation business. Launched in July 2018, ZBG.com has quickly become one of the top 10 crypto exchanges in the world with its innovative, efficient and global operations, and is known as a “New First-Tier” exchange.

Currently, ZBG Crypto Exchange supports 11 languages and provides services for 3 million users around the world with trustworthy cryptocurrency spot and derivatives trading, and other crypto asset investment services. ZBG’s mobile app is available for iOS and Android. ZBG continues to focus on world’s emerging markets such as Russia, Turkey and Southeastern Asia markets, and was named one of the top 3 most welcomed crypto exchanges by Russian media in 2019.

As safety is the key point in cryptocurrency trading, ZBG uses multiple technologies to protect its users and assets. SMS authorization, e-mail binding, two-factor authentication with Time-based One-time Password Algorithm and HMAC-based One-time Password Algorithm from Google, and storing 95% of digital assets in cold wallets help to provide a high level of security.

ZBG Crypto Exchange Basic Points

How To Start ?

How To Sign Up At ZBG Crypto Exchange ?

It Is Very Easy To Sign Up At Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At ZBG Crypto Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At ZBG Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

ZBG Trading fees

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform. Here, takers pay 0.075% and makers pay 0.025% for their contracts trading.

According to the most extensive industry report ever prepared on contract trading average fees, the global average contracts trading taker fee and maker fee was 0.064% for takers and 0.014% for makers. Accordingly, ZBG is slightly above average both for takers and makers.

ZBG Withdrawal fees

ZBG Crypto Exchange have not been able to find this exchange’s withdrawal fees. This is potentially a risk for you as an investor (if the exchange does not inform of the fees anywhere they believe there is a higher risk that they are high). It is possible that ZBG charges the same withdrawal fees as ZB.com (0.0001 BTC when you withdraw BTC). If so, that would be competitive and counsmer-friendly. However, they have not found any explicit information to that effect.

Accordingly, they strongly urge you to make your own analysis of the withdrawal fees at ZBG before depositing any funds there and before concluding that it is the best cryptocurrency exchange site for you.

Deposit Methods

ZBG does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency.

How Secure is ZBG Exchange?

Security is everything when we’re taking money. And the crypto space is filled with scams and hacks where users lose everything. 

The ZGB exchange works with a two-factor security authentication and complies with all the KYC regulations. This can be a bummer for the pure cyberpunks that value anonymity and privacy more than anything else, as they are required to send in all their documents and personal details. Some wouldn’t want to be so exposed when dealing with crypto. 

The ZBG Crypto Exchange also supports storing crypto assets on a cold wallet. Lastly, they also have SSL protocols and other security technologies designed to make sure users benefit from maximum security.

Customer Support

They all want to be certain that our money is in safe hands. The ZGB exchange offers 24/7 customer support and is by all accounts very competent at doing its job. Users can contact them on their official website on Facebook, Twitter, and LinkedIn.