Review on Zaif by Kehinde Oluwakemi
Zaif Exchange Platform Recover From Hacked And Reopen
Zaif is a Cryptocurrency trading platform from Japan, likely one of the largest local digital currency exchange that allow buying, selling and trading of BTC and some top altcoin such as BCH, XCP, CMS, XEM, ETH, ZAIF and others with pairs of JPY/BTC using bank transfer and credit
ZAIF charges is affordable, as low as 0•1% and 0% on market takers and makers respectively. It has user friendly interface that is easy to navigate even by the new users. It has customers support services that attend to users issues on live chat but not available 24 hours daily. It accept fiat to crypto and crypto to crypto trading
Although, ZAIF exchange Platform has been hack in 2018 and lost a lot of assets, but it good to know that it has reopen and start operation on 22 April, 2020 with new operator. Zaif compensate all the users that lost their assets, been a popular trading platform before is now recover and doing well on the market, although some service are yet to recover but major services is in operation. In fact Zaif maintain average trading volume which is still good for a trading platform that is recovering from Hachers.
Pros
- It has friendly interface that is easy to use
- It support fiat and crypto currency
- It charge a low fee
- Apart from live chat support it also has email support
- Although it was hacked but compensate all the users that lost their assets
Cons
- It has history of hacks
- It website has two language translation
- The exchange Platform is available to limited countries
