Review on OTCBTC by Fabrizio Zampieri
ZB.com opened on 1st of November, 2017. It offers trading in more than 150…
ZB.com opened on 1st of November, 2017. It offers trading in more than 150 digital currencies, including an option to buy and sell several cryptos against CNY in a decentralized manner.
According to the information on its website, ZB.COM’s headquarters are in in North America (Canada, the United States), and it also has operations in Southeast Asia (Bangkok), West Asia (Dubai), as well as South Korea, and Switzerland. Although it says it plans to obtain licenses in the United States and Thailand, currently ZB.com is does not hold any licenses and is registered offshore, in the Independent State of Samoa.
Despite trading with offshore entities involves certain risks, however the user reviews on ZB.com seem to be mostly positive.
Pros
- ZB.com’s web trading platform has two interfaces: simple and advanced one. The latter seems like 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. Low fees on the advanced trading platform. We can consider ZB.COM an emerging exchange.
Cons
- There is only 1 fiat currency accepted (Chinese Yuan, CNY), due to regulatory restrictions. Fiat-to-crypto trading and is available to verified users only via C2C mechanism. Verified clients of ZB.com re able to buy and sell only USDT (Tether, the cryptocurrency, backed by US dollars) and Q-Cash (or QC, an independent digital currency contracts which based on QTUM blockchain) against Chinese yuan (CNY) -ZB.com plans to accept US Dollars in the near future-. ZB.com does not offer trading on margin, like most exchanges. Main language is chinese (there are also american, japanese, arabic languages).
