Review on ZB.COM by Fanuel PORPORTY
ZB is a Chinese-oriented exchange, catering almost exclusively to Chinese audiences and not investing much into making itself accessible to western audiences.
ZB is a Chinese digital currency exchange that emerged back in 2017, when the crypto prices were surging higher than ever before in their history. The exchange was actually registered in the island state of Samoa, although its focus was on the Chinese market from the early days. Samoa regulations allowed it to easily operate on an international level, and the exchange seems to believe that serving China's population is the way to go. Later on, the exchange relocated to Hong Kong, still outside of Chinese regulations' reach. Similarly to other major cryptocurrency exchanges, ZB also launched its own native cryptocurrency, which is also named ZB. Its use cases are pretty similar to those of other exchange tokens and coins, such as providing transaction fee discounts within the exchange.
As time went by, ZB started offering advanced trading methods, such as margin trading, spot trading, and OTC trading. They even seem to be offering crypto loans of a sort, as well as the ability to vote for EOS block producers. ZB even has a global partner program, which rewards those who attract new users, thus giving traders an incentive to help its ecosystem and user base grow further.
Pros
- Low transaction fees
- Its own token, that provides a further discount for those who use it
- Fiat currency availability
- Advanced trading platform
- User-friendly interface
- Margin, spot, and OTC trading available
- Multi-language support
Cons
- The exchange offers wire transfer as a deposit method, but you can’t deposit via credit card.
