Review on ZB.COM by Mathias David
Reviewing My First Chinese Exchange Platform
Zb dot com is yet another exchange platform, but this one isn't founded in America nor is it registered in Seychelles. It was founded in China. The fact that it was founded in China didn't guarantee its residence there, this is due to the numerous and strict rules and even ban of such activities. The exchange platform is currently located at Hong Kong, where their laws are much more easier to abide by than the laws of the Chinese government. The Asian market seems to be a competitive one, majorly due to their population and massive adoption, thereby making the companies there a very competitive one with all of them struggling to achieve nothing less than the best. The Zb dot com isn't left out in the competition either as they work hard to capture the Chinese market and the global one too. As a Chinese based crypto exchange, it is not a new thing seeing some of the things written on their platform in Chinese, as a matter of fact, they have their interface in English and Mandarin (that is the traditional Chinese). This is common in exchanges or platforms generally that have a specific market as their target. The Zb dot com does that too but it seems the went too forward in that as they have some information that night be relevant to English speaking and understanding traders written in Chinese. This might not really seem to be a problem because they have explicitly shown by their actions that the Chinese market is their target. Their interface seems to be nicely decorated and they have been able to make provision for both expert traders and learners with their easy to use platform. Over the course of researching, I also discovered that the exchange platform has some issues as to when it was established. The Zb dot com exchange platform claims that they started servicing crypto traders in the year 2012 but records has it that they started in 2017. There was even further claim that during the space of 2012 to 2017 (that is, the years when claims were made that the exchange platform wasn't functional), they have been putting fake trading volumes. This remains a controversy as these claims are yet to be proven by enough facts and evidence.
Their support team is one thing I must commend, the Zb dot com exchange platform seems to have a very responsive and up to the task support team. This was proven to me when I asked a question via email and was answered in less than an hour. However, their online support ticket is available in Chinese only. The fees an exchange platform charge seems to be a necessary topic to discuss. The Zb dot com exchange platform charges a flat fee of 0.2% which happens to be slightly below the industry's average. This fee doesn't look to competitive to me but I'm sure some Chinese and Asian traders would find the exchange platform worthy of usage, majorly due to the fact that they make use of their language on their interface.
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Pros
- They have a beautiful and easily understand-able interface which can be used by both experts and learners
- Their interface is multilingual as it is translated to Mandarin
- Moderate trading fee of 0.2%
- Their support team is comprised of competent people, they seem to be the best to me as I was replied in less than an hour
Cons
- They seem to have some important details written in Chinese
