ZB.com Review

ZB.com Review

Robert McDougall 

January 8, 2024

Cryptocurrency

What Is ZB.com?

ZB or ZB.com is one of the oldest cryptocurrency exchanges. It was designed in 2013 when the majority of people did not even know about cryptocurrencies, blockchain, and the web 3.0 concept. Previously known as CHBTC, the company had to change its name to ZB in 2017 amid regulatory compliance issues in China. The platform is currently based in Singapore with offices in Dubai, Malaysia, Australia, the United States, Switzerland, and a few other countries, enabling them to serve users globally. 

ZB offers a perfect blend of crypto services any crypto enthusiast would want. On top of enabling users to buy a variety of cryptocurrencies with fiat assets, the platform also provides a professional environment to trade tons of digital assets. You can also invest your assets and earn passively by staking or lending your assets. You can even participate in their events to win rewards or become their partner for referral rewards. To get started, simply sign up on the platform with your Google account or provide your email address or phone number.

  • Web Address: www.zb.com/en
  • Main Location: Singapore
  • Cryptocurrencies: BTC, ETH, GMT, SHIB, SOL, LUNA, ADA, APE, and 200+ more
  • Fiat Currencies: USD, CNY, TRY, ZAR, CAD, AUD, and many more
  • Mobile App: Android and iOS devices
  • Payment Methods: Visa/Mastercard, Bank transfer, e-wallets, Cryptocurrency
  • Deposit Fees: Crypto: free, Fiat: fee charged by third-party merchant when purchasing crypto 
  • Withdrawal Fees: Depends on the crypto 
  • Trading Fees: 0.2%

My Overall Thoughts on ZB

There are platforms focused on trading, platforms that allow easy crypto purchasing and selling of assets, and platforms that provide great investment opportunities. ZB provides all these services and offers users a trouble-free experience in accessing all types of crypto services. It also comes with a very user-friendly interface allowing all types of traders and investors to use the services of the platform efficiently. Two trading sections target both beginners and professionals. With over 200 crypto assets, ZB brings diversity to your portfolio and enables you to explore hidden crypto opportunities.

Easy and quick buy and sell of cryptocurrencies, tons of investment options, partner programs, events, ecosystem benefits, and premium trading experience are among the many features that define the integrity of ZB. But if you want to know what I love the most about the platform, you can take a look below:

1) 200+ cryptocurrencies and different trading markets: ZB has a massive range of cryptocurrencies that traders can trade on the platform. Of course, their list of assets also includes the popular ones like BTC, ETH, SOL, SHIB, and many others that hold great potential. You can also trade spots and derivatives on the platform and trade different digital assets with ease.

2) Basic and pro trading interface: ZB has designed two separate versions of their trading interface. While the basic version understandably minimizes complicated features to make things easier for beginners, the pro version offers a full-fledged experience with all the tools and functions you would require as an advanced trader.

3) Investment through staking, lending, and saving accountsYou can start investing your digital assets on ZB in different ways and earn yearly yields on the assets you have invested. You can go with safe investment options like saving accounts or earn more yield through the staking option. You can earn up to 40% APY depending on the investment plan you have chosen along with the type of asset you have invested.

But there are a few concerns about the availability of assets in their staking section, as they are mostly not known to the crypto community, making the investors buy them separately in order to invest.

Key Features and Advantages of ZB

ZB is one of those cryptocurrency exchanges that do not focus on a particular area and try to serve their users in the most complete and professional way. If you are a registered user on ZB, you can easily purchase cryptocurrencies with your credit or debit card or simply transfer the fiat currencies through a bank to own the assets you want. The platform even has hundreds of cryptocurrencies that one can trade or directly buy on the exchange. You can also trade derivatives with maximum leverage to benefit you even more.

You can even make crypto assets you already own work for you by staking or lending them on the platform. You can easily grow your portfolio this way and earn a high income on your preferred basis. Check out the list below to find out their complete services and key features:

Negatives and Disadvantages of ZB

ZB might be a perfect cryptocurrency exchange in many ways and aspects, but it still has some negative points that should be considered before joining the platform:

What Services Does ZB Offer?

You won’t be disappointed in their services as ZB has a solution for every type of crypto user. Purchasing cryptocurrencies, trading a variety of digital assets, or putting them to the right work to make you money – you can do all these very efficiently at ZB. The platform also offers more features and options like their partner program, rewards, and ecosystem benefits that can help you save money.

The great diversity in assets and a beginner-friendly layout make things even better and provide a seamless user experience. Learn more about the complete services of ZB and understand how the platform works:

Purchase and sell crypto assets with ease: ZB probably has one of the best gateways to purchase cryptocurrencies with ease due to the payment methods they support, the included fiat currencies, as well as their P2P market. You can buy a variety of cryptocurrencies on the platform by connecting directly with other sellers or by choosing third-party payment providers to complete your purchases.

You can buy and sell your crypto assets on the platform almost instantly, thanks to their support of payment options like credit/debit cards and e-wallets. You can buy any cryptocurrency you want without any type of restriction, including with the fiat currencies available in your bank account or e-wallets.

Easy crypto purchasing and selling allow users to keep up with the crypto industry and invest and take a profit at the right time. You can simply head to their buying/selling section and check out different P2P sellers or payment methods that are offering you the best rates to purchase crypto assets.

Over 200 cryptocurrencies are available: ZB has a wide variety of cryptocurrencies available on the platform that you can directly sell or purchase or start trading right away. All types of crypto assets, including the popular ones with considerable market cap, volume, and popularity, are at your disposal. This makes it easier for traders to go with the right pairs with better insights.

With the number of cryptocurrencies available on ZB, you can easily diversify your portfolio and explore as many possibilities as you want for a better profit ratio. Be it simple investing and holding or full-day trading, you can choose from among a diverse range of crypto assets and divide the risk accordingly. This could save you from losing your equity all at once in case the market goes sideways.

In short, you will not have to restrict yourself to a few cryptocurrencies only when investing your money in the crypto market or while trading professionally. ZB constantly lists and delists crypto assets to offer you trending, popular, and better assets in one place.

Trade spot and derivatives with leverage: You can trade in two different markets with ZB, and the platform even allows the traders to leverage their trades and make even more profit. If you are a beginner, you can simply explore the spot market and trade the standard crypto assets. If you are professional who wants to play with advanced pairs, you can check out derivatives and the different types of contracts that are available there.

Having to choose between two entirely different trading markets allows the traders to explore different opportunities and not restrict their skills and understanding to one particular place only. You can even leverage your trades up to 100 times which can provide you profits a lot quicker than standard trading.

You can also easily trade hundreds of crypto assets, QC futures, and USDT futures on ZB, thanks to the diversity created by the platform. Also, features like leverage give advanced and professional traders a chance to increase the potential of their trades. 

Premium Android and IOS mobile applications: ZB has designed their applications for mobile users who want to stay connected to their portfolio, and access all the crypto features one might need at any time. ZB mobile applications are available to download on the Play Store of Android devices and the App Store of IOS devices. You can also download the application locally to avoid using application stores.

The mobile applications of ZB come with almost all the essential features and functions that an investor or trader would want. You can purchase cryptocurrencies with their mobile applications through your fiat assets. You can even explore all the available markets with up-to-date charts and detailed insights for hassle-free trading. Options like investing or staking are also accessible through their mobile apps.

Basic and advanced trading interface: ZB offers a very advanced and professional experience to their traders, but they have also kept the beginners and amateurs in mind during the whole process of developing their trading interface. ZB has divided their trading interfaces into two different sections, one for pros, the other for beginners.

The basic trading interface at ZB comes with a really simple layout without any complicated charts or movements. You can simply check out the price and place your order to get on with your trade. On the other hand, the professional version offers all the features an advanced trader needs. ZB provides a full-fledged and ultra-fast charting system for each of the assets available on the platform. You can also customize the whole charting interface as per your preferences by considering the options provided on the left side of the screen. You can use indicators, draw on the charts, use different lines, measure, zoom in, or even select different timestamps just like you want.

If you are a beginner, ZB offers a suitable experience and lets you learn how trading is done. If you are a professional, you won’t be disappointed with the features ZB offers to their advanced traders.

Earn money through lending, staking, and saving accounts: Users on ZB are not limited to buying, selling, or trading of cryptocurrencies; they can also invest their crypto assets and start earning money. The platform offers three different options through which the users can earn a few extra bucks through assets they already own: lending, staking, and savings accounts.

Staking can provide an annual yield of up to 38% depending on the asset you have chosen to stake, but the returns are quite impressive compared to the industry standard. If you want a safer investment, check out ZB’s saving accounts which can make you around 5% on your assets annually. And lastly, you can lend your money to someone else through the platform and get an idea of the interest rate you would get at the end of the agreed period.

These investment opportunities can be quite crucial for crypto users who want to expand their portfolio and benefit from their digital assets. With the investment plans offered by ZB, you can sit back, invest, relax and earn profit over the year.

Trading bots for automated trading: You can automate your trading with ZB, thanks to the three kinds of trading bots available on the platform. These are the classic grid bot, positive grid bot, and reverse grid bot, each having different properties. You can also customize your bot and set its preferences according to your understanding.

Bot trading makes things easier for advanced users. You can set up a bot for one time, and it will follow your instructions and trade automatically for the rest of its running period.

Up to 40% trading commission with referral program: You can become a ZB partner and earn a trading fee commission for every trader you bring on the platform. When you refer potential traders to the platform and they sign up through your specialized link, you can earn money every time they trade.

Currently, ZB is offering their partners the opportunity to earn up to 40% in trading commission fees. Your rewards are credited into your ZB account every time anyone makes a trade, and you can withdraw your funds whenever you want. ZB also allows their partners to bring as many traders as they want and make as much money as they can without any restrictions.

If you want to create another highly profitable income stream, join the ZB partner program. All you need is a trading community that trusts you and is willing to join the platform through your link.

Join the ZB ecosystem for benefits: Joining the ZB ecosystem offers many benefits. Users just need to buy and hold a specific amount of ZB, which is the native token of the exchange, in order to claim the benefits.

The biggest benefit of having ZB tokens is that you are granted discounted trading fees. You also become a VIP member of the platform and get voting rights for different purposes. You can even get higher partner rewards by simply owning ZB tokens, along with the opportunity to get early airdrops.

It’s a great deal. You can check out their whitepaper and decide if you should enter their ecosystem or not.

Beginner-friendly platform with guiding content: ZB is a beginner-friendly platform, as they have kept amateurs in mind in designing almost all their features. Be it trading, investing, or buying, the platform has a simple layout where you can carry out your activities without facing major hurdles.

ZB also provides guiding content to their users so that they can start learning, understanding, and implementing different things without having much experience. Their guiding content includes FAQs, tutorials, and a brief guide related to the platform explaining the features and functions. You can also check out their crypto news section to know the latest in the crypto industry.

If you are a beginner and want to kickstart your trading or investing journey, ZB can help you out with their beginner-friendly services. 

Things I Don't Like About ZB

Check out the negatives about ZB below and find out the things you should be aware of when joining the platform.

Not the best staking options: There is no doubt that ZB offers a wide range of investment options. Staking is the only area where you can make considerable money through your digital assets. The catch here is that most of the assets that are available for staking are not that popular among the crypto community. You cannot stake assets like BTC, ETH, or XRP that most people hold and have great potential.

If you want to benefit from the staking section of ZB, you need to purchase anonymous cryptocurrencies or new projects that might or might not benefit you in the end. In short, ZB needs to introduce a better variety of assets that could be staked on the platform. Otherwise, the risk won’t let the investors invest their money.

High transaction fee due to third-party payment channels: You can buy a variety of cryptocurrencies on ZB, thanks to the P2P market they have integrated on their platform and the payment channels they have partnered with. However, these methods come with some cons too, and the biggest of them is the transaction fee they charge for each purchase or sale. You might even have to pay a fee of between 4% and 8% when using the third-party payment merchants, and the whole process can become expensive.

Even the merchants in the P2P market have set a profit margin that they take when selling crypto assets, and again, you have to pay a higher fee than usual. The only way to fix the problem is to bring their own payment methods and lower the fee.

ZB Fees

ZB Deposit Fees

Crypto deposits are free on the platform. But if you purchase cryptocurrencies through third-party payment channels or the P2P market, you might have to pay a certain fee or margin.

ZB Trading Fees

ZB has not implemented the taker and maker fee model for spot trading. Instead, they charge a fixed fee from both for every transaction. Take a look at the chart below to find out the spot transaction fee at ZB:

Keep in mind that the VIP levels go up to level 9 and you can get even more trading fee discounts till you reach that point. Also, ZB has a separate fee structure for futures and QC trades which you can check out on their fee page.

ZB Fiat Withdrawal Fee

ZB does not support fiat withdrawals. Fiat withdrawals can only be made through the selling section of the P2P market. Every merchant has its own fee model or terms that you can check out at the time of selling. 

ZB Crypto Withdrawal Fee

All the cryptocurrencies available at ZB for withdrawal come with a specific fee. You can check out the withdrawal fee at the time of withdrawal or by visiting their fee page. Also, ZB has defined a limit for withdrawals that you should consider when withdrawing your assets.

Pros and Cons of ZB

Pros
  • Buy and sell crypto assets with ease
  • Trade spot and derivatives
  • Basic and professional trading interface
  • 200+ cryptocurrencies are available
  • Invest through staking, lending, and saving accounts
Cons
  • High transaction fee due to third-party payment merchants
  • Not the best variety of assets is available to stake

Conclusion

ZB is a platform that has been in business for about a decade now, and they have unquestionably seen the revolutionary changes the blockchain industry has brought. Keeping that in mind, they have designed their platform in a way that would benefit all types of crypto users, investors, and traders who want a seamless and uninterrupted experience. Another great thing about ZB is that they have focused on beginner-level crypto users too. The basic trading interface, easy buying and selling of crypto purchases, quick asset swaps, and one-click investment are the biggest proof of that.

If you are looking for a hassle-free yet professional experience, ZB would do a great job for you. You can instantly sign up on the platform and enjoy their features right away. Just make sure to verify your identity to unlock your full potential as a crypto exchange investor.

If you are looking for other options in the US, you can read our article on the best cryptocurrency exchanges in the USA. There is also a quick comparison table below to help you with your decision.

Comparison Table of the Best Crypto Exchanges in the USA

MEXC
eToro
Uphold
Coinmama
Crypto.com
Crypto Exchange
Crypto Exchange
MEXC
eToro
Uphold
Coinmama
Crypto.com
Fiat Currencies
Fiat Currencies
USD, TWD, AED, PHP, AUD, JPY, CAD, EUR & more
USD
USD, GBP, EUR, CHF, AUD, JPY & 21 more
USD, EUR, AUD, CAD, GBP, JPY
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY & 10+ more
Cryptocurrencies
Cryptocurrencies
MEXC, BTC, ETH, EOS, BCH, LTC & 1,520+ more
BTC, ETH, BCH, DASH, LTC, ETC & 75 more
BTC, ETH, ADA, DOGE, COMP, DOT & 125+ more
BTC, ETH, ETC, UNI, LINK, LTC, BCH, DOGE, MATIC, EOS, AAVE, COMP, OMG, YFI, WBTC
BTC, ETH, LTC, XRP, CRO, ADA, DOT, SOL, DOGE & 250+ more
Deposit Methods
Deposit Methods
Visa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, Cryptocurrency
PayPal, Debit card, Wire transfer
Bank Transfer (ACH), Bank Transfer (SEPA), Debit/Credit Card, Wire Transfer, Faster Payments Service, SWIFT, Cryptocurrency
Credit card, Debit card, Fedwire, Apple Pay, Google Pay
Bank Transfer (ACH), BPAY, SEPA, Credit/Debit card, PayPal, TransferWise, Fedwire, SWIFT, Cryptocurrency
Trading Fees
Trading Fees
0% for spot, 0.0%/0.01% for futures
1%
Fees included in the spread
2.93% - 3.90% (depending on loyalty level)
Included in spread

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Frequently Asked Questions

 Can you trust ZB with your money?

ZB is a trusted cryptocurrency exchange that has been offering their services since 2013. You can trust the platform with your money and enjoy their features without any worries.

 Can US residents join ZB?

Yes, ZB is available for users living in the US. If you are from the US, register on the platform and get access to all of their services.

 How many cryptocurrencies are available at ZB?

There are more than 200 crypto assets available at ZB. Those assets include BTC, ETH, SOL, ALGO, SHIB, DOGE, and many other names that you might want to trade.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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