ZB

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ZB is a Chinese cryptocurrency exchange launched in November 2017. The trading platform is registered in Samoa, so the platform can provide services to traders from different countries.

Registration[edit]

To open an account, users need to fill out a small form. Enter an e-mail, create a password, and the referral ID if possible. After that, read and agree to the terms of the public offer (which is presented in English). Next, the user needs to wait for the letter that will come to the specified email address, and then confirm the registration.

Trading[edit]

In total, there are several dozens of crypto currency pairs available. Trade is conducted only in digital coins, the Chinese yuan is not supported, it is only used to display the trading volumes. There are two platforms for transactions. The first, simple version, allows users to place an order to buy/sell or make a deal at the market price. The user sees the current orders and can briefly assess the benefit of the transaction. The second version of the platform is advanced, and is suitable for experienced traders. Here, for the analysis, a chart of the price of each of the assets is provided, as well as various elements of technical analysis: indicators, lines and other graphical constructions.

The creators of the crypto exchange service clearly intended to implement the possibility of trading with leverage (there is a corresponding button in the top menu), however, at the moment this function is not available.

Fees[edit]

Trading commissions are low: from 0.2% for transactions with the minimum volume of the most low-liquid instruments. For market makers, a reduced fee is provided, up to zero.

Users can make the first deposit without any commission, and start trading. There are no restrictions on the minimum deposit on the site, so users can start trading at least with the amount equivalent to $5-10. The withdrawal fee is 0.0001 BTC; 0.005 LTC; 0.01 ETH.

See Also on BitcoinWiki[edit]