A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of ZB.com consists of four parts: general information, fees, deposit methods and security.
ZB.com is (really) a Chinese cryptocurrency exchange. One of many other exchanges from China that you might be interested in if this exchange is not to your liking is BTCTrade.im. However, as of today, it is registered in Samoa. It is the only exchange from the country of Samoa that we know of.
ZB.com does not explicitly state that US-investors are prohibited from trading. Accordingly, we do believe that US-investors can trade here.
ZB.com Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the somewhat limited trading view at ZB.com:
ZB.com Trading fees
This particular trading platform charges what we call “flat fees”, meaning that they don’t divide their trading fees between takers and makers. Both pay the same fees: 0.20%.
0.20% is in line with industry average (being approximately 0.25% per order).
ZB.com Withdrawal fees
This trading platform charges a withdrawal fee amounting to 0.001 when you withdraw BTC. This fee is slightly above the global industry average, sitting at 0.000812 BTC per BTC-withdrawal. Accordingly, the withdrawal fees are not particularly high here (but slightly on the high end).
The exchange offers wire transfer as a deposit method, but you can’t deposit via credit card.
The security score received by this cryptocurrency exchange site is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.
Low trading fees are indeed very important for any prospective cryptocurrency investor. All of the following exchanges also – like the above exchange – have very low trading fees (some of them don’t even charge trading fees at all):