ZB.com: how to use, register, deposit and withdraw funds
There is almost no possibility of buying cryptocurrencies for ruble pairs in P2P.
Availability of its own ZB token; Support for the Russian language; Small commission; Good security system; Intuitive interface; Many currency pairs; It is possible to conduct margin and futures trading; Convenient mobile application for Android and iOS
ZB.com is a digital asset exchange that has been in operation since 2013. Since their debut year, they have amassed over 15 million users worldwide and list over 300+ cryptocurrencies on their platform.
Having started in the crypto space over 9 years ago, ZB is one of the most long-established and experienced crypto exchanges.
The ZB Exchange supports 10 fiat currencies for crypto purchases, and averages over $1.5 billion in trading volume according to CoinMarketCap.According to TokenInsight's research, the trading volume of multiple crypto trading pairs such as BTC/USDT, ETC/USDT, EOS/USDT and ETH/USDT on the ZB crypto exchange ranked among the top three in the world.
About ZB.com
ZB.com was founded in 2013, initially operating in Asia. ZB has operation offices in Dubai, Malaysia, Australia, Singapore, Hong Kong, Russia, South Korea, Switzerland and the United States. As of 2022, ZB has expanded its presence to include many parts of Asia Pacific, along with the Middle East.
ZB.com facilitates Spot, Margin and Futures trading, offers automated trading strategies via its trading bot tool, and also allows traders to stake, save and loan their cryptocurrencies. Traders are able to buy crypto using their credit/debit card, via direct bank transfer, or by the fee-free P2P trading platform.
ZB’s Features
Buying and selling crypto - Traders on ZB can buy and sell cryptocurrencies using multiple methods. They can buy crypto using their debit/credit card, and ZB has a handful of payment gateways that offer competitive rates to traders and support multiple fiat currencies to complete transactions. Traders can buy crypto via the bank transfer method, which is a new addition to the ZB platform.
P2P trading between users on its platform, providing buyers and sellers a fee-free platform to trade their crypto with each other. By fee-free, the platform does not charge a user to post a buy or sell advert.
Other trade types may carry transaction fees; they can be reviewed below:
Trading methods
Trading methods - ZB has many trading options available to its users, including the usual options of Spot, Margin and Futures trading. ZB’s Futures trading pair options appear to be growing too, with more pairings introduced on a weekly basis recently.
Users looking to Spot trade can choose from dozens of trading pairs, and have the option of creating both Limit Orders and Plan Orders. They can also use Grid Trading, another term employed to the ZB Trading Bot that automates trading based on pre-set conditions determined by the user.
ZB Pro App
ZB Pro App - As well as its desktop trading platform, ZB also has its own app called ZB Pro. ZB Pro is a more streamlined experience than the ZB.com desktop platform, however it actually has more features than its desktop counterpart.
Users are able to trade via all of the methods available on ZB.com, whilst also being able to access an in-app ‘hotchat’ function which allows fellow traders to communicate with each other, whilst backed by ZB’s security layers.
On ZB Pro, users can send a ‘Red Packet’ to one another, which is a form of gift in the Asian crypto community. The function allows traders to give crypto rewards to their friends, and it is a function that is sometimes used by ZB to give airdrop rewards to its users.
Help Center
Help Center - ZB has a Help Center as part of its desktop platform that provides users with a detailed overview of the different trading functions on its platform. This lowers the barriers to entry for traders, as it provides knowledge of the industry to users regardless of their skill set or expertise.
The Help Center can be accessed at the bottom of the main landing page of ZB.com. The Help Center covers many of the functions available on ZB.com and ZB Pro, whilst also giving an overview of how to trade Spot, Margin and Futures.
ZB Partner Program
trade Spot, Margin and Futures.
ZB Partner Program - ZB offers a reward program to users that successfully refer other users to their platform. Every user on ZB can generate their own unique referral code, share it with new users that register using the referral code, and every time that new user trades on ZB the referrer will earn commission based on the volume of the new user’s trades.
ZB also actively seeks to recruit KOLs and industry leaders on a partnership basis, based on the same conditions outlined above.
ZB Token
The ZB Token - ZB.com has its own cryptocurrency token called the ZB Token. The ZB Token is tradeable on ZB.com, as well as many other major cryptocurrency exchange platforms. As of June 2022, the ZB token is trading close to $0.10. It once traded as high as $0.62 in April 2021.
Using ZB
Opening a ZB Account - Traders are able to open an account with ZB on both their desktop platform and via the ZB Pro application. On the ZB.com desktop platform, an account can be created by selecting the ‘Sign Up’ button. Users can sign up using either an email address or a mobile phone number.
On the ZB Pro app, users are required to sign up before they can access the main interface of the app. Again, they are able to sign up using either an email address or a mobile phone number.
One of the crucial elements of opening a ZB account is the requirement to complete two-factor authentication. This will mean users must complete facial verification - this can only be completed via the ZB Pro app.
Depositing Funds - Depositing funds to a ZB account can be completed via three methods - by purchasing crypto using a debit or credit card, via bank transfer, or by directly trading with other ZB users by P2P trading.
ZB Security
ZB Security - ZB applies a minimum two-factor authentication for all users on the ZB.com platform. Users must verify their email address/mobile number to access the platform, and will be prompted to enter a login code whenever they log in. Alternatively, Face ID login is available to ZB Pro users, combining the security of Apple/Android products with ZB’s security levels.
On the ZB Pro app, users are able to add multiple layers of security to their account in the ‘Security’ section. Here, traders can add email verification, phone verification, Google authentication and a transaction password. They can also alter settings for completing transactions and withdrawing funds, so that further verification levels are required.
ZB is often quick to highlight its security record, which is believed to be exemplary amongst cryptocurrency exchanges globally. Since 2013, ZB reports that there has never been a single security incident involving the assets of its users.
ZB Customer Support - ZB has a live customer support chat feature that gives users access to a ZB representative 24/7. This feature can be accessed via the ZB Pro app, but not via the ZB.com desktop platform, owing to its ‘instant messaging’ interface.
ZB Customer Support also has an email address, support@zb.com, that is available at any time.
P2P Trading
P2P Trading - On ZB, you can trade with other users via the platform’s P2P trading platform. To advertise, you must first become an ‘Ordinary Merchant’, which involves completing levels of account
authentication and a minimum amount of buying and selling orders. You are still able to trade with an existing advert regardless of your merchant status.
There is also the option to become a ‘Certified Merchant’, which involves meeting all the criteria of an Ordinary Merchant and some extra criteria. Traders have the option to filter through merchants so that only Certified Merchants are shown on their merchant list.
As an Ordinary and a Certified Merchant, ZB offers 0 transaction fees, 0 advertising fees, and 24/7 customer support. Certified Merchants also get priority ranking on buy and sell lists, so their adverts are more visible to traders.
Rewards Center - ZB has a Rewards Center, where traders can complete tasks to earn rewards which are typically in the form of Futures trading coupons. They run special, time-limited rewards frequently, whereas they offer a simulation coupon that is similar to their ZB Partner Program offering - invite users to ZB and earn a coupon that can be used for real trades.
Saving, Staking & Loaning - There are investment opportunities available on the ZB platform in the form of saving, staking and loaning.
For Saving, users have the option to deposit funds into cryptocurrencies with the aim of earning interest over time. There is a similar option for Staking, and it is also possible to loan digital assets via the Loaning option.
Summary - ZB is an experienced name in the crypto industry, and has a product that supports every core function of a cryptocurrency exchange. Its extensive industry history makes it appealing to any traders that seek quality assurances and inbuilt stability from a trading platform.