ZB

ZB Exchange Review

Centralized
Official platform
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ZB Exchange Rating Analysis

  • ZB is a Chinese-oriented exchange, catering almost exclusively to Chinese audiences and not investing much into making itself accessible to western audiences. Even though ZB Group, the exchange's operator claims it has been founded in 2012, all sources point to the exchange having been established late 2017. Since then, it has climbed volume rankings across the market - mostly in CoinMarketCap - exponentially. This is probably due to the very large amount of wash trading allegedly happening on the exchange - with or without their cooperation, we have no way of knowing. It is important to note that this review and analysis is conducted from a western perspective, since Cointelligence is set on delivering its mostly western audience the clearest picture we can, and so this is our perspective.

    User-Experience wise, ZB comes right off the bat as a very buggy exchange: upon sing-up, the system asks for an email address to send a confirmation code to. Unfortunately, the code never arrived, even after multiple attempts, and we had to hope it will arrive sometime at a later date, and it finally did, after a prolonged period of time. When finally gaining access to the site, an English-only speaker is presented with a very confusing site, complete with unintelligible sections which come with no explanations or tutorials. Much of the text is in Chinese even when it should be translated. The one redeeming feature of the user experience at ZB is their customer support: upon submitting a ticket in English we have received a detailed answer within the hour. Note the online chat does not support English speakers.

    Performance at ZB is poor; its platform is obviously an off-the-shelf product designed to be plug-and-play compatible with the most basic exchanges, and many of its trading interfaces are missing central components such as price charts. It also doesn't help that ZB's base fee is 0.2%, twice the industry's competitive standard of 0.1%

    Features on the platform are seemingly plentiful on a first glance: they offer margin trading, a mobile app and C2C trading (supposedly customer-customer direct crypto buying and selling) although upon attempting to use these features we encountered interfaces incredibly hard to understand with lacking documentation. Again, since we believe most users of ZB originate from China, these users might feel more at home in ZB's environment rather than exchanges western audiences got used to, but to us those features were borderline unusable. Additionally, ZB lists 80 coins available to trade, which is not a small amount but demand for coin variation at these type of platforms is for a much higher number.

    ZB's Team is hard to find, although a handful of member profiles are available on LinkedIn. These individuals appear professional with extensive career experience, and we were impressed with their accomplishments. Unfortunately, the number of team members is small, and we believe ZB does not do a good job of making the team's info available to its user base.

    On the Social front ZB is actually doing surprisingly well: its Telegram channel has admins who help users and conversations are more value-bearing than most exchange channels, its twitter account is active although there is little to no community engagement with it and they have quite an impressive presence in their Asian-oriented outlets.

    On matters of trust, we have a very hard time giving ours to ZB. Firstly, after direct contact with the exchange, we have confirmed they in fact do not keep user funds in cold storage at all - all wallets are connected to the internet at all times, posing significant risk to user funds. ZB was not yet hacked, probably due to minimal interest from hackers more than a robust security on the exchange's side - since hackers are aware that most of the volume reported by ZB is most likely fake and orchestrated. ZB also is missing some important security features such as address withdrawal whitelisting. Finally, the regulatory outlook of ZB seems a bit uncertain: some sources claim it is registered in Samoa and operated from Hong Kong, which poses some regulatory threat since regulations regarding cryptocurrency in these jurisdictions are not yet cemented and are in high risk of changing in the next few years.

    To conclude, ZB has attracted the public attention after climbing volume rankings, allegedly wrongly, since many industry player s claim most if not all of their reported volume is fake, and the exchange is home to a mostly Chinese user base. Western users will encounter great difficulties using the exchange, and combined with low scores across the board, we would advise anyone to find an alternative and refrain from trusting the exchange with their funds.

    ZB Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      73,512.941 BTC

      • ZB Total Trading Pairs

        144

        • ZB Margin Trading

          Yes

          • ZB Deposit fees

            Free

            • ZB Trading fees

              Transaction fees vary. For full list see here.

              • ZB Fiat Deposit

                No

                • Accepted Payment Method

                  N/A

                  • ZB Native token

                    Yes

                    • Native token smart contract

                      N/A

                      • ZB Trading Markets
                        • ZB Stablecoins trading

                          ZB Markets Data

                          Market Price Volume(24h)
                          1ST/QC QC 0.4561 1ST 57,563.6
                          1ST/USDT ₮ 0.07208 1ST 30,757.8
                          ADA/BTC Ƀ 0.00000518 ADA 872,594.7
                          ADA/QC QC 0.3079 ADA 7,706,564.3
                          ADA/USDT ₮ 0.04478 ADA 4,173,476.1
                          AE/BTC Ƀ 0.00001876 AE 0
                          AE/QC QC 1.13 AE 1,706,611.9
                          B91/USDT ₮ 0.03990 B91 0
                          BAT/BTC Ƀ 0.00002469 BAT 0
                          BAT/QC QC 1.44 BAT 12,996.3
                          BAT/USDT ₮ 0.2142 BAT 68.60
                          BCD/QC QC 21.50 BCD 3,254.75
                          BCD/USDT ₮ 2.13 BCD 4.76
                          BCH/USDT ₮ 342.22 BCH 132.39
                          BITCNY/QC QC 0.5826 BITCNY 101.42
                          BRC/BTC Ƀ 0.0001761 BRC 0
                          BRC/QC QC 10.50 BRC 11,937.9
                          BRC/USDT ₮ 1.49 BRC 42.60
                          BSV/QC QC 1,985.19 BSV 2,640.50
                          BSV/USDT ₮ 288.62 BSV 154.65
                          BTC/QC QC 59,187.4 Ƀ 5,147.43
                          BTC/USDT ₮ 8,600.44 Ƀ 16,107.2
                          BTM/BTC Ƀ 0.00000898 BTM 0
                          BTM/QC QC 0.5366 BTM 448,715.9
                          BTM/USDT ₮ 0.08667 BTM 40,006.8
                          BTN/USDT ₮ 0.007690 BTN 0
                          BTS/BTC Ƀ 0.00000220 BTS 295,894.7
                          BTS/QC QC 0.1296 BTS 70,694,691.2
                          BTS/USDT ₮ 0.01890 BTS 2,677,599.4
                          CHAT/USDT ₮ 0.001200 CHAT 0
                          DASH/BTC Ƀ 0.01210 DASH 968.51
                          DASH/QC QC 717.23 DASH 35,414.0
                          DASH/USDT ₮ 104.20 DASH 48,303.0
                          DOGE/BTC Ƀ 0.00000028 DOGE 3,319,462.0
                          DOGE/QC QC 0.01602 DOGE 8,337,210.0
                          DOGE/USDT ₮ 0.002354 DOGE 65,497,763.0
                          EDO/USDT ₮ 0.2000 EDO 0.1100
                          EOS/BTC Ƀ 0.0004185 EOS 266,877.8
                          EOS/QC QC 24.66 EOS 5,953,152.2
                          EOS/USDT ₮ 3.58 EOS 15,188,524.8
                          EOSDAC/QC QC 0.1640 EOSDAC 28,490.9
                          EOSDAC/USDT ₮ 0.02229 EOSDAC 0
                          ETC/BTC Ƀ 0.001035 ETC 13,662.1
                          ETC/QC QC 61.35 ETC 377,816.9
                          ETC/USDT ₮ 8.92 ETC 7,244,630.3
                          ETH/BTC Ƀ 0.01922 Ξ 8,145.51
                          ETH/QC QC 1,137.20 Ξ 67,842.2
                          ETH/USDT ₮ 165.21 Ξ 277,954.3
                          ETZ/USDT ₮ 0.01050 ETZ 441,969.3
                          FN/QC QC 2.09 FN 128,374.4
                          GNT/BTC Ƀ 0.00000361 GNT 971.60
                          GNT/QC QC 0.2778 GNT 265,934.0
                          GNT/USDT ₮ 0.04424 GNT 12,308,579.7
                          GRIN/QC QC 7.31 GRIN 21,654.4
                          GRIN/USDT ₮ 1.04 GRIN 120.93
                          HC/BTC Ƀ 0.0001646 HC 88,743.4
                          HC/QC QC 9.71 HC 2,141,123.1
                          HC/USDT ₮ 1.42 HC 217,849.6
                          HLC/QC QC 0.02129 HLC 58,802.1
                          HLC/USDT ₮ 0.004000 HLC 7.20
                          HSR/BTC Ƀ 0.0001646 HSR 88,743.4
                          HSR/QC QC 9.71 HSR 2,149,992.1
                          HSR/USDT ₮ 1.42 HSR 215,335.1
                          ICX/BTC Ƀ 0.00001778 ICX 0
                          ICX/QC QC 1.05 ICX 72,979.1
                          ICX/USDT ₮ 0.1475 ICX 1,133,085.9
                          INK/QC QC 0.01371 INK 79,961.0
                          INK/USDT ₮ 0.001890 INK 0
                          KAN/BTC Ƀ 0.00000025 KAN 2,846,003.0
                          KAN/QC QC 0.01492 KAN 1,799,910.0
                          KNC/QC QC 1.69 KNC 183.05
                          KNC/USDT ₮ 0.2750 KNC 0
                          LEO/USDT ₮ 0.8429 LEO 0
                          LTBTC/BTC Ƀ 0.0002976 LTBTC 873.00
                          LTBTC/QC QC 20.03 LTBTC 27,115.0
                          LTBTC/USDT ₮ 2.90 LTBTC 10.34
                          LTC/BTC Ƀ 0.006621 Ł 6,803.92
                          LTC/QC QC 392.10 Ł 24,052.7
                          LTC/USDT ₮ 57.05 Ł 448,657.3
                          MANA/BTC Ƀ 0.00000396 MANA 0
                          MANA/QC QC 0.2278 MANA 996.50
                          MANA/USDT ₮ 0.02121 MANA 0
                          MCO/QC QC 31.65 MCO 0
                          MCO/USDT ₮ 6.07 MCO 0
                          MITH/QC QC 0.05400 MITH 264,489.7
                          MTL/USDT ₮ 0.2710 MTL 34.08
                          NEO/BTC Ƀ 0.001276 NEO 6,459.44
                          NEO/QC QC 75.50 NEO 31,486.8
                          NEO/USDT ₮ 10.98 NEO 1,967,651.3
                          OMG/BTC Ƀ 0.00009419 OMG 26,201,065.7
                          OMG/QC QC 5.56 OMG 57,953.8
                          OMG/USDT ₮ 0.8085 OMG 91,332.9
                          PAX/QC QC 6.91 PAX 6,614,442.4
                          PAX/USDT ₮ 1.00 PAX 26,195,118.3
                          QTUM/BTC Ƀ 0.0002247 QTUM 24,716.6
                          QTUM/QC QC 13.33 QTUM 598,171.5
                          QTUM/USDT ₮ 1.94 QTUM 1,471,920.2
                          QUN/QC QC 0.03555 QUN 1,087.20
                          QUN/USDT ₮ 0.006341 QUN 0.6000
                          RCN/USDT ₮ 0.03200 RCN 998.00
                          SBTC/USDT ₮ 6.50 SBTC 4.86
                          SLT/BTC Ƀ 0.00000015 SLT 0
                          SLT/QC QC 0.01040 SLT 182,829.4
                          SLT/USDT ₮ 0.002100 SLT 0
                          SNT/BTC Ƀ 0.00000118 SNT 4.70
                          SNT/QC QC 0.07310 SNT 669,448.5
                          SNT/USDT ₮ 0.01040 SNT 11,648,550.9
                          SUB/QC QC 0.03030 SUB 28,614.8
                          TOPC/QC QC 0.04784 TOPC 1,872,867.2
                          TOPC/USDT ₮ 0.006894 TOPC 855.80
                          TRUE/BTC Ƀ 0.00003009 TRUE 6.02
                          TRUE/QC QC 1.80 TRUE 188,911.2
                          TRUE/USDT ₮ 0.2698 TRUE 536.79
                          TRX/BTC Ƀ 0.00000198 TRX 426,379.5
                          TRX/QC QC 0.1168 TRX 1,770,356.1
                          TRX/USDT ₮ 0.01700 TRX 456,135.7
                          TSR/USDT ₮ 0.04118 TSR 48,257.8
                          TUSD/USDT ₮ 1.00 TUSD 0
                          UBTC/QC QC 11.66 UBTC 20,744.7
                          UBTC/USDT ₮ 1.45 UBTC 687.67
                          USDT/QC QC 6.88 ₮ 13,766,094.9
                          VSYS/BTC Ƀ 0.00000367 VSYS 3,617,169.2
                          VSYS/QC QC 0.2163 VSYS 3,890,108.6
                          VSYS/ZB ZB 0.1485 VSYS 0
                          XEM/BTC Ƀ 0.00000459 XEM 8,990.20
                          XEM/QC QC 0.2927 XEM 253,173.5
                          XEM/USDT ₮ 0.04245 XEM 438,195,102.3
                          XLM/BTC Ƀ 0.00000717 XLM 24,807.9
                          XLM/QC QC 0.4112 XLM 2,937,198.4
                          XLM/USDT ₮ 0.05960 XLM 13,171,297.0
                          XMR/USDT ₮ 63.76 XMR 1.03
                          XRP/BTC Ƀ 0.00002696 XRP 4,501,526.0
                          XRP/QC QC 1.60 XRP 139,848,029.0
                          XRP/USDT ₮ 0.2319 XRP 49,872,521.0
                          XTZ/USDT ₮ 0.9004 XTZ 0.004000
                          XUC/QC QC 9.00 XUC 0.4910
                          XWC/QC QC 0.05550 XWC 177,161.3
                          XWC/USDT ₮ 0.01300 XWC 0
                          ZB/BTC Ƀ 0.00002683 ZB 127,230,445.7
                          ZB/QC QC 1.57 ZB 4,264,658.5
                          ZB/USDT ₮ 0.2282 ZB 115,361,154.5
                          ZRX/BTC Ƀ 0.00002593 ZRX 0
                          ZRX/QC QC 1.63 ZRX 8,092.40
                          ZRX/USDT ₮ 0.2578 ZRX 0

                          ZB Withdrawals

                          • Daily Withdrawal Limit

                            depends on currency

                            • ZB Withdraw fees

                              Full list of withdrawal fees see here.

                              • ZB Withdraw fees discount

                                Users have 100 ZB tokens in their account, use ZB tokens to pay for transaction fees will have 50% off.

                                • Proof of Reserves

                                  N/A

                                  ZB Overview

                                  • ZB, short for ZB.com, is a cryptocurrency exchange / digital asset exchange that was launched during the 2017 crypto bull market. A ZB exchange review reveals that it is registered in the island state of Samoa with a primary focus on the Chinese market. Being registered in Samoa, makes it possible for them to do business internationally.

                                    ZB serves the crypto community via no less than 89 active markets and offers various currency pairs. A ZB exchange review reveals that it is one of the top 20 cryptocurrency exchanges as measured by adjusted volume.

                                    ZB has its own native digital token, namely ZB (Ticker symbol: ZB). The ZB token can for one be used to quality for a discount on transactions fees at the ZB exchange. It is an ERC20 token that has a total supply of 2.1 billion tokens. About 400 million ZB tokens is allocated to a “ZB User Protection Fund” – a fund designed to help protect the assets and profits of users.

                                    ZB also offers spot trading, margin trading as well as Over-the-counter (OTC) trading. A ZB exchange review also shows that they seem to offer crypto lending of some sort. This while they also support or offer a way to vote for EOS block producers.

                                    They also offer a global partner program, where those who help to attract referrals, receive a percentage of the transaction fees paid by referrals. The more referrals someone refers, the higher the percentage or potential reward. They seem to offer a market maker program as well with favorable fees for market makers.

                                    The ZB website is available in various languages, including English and Chinese.

                                    ZB Exchange Additional Information