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What is ZeroBank?
ZeroBank was founded in China as exchange platform, but later on it moved its headquarter to Hong-Kong. Since Hong-Kong is considered as more autonomous part of China it does not have to obey to all strict regulations of mainland China, and that was the main reason of moving. Today ZB is one of the biggest exchange platforms on daily transaction volume according to CoinMarketCap. It is one of the few Far East exchanges that operate globally and accept investors from US. Its services are offered in many different languages including English, Thai, Korean, Japanese, Chinese and Arabic languages. Platform provides much more other options giving it competitive advantage to exist in market. If you were looking for exchange platform read this short article till the end to find out if ZeroBank fits your criteria.
What can you trade on ZeroBank?
Despite being founded in 2017 it reached top 20 exchanges worldwide in daily transaction volumes. And one of the main reasons for its rapid growth is the feature giving users ability to trade coin to coin and coin to normal currency. Its web platform is rated very high in usability and design among both fresh comers and more experienced traders. Platform interface provides various technological advancements and trading tools. Platform supports more than 40 crypto coins but changes with adding or removing some coins. Also platform supports some rare and unique coins giving its users opportunity to earn more. ZB as a major player in cryptocurrency trade it allows its users to make transactions with other 4 major markets: Teher, ZB, Bitcoin and QCash.
What are the fees on ZeroBank?
Unlike many other exchange platforms ZeroBank does not take commission fee for depositing fund into users account. Their main revenue stream is from transaction charges where they take 0.2% for any token and if user has more than 100ZB coins on account trading ZB coin will be charged with 50% discount.Withdrawal fees may differ from coin to coin so users should have to check exact amount and percentage of withdrawal fee on platform, For now platform do not put any limit to transaction value so userc should trade as high as they can so it will be profitable with those rates.
ZeroBank security
Most of new exchange platform have had several security breaches in last years, however ZeroBank was not one them and did not had any security issues. Platform seems ready for any sort of infiltration, they took all necessary prevention steps. Offline cold wallets with multiple signature security levels are uset to store big junk of funds that can’t be reached remotely. Same preparations should be taken by each user too for their own sake, so when creating an account user should take a validation step to guaranty security. This step is done by submitting picture of government issued ID or any other official document like passport. That validation process may take period of few business days and it is normal in industry. Also it is recommended to users as always to fill 2 step verification with their phones although ZeroBank uses most advanced version of SSL technology for security.
Summary
Shortly; Even if ZeroBank is very young and new in the industry it found its audience and place in market and grew enormously in two years becoming one of the biggest and reliable players. Also since ZeroBank is located in China it accepts local currency Yuan which very rarely accepted fiat currency among exchanges. We hope that this ZeroBank evaluation was of usage. Feel free to to discuss topic in comments below or in the FAQ section for more insight before trading. Find out more about this cryptocurrency exchange and more here.
Amon Bitcoin Debit Card Review
The main problem that cryptocurrencies are facing in the path to be used by the majority as day to day currency is conversion in real time of tokens to normal money. It is a real dream for users to be able to pay with their tokens in daily transactions since it will liquify their token funds and make them more practically usable. Presenting Amon – an AI protocol powered crypto debit card exchange platform that makes all the mentioned before possible.
What tokens does Amon support?
Bitcoin, Ethereum, Litecoin, Bitcoin Cash, EOS, and Lumens are a few of the tokens that the app presents to cardholders. Nevertheless, in the preliminary beta variation that is being tested, users will have the ability to use it for Bitcoin, Litecoin, and Ethereum purchases. It’s essential to keep in mind that Amon’s own coin is called AMN.
AI-powered crypto card
Cardholders will be able to use and instantly transfer their funds in almost all of popular tokens like: BTC, ETH, LTC, BCH, EOS, AMN, and XLM. At the time technology is very new and it is being tested on major tokens like Bitcoin, Litecoin and Ethereum so for test period payment can be made only by those coins. Also it is important to mention that AMN is token created by same company managing Amon Card and industry is waiting to see much more featured coin.
Payments in real time
Real time payment feature makes possible to exchange users coins on best rate since it will instantly update information on coin value and will provide value calculation in real time. So the user who is paying on market with their crypto card may be sure that their exchange rates are converted in their best interest.
The Amon wallet
Amon has it is own crypto wallet, where users can make transactions using Visa or Mastercard since all transactions are secured and hack-proof. Also Amons payments are supported by the cyber security architecture of the SABSA.
What are the fees with Amon?
Amon earns similarly to other platforms and generates profit from commission fees, so their card and delivery is absolutely free for users. And if users will prefer to use AMN coins there are even more bonuses like decreased commission rate also a 0.5% cashback in AMN if monthly spending exceeds 100 coins.
Platform Review – Bits Blockchain
Bits Blockchain – Despite being very new exchange platform that was founded in 2017, Chinese Bits Blockchain attracted big user base all over the globe providing trade and transaction services. Also even if it is Chine based platform it welcomes all investors including investors from United States, so it may become you final destination if you are searching for platform to trade.
What is Bits Blockchain?
Platform is founded not in mainland China but in Macau where regulations differ, so it allows to platform to grow fast an enter top 30 exchange platforms on daily trading volume in such short time. It gained its users by accepting both coin and normal money trade, platform accepts USD and EUR making it much easier for people who are just starting trading.
What can you trade on Bits Blockchain?
Platform has its own token called ATM Coin, this token was created by managing company of Bits Blockchain. The estimated overall cash value of ATM will reach 2.3 billion USD if prices of tokens will rise to the 10 USD limit. Except its own token, platform also allows trading of many popular coins like Bitcoin and Ethereum and some altcoins like Ripple, Litecoin and Dogecoin.
How safe is Bits Blockchain?
Security is always the main point when subject is money transactions and even most advanced cryptocurrency platforms can nit guaranty you funds will be secure due to rising hacker attacks. So safety of users wallet is always up to them, users should consider to take all necessary steps to secure their accounts and play by rules of their exchange platforms. To create account on Bits Blockchain only email is needed however platform provides three step validation, which makes it more safer tham any two step verified platforms. Exchange platform provides a cryptowallet service so it is in users interest to use those multistep authentications.Bits Blockchain uses SSL approved website and its security rated by Mozila as D- which is average among exchanges and enough to be considered trustworthy, reliable and dependable.
What are the fees on Bits Blockchain?
As always in choosing trading platform to sell or buy cryptocurrencies the commission fees are one of the most important criteria to think about. The trade commission is charged on both seller and buyer on same rate of 0.5%, it involves both coin to coin and coin to money trade. Users of this platform should considers its benefits and compare it with other platforms since charges are higher that market average of 0.25%. On the other hand Bits Blockchain offers much attractive withdrawal rates of 0.005 ETH, 0.004 BTC, 1 percent ATMC and it is considered lower that market average and makes platform better compared to other exchanges.
How safe is Bits Blockchain?
TSecurity is always the main point when subject is money transactions and even most advanced cryptocurrency platforms can nit guaranty you funds will be secure due to rising hacker attacks. So safety of users wallet is always up to them, users should consider to take all necessary steps to secure their accounts and play by rules of their exchange platforms. To create account on Bits Blockchain only email is needed however platform provides three step validation, which makes it more safer tham any two step verified platforms. Exchange platform provides a cryptowallet service so it is in users interest to use those multistep authentications.Bits Blockchain uses SSL approved website and its security rated by Mozila as D- which is average among exchanges and enough to be considered trustworthy, reliable and dependable.
Platform Review – Bitstamp
Bitstamp had become one of the biggest crypto exchange platforms since 2011 when it was founded, by growing first domestically and to other regions. It has users all over the world who buy and sell different types of cryptocurrencies both with real money or coins.
Introduction to Bitstamp
Users need to open up an account on Bitstamp to be able to trade coins on the platform. To do that users have to follow to the main page of the platform and go to Produce section. Bitstamp requires two-step verification to ensure the security of accounts for all users. Similar to other significant exchange platforms Bitstamp validates each account and only after official verification user will be able to manage transactions.
One of the main reasons for the rapid growth of Bitstamp was the function of supporting real money and coins since it made all transactions much easier. The exchange platform accepts most popular currencies and supports most used coins like USD and EURO as well as Bitcoin, Ripple and Ethereum.
Depositing Options
Bitstamp makes everything to make entry to the platform as convenient as possible; it provides many different types of deposit methods. Namely, platform accepts debit and credit cards, bank and wire transfers as well as crypto coin transfers from different wallets.
Commissions on Bitstamp
Much like most of the other exchanges, Bitstamp produces its earnings from the fees it charges its consumers. The larger your trading volume is, the more you will save on paying fees. A few of the fees offered on this exchange include.
Bitstamps profit model is very similar to business models of other platforms; they generate revenue out of commission fees they charge users. As in classic commission system as larger your transactions as less you pay a fee. Platform charges fees on the following steps:
Trading Commissions
The platform allows transactions with the value of at least 5 USD. Users new to the platform or those who have low monthly transactions pay the highest percentage commission fee on a platform which is 0.25%. Commission fee does decrease with the increase in monthly trade value, and the least point is 0.1% for monthly transactions over 20 million USD.
Deposit and Withdrawal Commissions
Depositing on the platform starts at 7.5 USD and more. Users can deposit from a credit card with 5% commission fee and from wire deposit with 0.05% commission fee. If users deposit with coins or SEPA from any other wallet, they will not be charged any fee.
Withdrawals on platforms start with the least amount of 50 USD, and rate for withdrawal to the card is 10 USD for withdrawals under 1,000 USD and 2% for more than 1,000 USD. Other charged options are SEPA withdrawals with 0.9 EUR and for wire 0.09%. Similar to depositing cryptocurrency withdrawals to any other wallet are not charged.
Security Measures
Some countries like Canada and South Korea are trying to become the crypto capitals of the world by providing more secure crypto industry, similarly, most exchange platforms are following the same path. As mentioned before platform requires two-step validation and official approval of the platform to accept a new user. That makes Bitstamp one of the most reliable and secure platforms for coin transactions.
Review Recap
The exchange is among the most dependable cryptocurrency exchanges, especially amongst experienced crypto traders. Provided the widespread availability of the exchange internationally, it assists in the trading of various coins in lots of areas. When you wish to handle an exchange that has been around for long and has preserved great credibility, you must go no even more.
Shortly if you are looking for a trust-worthy, reliable platform with lots of different coins, look no more because Bitstamp is one of the oldest platforms with huge international user base giving a very wide range of traded coin types. Also, this platform is preferred by more experienced professional traders with big transaction values.