ZB.com is a centralized cryptocurrency exchange (CEX). Founded in China, it offers a broad range of services, including the ZB.com spot and derivatives markets, as well as margin, leveraged, and bot trading for individual and institutional customers. The platform also offers lending and staking.
At the time of writing, the exchange is untracked, and transactions are suspended. You can find up-to-date information on the ZB.com trading pairs and activity status above.
Markets
The ZB.com spot and derivatives markets support crypto-crypto trading, including trading with stablecoins. Crypto-fiat trading is not enabled. However, fiat currencies can be used to purchase crypto assets. By default, all ZB.com crypto prices are presented in CNY.
The ZB.com network hosts its native token, ZB. Customers that hold ZB in their accounts are eligible for discounts based on their possessed ZB.com crypto price value. Institutional traders are eligible for custom exchange rates.
The four main markets on the spot market are Tether (USDT), Qcash (QC), Bitcoin (BTC), and USD Coin (USDC). The markets provide live data on the ZB.com volume, as well as a setting to pick favorite assets and trading pairs.
Margin trading is enabled on the platform. Customers can trade with up to 3x leverage. In 2021, ZB.com also launched grid trading. This allows traders to set up preferred manual trading settings or use the trading bot, which tracks market changes 24/7.
The ZB.com exchange fees use a multi-tier model. There are 10 VIP levels, going from VIP 0 to VIP 9. The user’s level is determined not by their ZB.com trade volume but by the amount of ZB tokens held in their account. USDC/QC and USDT/QC traders receive special fee rates.
At Level 0, spot traders pay a fixed fee of 0.20%. However, if they pay the ZB.com crypto fee using ZB tokens, the rate is discounted to 0.10%. VIP 1 users must purchase at least 100 ZB to pay 0.18%, or 0.09% if they pay using ZB.
VIP6 customers also qualify for the SVIP scheme. They pay 0.09% or 0.045% with the ZB discount. At VIP9/SVIP4, customers must buy at least 60,000 ZB within 30 days of the transaction. The ZB.com exchange fees at this level are 0.06% fixed or 0.03% with the ZB discount.
USDT futures is the main derivatives market on the ZB.com crypto exchange. Customers can trade perpetual futures contracts with up to 100x leverage.
The maker-taker model applies to the futures fees. At all VIP levels, the maker-taker fees are 0.050% and 0.075%, respectively. Neither the ZB.com trade volume nor the amount of ZB tokens held impact the futures rates. Custom rates can be arranged for trading teams.
There are no deposit fees. However, some cryptocurrencies have a fixed minimum ZB.com crypto price on deposits. The withdrawal fees and limits are asset specific. Limitations apply to both single and daily withdrawals on the ZB.com crypto exchange.
Other Services
ZB Loan is a digital currency lending service. Customers that borrow assets must pay ZB.com crypto fees. The hourly interest rate is calculated based on the borrowed amount.
The Rewards program enables ZB.com cryptocurrency exchange users to earn tokens by completing daily tasks. The platform also offers a Referral program that grants the referrers and referees USDT rewards.
ZB Vote for Listing is a system for ZB token holders. They can vote on new and upcoming blockchain projects and determine which assets should be listed on the ZB.com crypto exchange.
About the Company
The initial platform, CHBTC.com, was founded in 2013. In September 2017, following the implementation of restrictions on cryptocurrencies in China, the company left this market and was relaunched as the ZB.com crypto exchange in November.
The founder of the company is Jimmy Zhao. Its current headquarters are registered in Zurich, Switzerland.
In 2017, it was reported that the ZB.com cryptocurrency exchange accounted for more than half of all ETH trading volume worldwide.
In 2018, the platform expanded its services, adding margin and OTC trading, lending, and special member programs. In January 2019, it briefly became the biggest crypto exchange in the world, surpassing Binance. The 24-hour ZB.com volume was over $600 million on January 17.
In 2020, it became the third-largest crypto exchange in the world based on the cumulative volume of several ZB.com trading pairs. That same year, it was granted the PSA license exemption in Singapore, permitting it to operate in the country.
In August 2022, the ZB.com cryptocurrency exchange was affected by a large-scale attack. During the hack, nearly $5 million was stolen from the platform. The total stolen ZB.com crypto price originates from more than 20 different assets. Following the hack, the platform suspended all financial transactions.
Jimmy Zhao is the CEO of the ZB.com crypto exchange. He has an M.S. in Computer science from Uppsala University. Over the years, Zhao has founded numerous FinTech projects, including the Malta-based cryptocurrency exchange ZBX and the GameFi development company ChainxGame.
