Zaif Exchange Review: It Is Legit & Secure Exchange

0
508
Zaif Exchange Review: It Is Legit & Secure Exchange

About Zaif Exchange

The Zaif Exchange cryptocurrency trade is one of the oldest and maximum relied on and revered Bitcoin exchanges in Japan. The Zaif trade has been efficiently in operation in view that earlier than the Japanese cryptocurrency regulators laid out the framework for exchanges like these. Therefore, Zaif helped to pave the manner for cryptocurrency law in Japan and additionally have become the primary certified cryptocurrency trade with the aid of using the Japanese Financial Services Agency (JFSA).

The Zaif trade is owned and operated with the aid of using Tech Bureau and become hooked up in June of 2014. Zaif is primarily based totally out of Japan with their headquarters positioned at Orix Honmachi Building 4F, 1-4-1 Nishihonmachi Nishi-ku, Osaka-shi, Osaka Japan.

Basic Information

ExchangeDetails
Exchange NameZaif
Exchange TypeCryptocurrency
Withdraw Fee0.0001
Deposit FeeFree
Maker Fee0.00%
Taker Fee0.10%
Maker Fee24/7
Top CountryIndia
WebsiteHomepage

How To Sign Up & Start Trading

You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

Zaif Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade. The maker thus “makes” the order being executed. The other party is the taker, who places the order that matches (or “takes”) the maker’s order. The maker-taker model normally encourages market liquidity by rewarding the makers of that liquidity with a fee discount.

Zaif’s trading fees for takers are 0.10%. This fee is a bit below the global industry average. The global industry average is arguably around 0.25%, although we are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead.

But the taker fees are not even this platform’s strongest edge. At the Zaif-exchange, makers don’t pay any fees at all (0.00%). Naturally, this is a great deal for the makers in the trades at this exchange.

Zaif Withdrawal fees

Zaif charges a withdrawal fee amounting to 0.0001 when you withdraw BTC (in normal speed). This fee is far below the industry average. You can also increase the speed of the withdrawal by paying a higher fee, all the way up to 0.01 BTC. 

Deposit Methods

At this exchange, you can deposit through both wire transfer and credit cards. This can be helpful especially for newer crypto investors.

Useful features for trading are enriched!

High funcitonal chart

You can see details in the chart, such as Bollinger band.

API

With Zaif Exchange API, you can get opened information of the exchange, and trade from an external program.

2FA

Besides a login password, you can use 2FA to make sure that trading and account information are secure

Margin trading

Please stop and resume now

Notification

You can use the notification, which notify when a price is what you set, or when an order is complete.

Zaif Coin Reserve

We’re sorry, but this service is currently suspended.The resumption of this service is currently pending. An announcement will be made before the service is restarted.

Zaif Affiliate Program

Let’s receive reward by introducing Zaif to your friends on Blog or Social media!