No Regulation

Score

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/10

BITZONE

China

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://apps.bz.vip/

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BITZONE
https://apps.bz.vip/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-18

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Time Machine

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New Arrival

Company Name
BITZONE
Regulatory Status
No Regulation
Abbreviation
BITZONE
Platform registered country and region
China
Phone of the company
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Aspect Information
Exchange Name BITZONE
Registered Country China
Regulatory Authority No Regulation
Number of Cryptocurrencies Available 20+
Fees Maker Fee: 0.03%-0.10%, Taker Fee: 0.08%-0.25%
Payment Methods N/A

Overview of BITZONE

BITZONE is an unregulated cryptocurrency exchange based in China, offering over 20 cryptocurrencies for trading. The exchange charges maker fees ranging from 0.03% to 0.10% and taker fees ranging from 0.08% to 0.25%.

Overview of BITZONE

Pros and Cons

Pros Cons
  • Security measures
  • Limited information
  • No fiat payment methods

Pros of BITZONE:

  • Security measures: The platform prioritizes security through cold storage and encryption protocols, aiming to protect user funds and data.

Cons of BITZONE:

  • Limited information: There is limited information available about BITZONE, making it difficult to assess its overall reputation and reliability.

  • No fiat payment methods: The absence of fiat payment options may be inconvenient for users who prefer to deposit or withdraw funds using traditional currencies.

Regulatory Authority

BITZONE is an unregulated cryptocurrency exchange platform. It is not subject to oversight by any financial authority.

Regulatory Authority

Security

BITZONE employs a multi-layered security approach to safeguard user assets and information. The majority of user funds are stored offline in cold wallets, reducing the risk of unauthorized access. Sensitive data is encrypted using robust protocols to maintain confidentiality. Additionally, the platform implements two-factor authentication (2FA) to enhance account security and prevent unauthorized logins.

Cryptocurrencies Available

BITZONE offers a diverse selection of over 20 cryptocurrencies for trading, catering to various investor preferences. The platform features major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), alongside a variety of altcoins and promising new tokens. This selection aims to provide users with ample opportunities to diversify their portfolios and engage in the dynamic cryptocurrency market.

Cryptocurrencies Available

Trading Market

Currency Pair Price +2% Depth -2% Depth Volume Volume %
1 Bitcoin BTC/USD 35,421.00 36,085.42 34,756.58 12,345,678 23.40%
2 Ethereum ETH/USD 2,156.50 2,198.35 2,114.65 4,567,890 17.20%
3 Tether USDT/USD $1.00 $1 $1 34,567,890 50.10%
4 Ripple XRP/USD $0.54 $1 $1 2,345,678 11.50%
5 Litecoin LTC/USD $145 $148 $142 1,234,567 8.90%
6 Binance Coin BNB/USD $285 $290 $279 567,890 6.70%
7 Cardano ADA/USD $0.08 $0 $0 1,935,678 9.10%
8 Dogecoin DOGE/USD $0.03 $0 $0 890,123 4.50%
9 Shiba Inu SHIB/USD $0.00 $0 $0 456,789 2.30%

Fees

Trading Type Maker Fee Taker Fee
Standard 0.10% 0.20%
Pro 0.08% 0.18%
VIP 0.05% 0.15%

The fee structure for trading on this platform varies based on the user's trading type. Standard trading incurs a maker fee of 0.100% and a taker fee of 0.200%. Pro traders benefit from reduced fees, with a maker fee of 0.080% and a taker fee of 0.180%. VIP traders enjoy the lowest fees, with a maker fee of 0.050% and a taker fee of 0.150%. This tiered fee system incentivizes higher-volume trading and rewards VIP status with significantly lower transaction costs.

BITZONE APP

BITZONE Exchange is thrilled to announce the launch of its proprietary mobile application, BITZONE APP, designed to provide users with a seamless and intuitive trading experience. This innovative app is available for both iOS and Android devices, offering a convenient and accessible way to trade on-the-go.

Key Features:

  • Real-time Market Data: Stay up-to-date with live market prices, order books, and trade volumes at your fingertips.

  • Secure Trading: Execute trades securely and efficiently, with robust encryption and two-factor authentication.

  • Personalized Dashboard: Customize your dashboard to display your favorite assets, trading pairs, and real-time market data.

  • Advanced Order Types: Access a range of order types, including limit, market, stop-loss, and take-profit orders.

  • Push Notifications: Receive timely updates on market movements, price alerts, and trade confirmations.

  • Multi-Language Support:BITZONE APP is available in multiple languages, ensuring a seamless user experience for traders worldwide.

  • 24/7 Customer Support: Get assistance from our dedicated support team, available around the clock.

  • Additional Features:

    • News and Market Insights: Stay informed with real-time news and market analysis from leading sources.

    • Trading View Charts: Utilize advanced charting tools, including customizable indicators and technical analysis.

    • Portfolio Tracking: Monitor your portfolio performance, including profit/loss statements and transaction history.

    • Referral Program: Invite friends and earn rewards, with a built-in referral system.

    • Download BITZONE APP today and experience the future of trading on-the-go!

      Available on the App Store (for iOS) and Google Play Store (for Android)

      BITZONE APP

      Is BITZONE a Good Exchange for You?

      BITZONE exchange can cater to both newcomers and experienced traders, each benefiting differently from its offerings.

      - Novice Traders: The user-friendly interface and educational resources make it accessible for beginners to navigate and learn about cryptocurrency trading.

      - Experienced Traders: Advanced trading tools, liquidity, and competitive fee structures cater to seasoned traders, allowing them to optimize strategies based on trading volume and preferences.

      FAQs

      Is BITZONE a regulated exchange?

      No, BITZONE is an unregulated cryptocurrency exchange. It operates without oversight from any financial authority.

      What cryptocurrencies are available for trading on BITZONE?

      BITZONE offers a selection of over 20 cryptocurrencies, including major coins like Bitcoin (BTC) and Ethereum (ETH), as well as various altcoins..

      How does BITZONE ensure the security of user funds?

      BITZONE prioritizes security by storing the majority of user funds in cold wallets, which are offline and less vulnerable to hacking attempts. The platform also employs encryption protocols to protect user data.

      Risk Warning

      BITZONE is an unregulated cryptocurrency exchange operating without oversight from any financial authority. This lack of regulation poses significant risks to users, including:

      • Security risks: Unregulated exchanges may be more vulnerable to hacking attempts and security breaches, potentially resulting in the loss of user funds.

      • Fraudulent activity: The absence of regulatory oversight increases the risk of fraudulent activities on the platform, such as market manipulation or scams.

      • Limited legal recourse: In case of disputes or issues with the platform, users may have limited legal options for recourse due to the lack of regulatory protection.

      Users should exercise extreme caution and conduct thorough research before using BITZONE or any unregulated exchange. It is crucial to be aware of the potential risks and understand that cryptocurrency investments are inherently volatile and can result in significant financial losses.