The Virgin Islands
|5-10 years
Suspicious Regulatory License|
Medium potential risk
https://zignaly.com/#crypto-trading-bot
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Netherlands 3.41
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It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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7 Days
Aspect | Information |
---|---|
Company Name | Zignaly |
Registered Country/Area | The Virgin Islands |
Founded Year | 2018 |
Regulatory Authority | Unregulated |
Number of Cryptocurrencies Available | 5+ |
Fees | No Fees |
Payment Methods | Paypal, Coins |
Customer Support | Tutorials, Articles, Webinars, How-To Guides. |
Zignaly is a virtual currency exchange company that was founded in 2018. It operates in the virgin islands and is unregulated. The company offers an more than five major cryptocurrencies available for trading. The exchange does not charge fees for trading and traders can use paypal or coins for payment. Overall, Zignaly provides a platform for virtual currency exchange that could benefit crypto traders' investment.
Pros | Cons |
---|---|
No minimum investment | Lack of regulation |
No monthly fees | |
Withdraw anytime |
Some general security measures that traders should be aware of are:
1. Two-factor authentication (2FA): Enable 2FA whenever possible to add an extra layer of security to your account.
2. Cold storage: Look for exchanges that utilize cold storage to store the majority of user funds offline. This helps protect against potential hacking attempts.
3. Encryption: Ensure that the exchange uses encryption protocols to protect user data and communications.
4. Security audits: Choose exchanges that undergo regular security audits or have their systems audited by third-party experts. This can help ensure that security measures are up-to-date and effective.
The supported crypto includes Bitcoin, BTC Cash, Ethereum, Binance Coin, Dash, Monero, and Litecoin.
1. Go to their website and click “sign up”.
2. You will need to input information required including email and password.
3.Click “get started” and start investing.
Zignaly does not charge monthly fees for its users. Instead, the platform imposes fees only when users make a profit. The percentage Zignaly charges for profits will be dependent on differnet cryptos and trading structures. Traders should consult the exchange before making any invesment decisions.
Zignaly is a trading platform that offers a comprehensive range of payment methods, making it flexible and convenient for users. The platform supports traditional payment methods, including PayPal, Visa, and Mastercard, allowing for deposits in conventional fiat currencies.
In addition, Zignaly also supports cryptocurrency deposits through Coinpayments, including widely used digital currencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Binance Coin, Dash, and Monero. An added advantage of using Zignaly is its fee-free policy related to deposits and withdrawals, which reduces transaction costs for users.
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