ZBG

Overview of ZBG

ZBG is a virtual currency exchange that was founded in 2018. It is registered in Hong Kong and claims to be regulated by Financial Crimes Enforcement Network (FinCEN), License No.:31000166169677. However, the regulatory status of this exchange has been exceeded.

The exchange offers a variety of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and more. Traders can take advantage of a maximum leverage of up to 100x.

Pros and cons

Regulatory Authority

ZBG does not have a specific regulatory authority overseeing its operations. However, it is important to note that ZBG's parent company, ZILLION BIZ GLOBAL LIMITED, holds a financial license as a Money Services Business (MSB) issued by the Financial Crimes Enforcement Network (FinCEN). The regulation number associated with this license is 31000166169677. It is worth mentioning that the exchange has exceeded its regulatory requirements, indicating compliance with the necessary regulations.

How to open an account？

The detailed registration process for ZBG can be outlined in six steps as follows:

1. Go to the official ZBG website and click on the “Register” button.

2. Fill in your email address, password, and any other required personal information in the registration form.

3. Agree to the terms and conditions of the exchange by checking the relevant checkbox.

4. Complete the verification process by providing any necessary identification documents, such as a passport or driver's license.

5. Verify your email address by clicking on the link sent to your registered email account.

6. Once your account is verified, you can log in and start using the ZBG platform for virtual currency trading.

How to buy Cryptos？

Here's a guide on how to buy cryptocurrencies on ZBG Exchange:

Create an Account: Visit the ZBG Exchange website and register for an account by providing your email address, creating a password, and agreeing to the terms of service. After registration, verify your email by clicking on the verification link sent to your inbox.

Complete Identity Verification: To comply with regulations, you'll need to verify your identity. This typically involves uploading a government-issued ID and confirming your residential address. Be prepared to take a selfie for identity verification if required.

Deposit Funds: Once your identity is verified, you can deposit funds into your ZBG account. You can choose to deposit either fiat currency or cryptocurrencies. The deposit methods available may vary depending on your location and currency preferences.

Buy Cryptocurrencies: Head to the trading section of the platform and select the cryptocurrency you wish to buy. Enter the amount you want to spend or the specific amount of cryptocurrency you want to purchase. Carefully review the order details and then confirm your purchase.

Store Your Cryptocurrencies: The cryptocurrencies you've purchased will be stored in your ZBG wallet. You can opt to keep them in your ZBG wallet for long-term holding or transfer them to another wallet for different purposes.

Fees

Participants in this investment program are subject to a progressive commission structure. They rely on the trader's success in carrying out deals and attracting clients. The maker's and taker's initial commission rates are both set at 0.20 percent.

There are a total of six levels, after which the taker's commission is diminished. Therefore, the investor pays less (in terms of commissions) the higher their level.

Example of commission costs (basic account):

For professional accounts:

Deposit & Withdrawal

ZBG offers various deposit and withdrawal methods for users to fund their accounts or withdraw their funds. Some common deposit methods include bank card, credit cards, P2P cryptocurrency exchange, third-party services.

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