ZGYE

Overview of ZGYE

ZGYE stands as a distinguished blockchain derivatives trading platform of global repute. To date, ZGYE has garnered the trust and loyalty of a remarkable 1.2 million users across the globe, spanning 26 countries including Singapore, Europe, South Korea, Hong Kong, China, and Southeast Asia. At its core, ZGYE is guided by the pillars of compliance, security, and innovation, with paramount emphasis on safeguarding users' assets. The platform's foremost principle is to ensure the protection of users' asset integrity.

Pros and cons

Regulatory Authority

ZGYE, the virtual currency exchange, is subject to regulation by two regulatory agencies: the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Financial Crimes Enforcement Network (FinCEN). According to the provided information, ZGYE is registered with FINTRAC under the Regulation Number M21441185 and holds a Common Financial Service License. It is also registered with FinCEN under the Regulation Number 31000190165071 and holds an MSB License. It is important to note that both regulatory agencies have indicated that ZGYE has exceeded regulatory requirements.

Security

ZGYE prioritizes top-tier security to protect users' assets and data. It employs advanced encryption, cold storage, and two-factor authentication to prevent unauthorized access. Regular security audits and strict KYC/AML procedures further ensure a secure trading environment.

Cryptocurrencies available

ZGYE exchange offers a diverse range of cryptocurrencies for trading, catering to a broad spectrum of investment preferences. Users can access and trade popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), EOS, Bitcoin Cash (BCH), TRON (TRX), and Filecoin (FIL), among others. This extensive selection empowers users to explore various digital assets and capitalize on potential market opportunities.

Fees

ZGYE implements a transparent fee structure to facilitate trading activities:

• Transaction Fee:

  Calculation: The handling fee is computed as the transaction amount multiplied by the handling fee rate.

• Taker Fee: 0.04%

• Maker Fee: 0.04%

• Other Instructions:

• Minimum Opening Unit: 1 piece

• Leverage: Users have the flexibility to choose leverage ranging from 1X to 100X.

• Risk Rate: Take-profit triggers at 1000% to prevent forced liquidation. Stop-loss at 10% to initiate forced liquidation.

• Funding Costs:The fund fee serves the purpose of enhancing the firm price's alignment with the index price through compensating costs between long and short positions.

• ZGYEex does not directly charge funding fees; these fees are settled between users.

• Collection Method: Funding fees are exchanged between long and short positions every 8 hours, specifically at 00:00, 8:00, and 16:00 (UTC+8). These fees apply only if positions are held during these intervals. Closing a position before these times eliminates the funding fee.

• Positive Funding Rate: Long positions pay short positions.

• Negative Funding Rate: Short positions pay long positions. If holding positions in both directions, only the naked position's funding fee is computed.

Contract Name	Trading Pair	Contract Value	Price Precision	Max Opening	Max Holding
BTC Perpetual	BTC/USDT	0.001 BTC/contract	0.1	20,000 USDT	20,000 USDT
ETH Perpetual	ETH/USDT	0.01 ETH/contract	0.01	10,000 USDT	10,000 USDT
LTC Perpetual	LTC/USDT	0.1 LTC/contract	0.01	10,000 USDT	10,000 USDT
EOS Perpetual	EOS/USDT	1 EOS/contract	0.001	10,000 USDT	10,000 USDT
BCH Perpetual	BCH/USDT	0.01 BCH/contract	0.001	10,000 USDT	10,000 USDT
TRX Perpetual	TRX/USDT	100 TRX/contract	0.00001	10,000 USDT	10,000 USDT
FIL Perpetual	FIL/USDT	0.01 FIL/contract	0.00001	5,000 USDT	5,000 USDT

Customer Support

While their website is temporarily inaccessible, you can still access information through their social media channels:

Twitter:

You can find updates and information on their Twitter page at https://twitter.com/Liulianex.

Facebook:

For updates and insights, visit their Facebook page at https://www.facebook.com/Yeziexchange-108669468111579.

Conclusion

In conclusion, ZGYE emerges as a trading platform that provides a diverse range of cryptocurrencies, and competitive trading fees. With efficient deposit and withdrawal processes and responsive customer support, ZGYE fosters a user-centric trading experience. The platform's commitment to stability, privacy, and advanced features further solidifies its standing as a reliable choice for traders seeking a well-rounded and secure trading environment. As with any trading platform, prospective users are encouraged to conduct thorough research to ensure ZGYE aligns with their trading objectives and preferences.

FAQs

Q: How diverse is the cryptocurrency selection on ZGYE？

A: ZGYE offers a wide array of cryptocurrencies, allowing traders to access a broad range of digital assets.

Q: What order types are available on ZGYE？

A: ZGYE supports a variety of order types, enabling traders to execute trades in line with their strategies.

Q: Can you elaborate on ZGYE's stability as an exchange？

A: ZGYE prioritizes platform stability, minimizing disruptions and ensuring a consistent trading experience.

Q: How does ZGYE ensure privacy and data protection？

A: ZGYE implements robust privacy measures to safeguard users' data and personal information.

Q: Are there any special features for advanced traders on ZGYE？

A: ZGYE offers advanced features like leverage options, catering to the needs of experienced traders.

Q: What is ZGYE's approach to liquidity for traders？

A: ZGYE maintains sufficient liquidity to facilitate smooth trading, minimizing slippage and enhancing execution.

User Review

User 1: Hey everyone, wanted to share my thoughts on ZGYE exchange. Security's a top priority for me, and ZGYE nails it. Their multi-layered protection, cold storage, and 2FA are a solid combo. The interface is clean and intuitive, making trading a breeze. Plus, their range of cryptocurrencies is impressive, keeping me engaged. However, customer support could be more responsive; had a bit of a wait. Trading fees are reasonable, but I wish withdrawal speeds were faster. Overall, ZGYE's got potential, just needs some tweaks.

User 2: Gotta give it to ZGYE for being on the ball with regulation. Knowing they're compliant boosts my confidence. Interface-wise, it's user-friendly, perfect for both newbies and seasoned traders. Liquidity's decent, ensuring smooth transactions. Cryptocurrency variety is vast, which is a plus. My only gripe？ The trading fees could be lower, but the privacy measures are reassuring. Deposit and withdrawal speeds are satisfactory, keeping my transactions swift. ZGYE's stability is noteworthy – no major hiccups experienced. Definitely a solid choice.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.