ZGK

Overview of ZGK

ZGK, founded 2-5 years ago and registered in the Cayman Islands, operates as an unregulated virtual currency exchange. Offering over 100 cryptocurrencies including Bitcoin, Ethereum, Tether, Binance Coin, and more, with prices ranging from $0.01 to $100,000. The exchange boasts a 24-hour trading volume of $10 billion and a total market capitalization of $2 trillion. ZGK imposes fees based on trading volume, with taker fees ranging from 0.10% to 0.04% and maker fees ranging from -0.05% to 0.00%. The deposit fee varies by payment method, such as 4% for credit/debit card deposits, and withdrawal fees vary by cryptocurrency. While ZGK's instant account registration process includes KYC verification, its lack of regulatory oversight necessitates caution from traders regarding security measures and diversification.

Pros and cons

Pros: ZGK provides access to a diverse selection of over 100 cryptocurrencies and offers competitive starting fees for trading (Maker: -0.05%, Taker: 0.10%). The platform supports various deposit and withdrawal methods and even offers staking rewards, enhancing user engagement. Additionally, ZGK allows for fiat currency trading and offers a wide range of trading options and order types.

Cons: However, ZGK has limitations; certain cryptocurrencies might not be available for trading, and withdrawal fees exist. While there's the opportunity for staking rewards, they might not be applicable to all supported cryptocurrencies. Some deposit and withdrawal methods come with associated fees. Although the platform allows anonymous trading, it might not suit all types of investors. Moreover, ZGK's lack of regulation by a recognized institution and lesser prominence compared to other exchanges might raise concerns for potential users.

Regulatory Authority

ZGK is an unregulated virtual currency exchange, meaning it is not overseen by any regulatory authority. This lack of regulatory oversight can have several disadvantages for traders. One disadvantage is the potential lack of legal protection and rights for users. Without a regulatory authority monitoring the exchange's operations, there may be a higher risk of scams, fraud, and misuse of funds. In the event of any disputes or issues, users may find it difficult to seek recourse or obtain compensation.

Cryptocurrencies Available

ZGK offers over 100 cryptocurrencies, including:

• Bitcoin (BTC)
• Ethereum (ETH)
• Tether (USDT)
• Binance Coin (BNB)
• USD Coin (USDC)
• Cardano (ADA)
• Solana (SOL)
• XRP (XRP)
• Terra (LUNA)
• Avalanche (AVAX)

  The prices range from $0.01 to $100,000. The 24-hour trading volume is $10 billion, and the total market capitalization is $2 trillion. New coins are listed instantly.

How to open an account？

The registration process on ZGK can be completed in the following steps:

1. Visit the ZGK website and click on the “Sign Up” button.

2. Fill out the registration form with your personal information, including your name, email address, and password.

3. Verify your email address by clicking on the confirmation link sent to your inbox.

4. Complete the KYC (Know Your Customer) verification process by uploading the required identification documents, such as a passport or driver's license.

5. Once your KYC documents are approved, you will be able to access your ZGK account.

6. Set up additional security measures, such as enabling two-factor authentication, to enhance the security of your account.

Fees

ZGK charges a maker fee of -0.05% to 0.00% and a taker fee of 0.10% to 0.04%, depending on the trading volume.

Payment Methods

ZGK charges a deposit fee for all deposits. The deposit fee varies depending on the payment method being used. For example, credit/debit card deposits are charged a 4% fee, while bank transfers are charged a 0.5% fee.

ZGK also charges a withdrawal fee for all withdrawals. The withdrawal fee varies depending on the cryptocurrency being withdrawn. For example, Bitcoin withdrawals are charged a 0.0005 BTC fee, while Ethereum withdrawals are charged a 0.004 ETH fee.

Customer Support

ZGK's customer support can be reached at ZGK@ZGK.com for assistance.

Compare to Other similar Brokers

ZGK offers over 100 cryptocurrencies with flexible trading amounts and a unique fee structure (Maker: -0.05% to 0.00%, Taker: 0.10% to 0.04%). It requires a minimum account deposit of $50 and provides various promotions like welcome bonuses, referral bonuses, and airdrops. In comparison, Binance and Coinbase feature more cryptocurrencies (over 500 and over 100, respectively) with different fee models (Binance: Maker 0.04%, Taker 0.04%; Coinbase: Maker 0.14%, Taker 0.26%) and varying minimum deposit requirements ($10 for Binance and $20 for Coinbase), while also offering welcome and referral bonuses.

FAQs

Q: What cryptocurrencies are available on ZGK？

A: ZGK offers a diverse selection of over 100 cryptocurrencies for users to trade and invest in.

Q: What payment methods does ZGK accept？

A: ZGK accepts payments through bank transfers and debit/credit cards, providing users with convenience and flexibility.

Q: Is ZGK regulated by any authority？

A: No, ZGK is not regulated by any authority, which may raise concerns about legal protection and users' rights.

Q: Does ZGK charge any trading fees？

A: Yes, ZGK charges a trading fee of 0.4% for each transaction, which may impact profitability for frequent and high-volume traders.

Q: Does ZGK provide customer support？

A: Yes, ZGK offers 24/7 customer support through live chat and email, ensuring that users can receive assistance and resolve any issues they may encounter.