ZB Token — Another token supported by one of the largest crypto exchange in the world
Cryptocurrency exchanges are a very important part of the entire crypto ecosystem, and they are one of the main reasons behind the mass adoption of crypto assets among the consumers. Exchanges not only let you buy or sell your crypto assets, convert your crypto assets to fiat, but they also give you an opportunity to invest, trade, hold and make your own investment portfolio depending upon your risk appetite.
Due to the lack of proper infrastructure in place, many exchanges tend to have a centralized architecture because of the security and added risk. The decentralized ecosystem isn’t very sophisticated to hold large scale decentralized exchange platform, delivering services to the masses. Centralization has a lot of benefits which include faster platform, quick transactions, and improved security. Delivering updates to the centralized exchange software is much easier, which means that the users are in safe hands.
ZB.com Exchange — One of the top 20 exchanges in the world
ZB.com is a Chinese cryptocurrency exchange that was started when the Chinese government banned all kinds of crypto to fiat transactions in the country. On ZB exchange, consumers could perform crypto to crypto transactions in a peer to peer environment, which was allowed in the region and facilitated the consumers who wanted to stay in the crypto ecosystem and didn’t wanna touch the fiat world. Later on, ZB also introduced some crypto to fiat transactions but those were very limited in terms of supported currencies and demographic region.
ZB is being ranked as one of the top 20 crypto exchanges in the world in terms of daily trading volume, and is open to everyone in the world including the people from mainland China. The ZB exchange platform is available in both Chinese and English languages, and they have a very good support team and an active community of investors and traders. It has also introduced C2C trading on the platform recently.
ZB Token — A native platform currency for the ZB Exchange
Just like other popular exchange platforms, ZB exchange has launched its native token to raise funds and facilitate the investors even further. Using this ZB token, investors and traders have the following benefits:
- They can purchase monthly VIP status plans for transaction fee discounts.
- They can vote on exchange decisions along with all the community members who have the ZB Tokens.
- They can gain early access to special ZB launchpad events that are usually invite only.
- They can receive crypto rewards from seasonal buybacks and at a much better rate.
- They can trade with other cryptocurrencies listed on the ZB exchange on a discount.
As of early September 2019, a single ZB is traded for $0.340107 USD and has surpassed a total market cap of $157.5 Million USD. They also have a healthy daily 24h trading volume of just over $81 Million USD. ZB tokens have a fixed total supply of 2.1 Billion tokens, and the current circulating supply stands at just above 463 Million ZB tokens.
Based on the rankings by CoinMarketCap, ZB Token is ranked among the top 50 largest cryptocurrencies in the world by both trading volume and market cap. We recommend ZB tokens to everyone who not only wants to add it to their investment portfolio, but they are exploring the investment and trading on ZB Exchange platform. Using the ZB token, investors can get discounts on trading fees and many other benefits on the ZB exchange platform.