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Zonda Crypto Exchange Review: Features & Pros & Cons For 2024

Zonda Crypto Exchange Review: Features & Pros & Cons For 2024

This article will discuss Zonda Crypto Exchange with a focus on its standout features, which include advanced security measures, a user-friendly interface, and a diverse selection of cryptocurrencies.

We will examine how Zonda’s focus on safety and regulatory compliance creates an atmosphere for trustable trading, making it a favorite in the crypto market among novice and experienced traders who seek dependability and convenient dealings.

Introduction

Zonda Crypto is one of Europe’s largest digital currency exchanges, with over a million users.

The company was established in 2014 and is regulated by the Estonian Financial Intelligence Unit (FIU).

The Zonda crypto exchange has a policy against money laundering and terrorism financing. It ensures the safety and security of the deposits and trading via the platform by applying strict AML and KYC procedures.

Zonda Crypto Exchange Introduction

Users can transact over 50 coins and tokens in pairs with traditional currencies (EUR, GBP, and PLN), stablecoins (USDT and USDC), and BTC and ETH.

Zonda Crypto continually develops and expands its business, creating products such as Zondacrypto FIAT Exchange and Zonda Crypto Pay.

Zonda Crypto is on a mission to democratize access to cryptocurrency. The company’s ambition is to develop simple, intuitive tools.

The education programs and the regulatory framework will help its customers trade and spend confidently from a position of strength.

Zonda Crypto Exchange Key Points

Key PointsFeatures
Establishment2014
LocationTallinn, Estonia
Trading PairsA large number of active users
Withdraw Fee0.0005 BTC
Taker Fee0.40%
Maker Fee0.40%
Regulatory ChallengesSubject to regulatory scrutiny and compliance requirements
Customer Support24/7 customer service and support
Mobile AppAvailable on both iOS and Android platforms
Fee StructureCompetitive trading fees

How do you sign up for Zonda Crypto Exchange?

Making an account on the Zonda crypto exchange is simple. These are the steps to follow:

Go to the official Zonda website.

Find and click the “Sign Up” button on the top right corner of the homepage.

How to Sign Up on Zonda Crypto Exchange?

Fill out the Registration Form:

  • Email: Provide a valid email address.
  • Password: Make a strong password.
  • Confirm Password: To confirm, write your password again.

Agree with Terms and Conditions

Go through terms and conditions, privacy policy, and any other agreements and accept them.

You will receive a link in your inbox from Zonda asking you to verify your email. Click it to finalize your email address verification.

Complete KYC (Know Your Customer)

There are usually regulations that require identity verification. This may typically entail:

Personal Information

Please give them your full name, date of birth, and residence details.

Upload Documents

Upload an ID given by the government, like a passport/ driving license or proof of residence, e.g., utility bills or bank statements.

Selfie Verification

Sometimes, you may be required to take a photo holding the ID card you uploaded for extra authentication.

Start Trading

Deposits can be made after successfully verifying accounts, upon which one can trade digital coins on the Zonda platform.

How To Deposit Cryptocurrency At Zonda Crypto?

There are steps here that will guide you through the process of depositing cryptocurrency on the Zonda crypto exchange:

Log in to your account

Go to the Zonda website and remember to log in with your email and password;

After logging in, look for your account dashboard’s “Wallet” or “Deposit” section.

Select a Cryptocurrency

Identify your preferred cryptocurrency from the supported coins.

Generate a Deposit Address

Click the “Deposit” button near an appropriate digital currency, creating one unique deposit address for this transaction.

Copy the Deposit Address

Just copy the given deposit address; ensure you have written down everything correctly because once done, there are no reversing transactions involved with cryptocurrencies.

Send Your Cryptocurrency

Enter an external wallet holding the cryptocurrency you want to deposit and transfer.

Paste the copied deposit address into the recipient field in your external wallet.

Please indicate how much you would like to send as a deposit, then confirm it.

Wait For Confirmation

Cryptocurrency transactions require network confirmation. This may take some time, depending on which blockchain network it is, if not less than 10 minutes, as stipulated by Bitcoin block generation time.

You can track all deposits’ status through “Transactions” or “Deposit History” under your Zonda account.

Verify Deposit

Once the funds have been deposited onto the Zonda blockchain, they will show up on my Zonda account balance after being confirmed by the network.

How To Withdraw Cryptocurrency At Zonda Crypto?

Different things must be done to withdraw your cryptocurrency from Zonda. Here is how it can be done:

Login to Your Account

Access the Zonda website and log in with your email and password.

Move to the Wallet Section

After signing in, you will find a “ “Withdraw” section on the account dashboard.

Choose the Cryptocurrency

Pick out the coins for withdrawal from the list of supported coins.

Enter the details of withdrawal:

Next to the chosen cryptocurrency, click “Withdraw”.

Note: You should put the recipient’s wallet address into an appropriate field, meaning you should ensure it is correct because cryptocurrency transactions are irreversible. Specify the amount you want to withdraw.

Confirm Withdrawal

Ensure you correctly enter the recipient’s address, amount, and other withdrawal information to confirm.

Verification Process

Zonda may send you a confirmation mail for security reasons. Open your email inbox and press on the confirmation link to give consent for the withdrawal process.

Wait for the Transaction to Process

Once confirmed, processing will begin on your request withdrawal. The time it takes for funds to appear in the recipient’s wallet depends on the blockchain network speed of the coin being withdrawn.

Check Withdrawal Status

You can check whether your money has been withdrawn under your Zonda account’s Transactions or Withdrawal History tab.

Following these steps, you can withdraw cryptocurrency successfully from your Zonda account; don’t forget to recheck the destination address and amount to avoid errors.

Exchange Fees

When trading fiat-to-crypto, Zonda Exchange’s takers’ trading fees start at 0.45%. The trading fees for fiat-to-crypto makers stand at 0.30%.

Alternatively, what would be the cost of each transaction if you were to trade crypto-to-crypto instead if you were to trade crypto-to-crypto instead?

In crypto-to-crypto trades, takers pay less than that; they pay 0.40%, whereas makers only need to spend 0.25% to complete a deal.

Fees for Withdrawing from Zonda Exchange

The withdrawal fee for Zonda Exchange is equivalent to 0.0005 BTC per Bitcoin withdrawal, which is just under the average amount charged by most major exchanges.

Some time ago, Cryptowisser conducted an extensive empirical survey on the global industry average fee for withdrawing BTC, which amounted to approximately 0.0008.

However, more recently, we’ve seen many exchanges charging 0.0005 BTC for every transaction of Bitcoin withdrawn, which could signal a move towards it as the new standard.

Withdrawal FeeFee (BTC)Comparison to Industry Average
Zonda Exchange’s BTC Withdrawal Fee0.0005 BTCEmerging Trends in Industry
Previous Industry Average (Cryptowisser)0.0008 BTC
Emerging Trend in Industry0.0005 BTCBecoming the new industry average

Methods of Depositing

With Zonda Exchange, you can also deposit fiat money. Wire transfer (not credit card) lets you deposit fiat currency on this platform.

It is called an “entry-level exchange” because it accepts fiat currency deposits and acts as a stepping stone where novice cryptocurrency investors can start their journey into the thrilling world of cryptocurrencies.

How to Secure Your Zonda Crypto Exchange?

To ensure that the platform is safe and a trusted medium for crypto investors, security has always been of paramount importance to Zonda Cryptocurrency Exchange. Here are some key features:

How to Secure Your Zonda Crypto Exchange?

Two-Factor Authentication (2FA): Secure your account by enabling 2FA via Google Authenticator or similar apps.

Encryption: Everything on Zonda, including user data such as wallets, passwords, and backups⁸, is encrypted.

AML/KYC Compliance: There are strict anti-money laundering (AML) and know-your-customer (KYC) processes for safety.

Cold Wallets: Safe cold wallets are used to store cryptocurrency funds, thus reducing possible exposure to online attacks.

Transfer Authorization: All deposits and withdrawals require exchange employee authorization.

Zonda Crypto Exchange Features

Easiness in Use

The platform has been created with simplicity in mind and thus can be easily used by novice and experienced traders.

Safety Measures

Zonda is concerned about security issues, so it incorporates essential features such as cold storage for funds, two-factor authentication (2FA), and frequent security audits to protect user assets.

Liquidity

The exchange seeks to have highly liquid trading pairs; this way, users can always perform transactions at the most competitive prices right on time.

Trading Tools

It caters to all types of traders by providing sophisticated trading tools like market orders, limit orders, and stop-limit orders.

Complies with relevant regulations and takes measures to ensure transparency and legality in its operations.

Zonda Customer Support Users Experience

The Zonda Crypto Exchange has received praise from users for its trustworthiness and ease of use, among other advantages. Below is a compilation of customer reviews:

My Customer Support Experience

Reliable Platform: The reliability of a crypto-currency exchange pleases its users, who feel secure in their trading, knowing that their assets are being protected.

Dedicated Support Team: The Polish support team accommodates and provides prompt solutions to all issues.

New App: Zonda’s new app is slick, easy to use, and enhances the overall trading experience.

Range of Assets and Liquidity: Traders using the platform have highly appreciated various tradable instruments and liquidity.

Educational Resources: This function lets users know about cryptocurrencies in general – Academy.

Zonda Crypto Android & IOS Mobile App

Every trader needs to have the Zonda Crypto mobile app. Here’s how to install and configure it:

Trade On Go With Zonda Crypto Android & IOS Mobile App

Download the App:

  • On iOS, go to the App Store and look up ‘Zonda Crypto.’
  • For Android, you can go to Google Play and find ‘Zonda Crypto.’

Connect Your Device:

  • Go to your Account Settings on the Zonda platform.
  • Connected Apps should be clicked upon.
  • Now, start the connection process for a new device.
  • When prompted, follow through with downloading the application and signing in using the QR code provided.

Earn Without Investment With Zonda Crypto Refer & Earn Program

Zonda Crypto Exchange presents its Affiliate Program to you, where you can get rewarded for bringing in more clients. Below is how it works

Earn Without Investment With Zonda Crypto Refer & Earn Program

Join the Affiliate Programme on Zonda Crypto’s website for free: Become a part of our affiliate program by signing up on the website. You can join as an influencer with a large following or someone who wants to refer others.

Inviting Referrals: Refer your friends, followers, or colleagues once you become a member and ask them to sign up at Zonda Crypto Exchange. Make sure that they use the money of tomorrow when trading.

Earn Commissions:

Depending on whom you direct towards Zonda Crypto, we give you 80% of what we earn from such individuals. Commission percentage depends on number of people invited:

  • Over fifty (50) invites – 25%
  • More than one hundred invitees – 30%
  • How about three hundred invitees? – 40%
  • Five hundred invitees plus will earn you sixty percent (60%).
  • After inviting more than one thousand people, your commissions will be calculated at sixty percent (60%).
  • When your count reaches over three thousand (3000), pay will be seven-tenths (70%) as commissions
  • If your link has been clicked over five thousand times or referrals have exceeded this figure, your commission will be four-fifths (80%).

Monitor Your Earnings: As soon as it grows inside the account panel, quickly track the balance. With each transaction they make with Zonda Crypto Exchange, see how much more money gets credited into your wallet.

Zonda’s Affiliate Program makes it possible for anyone who loves cryptocurrency and those who only want to leverage this opportunity to do so and enjoy rewards throughout their lifetime.

Zonda Crypto Alternative Exchanges

Coinbase Pro

Zonda Crypto Alternative Exchanges Coinbase Pro

A user-friendly platform that is widely trusted for its security and regulatory compliance. It offers many cryptocurrencies and provides professional trading tools.

Kraken

It contains many cryptocurrencies for trading, emphasizing safety and conformability to regulation standards and advanced trade options like margin trade.

Bitfinex

It is liquid and features such functions as lending and margin trade, among others. This exchange works with a range of digital coins together with fiat pairs.

Gemini

Zonda Crypto Alternative Exchanges Gemini

She was known for her regulatory measures and adherence to rules in the United States markets. Gemini has some cryptocurrencies available for trading, supported by the Winklevoss twins.

Huobi Global

It is designed to cater to cryptocurrencies traded worldwide, with a solid presence in Asia. It has advanced trading options with competitive fees.

Final Verdict

Zonda Crypto Exchange is distinct from other cryptocurrency trading platforms due to its strong security measures, ease of use, and numerous supported cryptocurrencies.

Zonda’s emphasis on safety is highlighted through aspects such as using two-factor authentication and cold storage that guarantee users’ assets are safeguarded.

This platform has an easy-to-use design; hence, it can be employed by both beginners and experts who are also provided with essential trading tools and more vital market visibility.

Zonda Crypto Exchange remains compliant in making the online exchange safe, sound, efficient, and comfortable for all crypto enthusiasts globally, thus providing comprehensive customer support.

Larry Peter is a cryptocurrency exchange expert having over 8 years of experience. He entered the scene in the early days of Bitcoin & has quickly become known has a respected voice in the crypto community. New and experienced traders can count on Larry and his dead-on reviews and analysis to help them understand that which may be too complex to comprehend. He has been featured in major crypto outlets and hold talks in popular blockchain conferences. As always, Larry is dedicated to providing clear and transparent information to inspire the success of others in the fast-paced world of digital currency.