Zonda has emerged as a large and well-regulated crypto exchange, becoming a major driver of crypto adoption. This success has also allowed it to become one of the biggest names in the crypto space.
Over the past couple of years, Central and Eastern Europe have become increasingly relevant regions in the crypto economy. A recent study by Chainalysis found that the region now accounts for over 10% of global crypto transactions.
In this review we will be taking a closer look at the Zonda Crypto exchange.
What is Zonda?
If you are interested in the prospect of using Zonda, chances are you heard about it in recent months after it rose to prominence.
This doesn’t mean that Zonda is new to the space, quite the opposite. Having been around for over 8 years, the exchange is one of the best-established crypto exchanges.
If you want to know more about what Zonda has to offer in terms of safety, support, features, fees, and much more. Keep reading to know if Zonda is right for you!
What Does Zonda Offer?
Zonda is a cryptocurrency exchange originally founded in Poland back in 2014 and now established in one of the tech capitals of the world: Estonia.
As previously mentioned, Zonda is the largest cryptocurrency exchange in Eastern and Central Europe but it also has a global presence with licenses in countries like Italy and Canada.
With support from several fiat and cryptocurrencies, Zonda has been able to meet the increasing demand from investors over the past years. Now, Zonda has more than 1 million registered users between individuals and businesses.
Unlike other popular exchanges, Zonda is all about efficiency, ease of use, and powerful features that “make crypto less cryptic”.
This has resulted in the exchange being the recipient of several industry awards, including Invest Cuff’s Blockchain Exchange of the Year, Berlin Summit’s Best Cryptocurrency Exchange, and Cryptocurrency World Expo’s Best Cryptocurrency Exchange.
What Services Does Zonda Offer?
When it comes to cryptocurrency exchanges, choosing the best one is all about making sure it offers the services you need. While many people seem to believe that more is better, this is not always the case.
Think about it, do you really need or will be using crypto mining pools? The reality is that most exchanges offer services that are not used by 95% of their user base.
With Zonda, you know what services you get from the get-go: Trading, Tracking, and Learning. Let’s take a closer look at each of them.
Trading
As a crypto exchange, Zonda provides its users with the means to trade cryptocurrencies.
Zonda will grant you access to the features we all have come to expect from a crypto trading platform.
These include the selling and buying of cryptocurrencies with fiat, as well as sport, stop market, stop limit orders, and fill or kill orders. Of course, all of these are accompanied by charting capabilities to ensure you can do a proper analysis before trading.
While Zonda seeks to be especially appealing to users looking for simplicity and ease of use, it also offers a PRO version of its trading platform.
This version comes with professional tools and indicators for those looking to perform technical analysis and similar strategies, which makes it a solid option for advanced traders.
Tracking
While not technically a service, this is an area of the website dedicated to tracking the currencies supported by Zonda. By having all the information in a single interface, the platform seeks to make it easier for investors to find the information they need to succeed when trading.
Information on this interface includes the top and weakest performers of the past 24 hours, current prices, trading volume, changes in value, and more. You can think of it as a CoinGecko or CoinMarketCap without the need to visit other websites.
As it is already integrated with Zonda, this makes it extremely easy to see relevant information and use it without too much hassle.
Learning
In its mission to make Crypto easily accessible, Zonda also has a section all about learning. This includes the typical blogs and new sections but also an academy in which users can find information about crypto, blockchain, and investing.
From beginner guides to trading psychology, users are sure to find information that they can easily apply to their daily or long-term trading
What sets Zonda’s academy apart is how well-organized and well-written the information is. The use of courses means that users don’t need to guess what guide is the best for them… They just need to choose a topic and the academy will guide them through the journey.
Supported Cryptocurrencies
Zonda offers support for many crypto and fiat currencies, which makes it an ideal platform for those looking for high exposure.
As these currencies can change at any moment, we always recommend that you check the latest information. You can do so here.
- Ethereum (ETH)
- Bitcoin (BTC)
- Dogecoin (DOGE)
- Cardano (ADA)
- Polkadot (DOT)
- XRP (XRP)
- Terra Classic (LUNC)
- Stellar (XLM)
- Eosio (EOS)
- COSMOS HUB (ATOM)
- Chiliz (CHZ)
- USD Coin (USDC)
- Algorand (ALGO)
- Decentraland (MANA)
- Chainlink (LINK)
- Polygon (MATIC)
- Compound (COMP)
- Litecoin (LTC)
- Tron (TRX)
- Solana (SOL)
- Aave (AAVE)
- Avalanche (AVAX)
- Reef Finance (REEF)
- Terra (LUNA) (LUNA2)
- Uniswap (UNI)
- SushiSwap (SUSHI)
- Tezos (XTZ)
- Zcash (ZEC)
- The Graph (GRT)
- Dash (DASH)
- Lisk (LSK)
- Dai (DAI)
- Enjin Coin (ENJ)
- Fantom (FTM)
- Atari Token (ATRI)
- Bitcoin SV (BSV)
- Experty Wisdom Token (WIS)
- Bitcoin Gold (BTG)
- Bitcoin Cash (BCC)
- Pundi X Token (PUNDIX)
- Swipe (SXP)
- Formation FI (FORM)
The fiat currencies currently supported by the platform are:
- Poland Złoty (PLN)
- United States Dollar (USD)
- Great Britain Pound (GBP)
- Euro (EUR)
Zonda Fees
Just like any other cryptocurrency exchange, Zonda charged fees in order to provide its services.
While you won’t need to pay a subscription or any other amount to create an account, these fees will be applied when making use of some of the platform’s services.
If you are trading BTC, ETH, or USDC, you will not pay any maker fee but should expect a 0.1% fee in the case of BTC or USDC. ETH transactions won’t incur any maker or taker fee.
The fees related to trading pairs with PLN, EUR, GBP, USD, and USDT will vary depending on your 30-day volume. The highest these will get is if you have traded less than 1250 EUR in the past 30 days. In such a case, expect to pay a 0.43% taker fee and a 0.3% maker fee
Transaction, deposit, and withdrawal fees also vary depending on the currency. As these variations are too many, we recommend you check them on the official article for the latest, and relevant, information.
Is Zonda Safe?
The biggest testament to Zonda’s security is that the platform has never been hacked before.
This, in addition to having passed Estonia’s strict regulations, means that Zonda truly is one of the safest crypto platforms out there. It isn’t surprising given that the exchange has chosen to make security its biggest priority.
Some of the factors contributing to this unparalleled security include the requirement for strong passwords, implementation of Two-factor authentication, transaction confirmations, use of cold wallets to store funds, top-tier encryption, and compliance with AML/KYC policies.
Conclusion
Zonda is an easy to use and well-regulated exchange suitable for beginners and more experienced traders alike. By focusing on improving core essential features, it aims to make crypto investing as easy and efficient as possible.
You immediately know what you can do with Zonda, which is not the case with exchanges like Binance, Gemini, or Kraken. It is easy to see this from the moment you visit its website and are greeted by a sleek, clean, and intuitive interface.
Source: https://blockonomi.com/zonda-review/