zondacrypto Overview
Zonda Exchange, previously known as BitBay, underwent a rebranding on 8 November 2021. Operated by BB Trade Estonia OÜ with a license in Estonia, the exchange originated in Poland in 2014 as BitBay before adopting the new name.
Geographic Restrictions
Zonda Exchange does not permit trading for US investors. If you are a US investor seeking an alternative exchange, utilize our Exchange Finder or Cryptocurrency Exchange List for guidance.
Referral Program
Zonda Exchange features a referral program, allowing existing users to refer new users and earn commissions based on the referred users' trading activity. Commission rates can go up to 80%, achieved by referring 5,000 users or more. The starting commission for new referring users is set at 20%.
Mobile Support
Zonda Exchange is accessible not only on desktop but also on Android and Apple mobile phones. Catering to the diverse preferences of crypto traders, the platform ensures flexibility for users who prefer trading on their smartphones.
Trading Fees
Consideration of trading fees is crucial when choosing an exchange. Zonda Exchange's trading fees for fiat-to-crypto trades are 0.45% for takers and 0.30% for makers. In crypto-to-crypto trades, takers pay 0.40%, while makers pay a slightly lower fee of 0.25%. These fees are categorized as above average.
Withdrawal Fees
Zonda Exchange imposes a withdrawal fee of 0.0005 BTC per BTC withdrawal, which is slightly below the industry average. With a shift in the industry trend, this fee is becoming increasingly common and may be considered the new standard.
Deposit Methods
The exchange accepts fiat currency deposits through wire transfer, excluding credit card deposits. This characteristic positions Zonda Exchange as an "entry-level exchange," providing a starting point for new cryptocurrency investors to explore the dynamic world of digital assets.
What are the trading fees on zondacrypto?
Consideration of trading fees is crucial when choosing an exchange. Zonda Exchange's trading fees for fiat-to-crypto trades are 0.45% for takers and 0.30% for makers. In crypto-to-crypto trades, takers pay 0.40%, while makers pay a slightly lower fee of 0.25%. These fees are categorized as above average.
Does zondacrypto offer leverage trading?
Zonda Exchange does not currently offer margin trading or leverage options.
