Founded in 2014 in Poland, the Zonda cryptocurrency exchange was originally registered under the name of BitBay in Malta, but it rebranded in 2021 with a license in Estonia.
In addition to a wide range of Zonda trading pairs, the platform offers many other popular services, making it a reliable exchange for users around the world, including the USA. Zonda users are required to go through a KYC process to start trading, especially in larger amounts. Besides, traders can use the exchange via PC, laptop, or smartphone because Zonda supports both Android and iOS.
Markets
Offering traders access to over 50 cryptocurrencies in the Zonda spot market, the platform supports both crypto-crypto and crypto-fiat transactions.
Zonda provides users access to such tools as buying and selling crypto in exchange for fiat currency, as well as stop limit and fill or kill orders. In addition, all of this is backed with charting tools to guarantee correct analysis before trading.
Users may also place fiat deposits (USD, EUR, or GBP) directly into their accounts. This implies that a new user may deposit cash and quickly purchase a cryptocurrency, with Zonda accepting card payments and wire transfers. This service works the other way too, allowing customers to liquidate their crypto positions and withdraw fiat straight to their bank accounts.
In terms of Zonda’s exchange fees, users don't have to pay a maker fee if they trade on BTC or USDC markets. However, takers do have to pay a 0.1% fee on these markets. Furthermore, fees for trading on trading pairs with PLN, EUR, GBP, USD, and USDT are based on the individual 30-day Zonda volume. For makers, these fees range from 0.17% to 0.3%, while for takers they range from 0.25% to 0.43%.
Withdrawal and deposit fees for fiat and crypto assets differ based on the asset itself. For example, the Zonda crypto fee is 0.0005 BTC for every BTC withdrawal. This makes Zonda’s crypto price slightly lower than the industry standard. Check out other fees on the Zonda website.
Other Services
While Zonda’s crypto exchange aims to attract customers seeking simplicity and ease of use, it also provides a PRO variant of its platform. This version includes specialized tools and indicators for users interested in doing technical analysis and related techniques, making it an excellent choice for expert traders.
Besides trading, the platform also has Zonda Pay, which is a payment channel that allows businesses to accept online or in-store payments in cryptocurrencies.
Moreover, the site also introduced the Zonda Academy to assist newcomers in learning more about cryptocurrencies. Users may go through free classes that cover all there is to know about cryptocurrencies at this academy. The Zonda Academy aims to provide a system where professionals may brush up on their skills and beginners can learn more. This free library of information, which includes something for everyone, further exemplifies Zonda's dedication to making cryptocurrencies available to everyone.
About the Company
In 2014, Sylwester Suszek established the Zonda crypto exchange under the name of BitBay. As a well-known crypto evangelist, Suszek also established two other finance organizations that grew to be industry leaders through effective partnerships.
Besides passing strict regulations, the Zonda cryptocurrency exchange has never been the victim of cyberattacks as of February 2023.
Care to see the current Zonda volume? Take a look at the chart above.
