Zonda Crypto Review – Does Rebranding Help With Reputation?

As can be seen from the T&Cs, Zonda Crypto is operated by BB Trade Estonia ÖU. This brand was established in 2021 and before that, they have operated as BitPay. Fairly, not the most popular exchange out there.

Anyway, after rebranding, it appears that the company is doing quite well. Still, traders are pointing out some problems that might be disturbing. To find out more, read this Zonda Crypto review carefully.

Legal Info: Is Zonda Crypto Legit?

The company is based in Estonia and can easily get a license as a virtual service asset provider. Indeed, they did got it, and you can check all the company’s details in the Estonian register. Important to realize is that the company is also using regulated payment providers. Some of them are even based in the UK. At least, that’s what they claim.

Even though it might provide some kind of protection, it’s still not what you could get with top-tier licenses, such as the ones from AMF, FCA, or CFTC.

Who Are Zonda Crypto’s Clients?

According to Zonda Crypto reviews, some might say that this company is offering services only to traders from Poland. But among those, there are a few other countries that are using these services, such as: 

• Germany
• United Kingdom
• Netherlands
• United States

If there is anything you would like other traders to know about this firm, let us know in the comments below. In case there are some withdrawal-related issues, don’t hesitate to contact us directly. Also, don’t miss out on our Intrafund review for more trading clarity.

Traders Reviews

As can be seen, the Zonda Crypto crypto exchange has quite positive reviews. Out of 244 on Trustpilot, almost 90% are positive. Thus, all positive reviews mostly come from Polish traders. In any case, if you read the 10% of the negative ones, you will reveal there might be some issues.

If you look at the reviews of its old brand BitBay, you will confirm there was nothing genuine there. On the positive side, Zonda Crypto exchange became a sponsor of Juventus FC. So, it might be a sign of something reliable. In any case, if you experience any irregularity, feel free to contact us.

Leverage, Commissions, Spreads, Fees and Taxes

Since this firm is only a crypto exchange, we can expect only regular transaction fees. Yet, it’s quite positive seeing that trading a few top currencies doesn’t involve any maker fees. But for most of those, you will have a 0.01% maker fee at the beginning. 

On top of that, there’s quite a low taker fee of 0.1% for BTC and USDC trades.

Bonuses

One not-so-surprising thing about this exchange is that there’s a bonus for completing verification. This bonus includes 5 EUR additional funds. But to fully understand the bonus rules, we suggest you check the company’s bonus policy first.

Zonda Crypto Trading Features

Another key benefit of this exchange is that it offers trusted and reliable software. Tracking your investments needs to be simple. For that reason, the company has developed its proprietary platform that can easily compete with top-notch ones.

Trading Platforms Available

The company’s exchange features can be done on a web-based platform and through mobile apps. This brings a lot of credibility to the company. 

However, a trusted investment platform is not the only thing you should watch for. After all, those negative reviews we mentioned wouldn’t be there without a reason.

Available Trading Assets

A great thing about this exchange is its offer. Yet, they only focus on the most popular coins, except for the proprietary ZND token. 

All in all, the Zonda Crypto price of its currencies can be presented in correlation with base currencies (PLN, EUR, USD, GBP) and cryptos like BTC, USDT, and USDC. Some of the options are: 

Account Types

In general, the company doesn’t offer any VIP or Premium services. Everyone gets the same treatment. However, there is an important benefit for traders with higher 30-day trading volume. That’s a lower fee structure.

Mobile Trading App

Indeed, it appears that Zonda Crypto has quite solid trading apps. These are available for download on AppStore and PlayStore. Thus, the Android version has only a bit over 100K downloads. 

Compared to some top-notch exchanges, this is peanuts. But still, the company is gradually growing, mostly due to Zonda Crypto regulation.

Demo Account

Unfortunately, you don’t have any virtual funds for trading after you register with this exchange. Fairly, it’s not needed because the spot trading is not a part of the offer. 

Still, getting familiar with the platform is always recommended thing before throwing any money in.

Education

One of the big advantages of this exchange is its learning program. There’s an academy for the ones who want to be deeply involved in the crypto world. But for the ones who want to inform themselves, you can go through the company’s blog, news, and press releases.

Zonda Crypto Withdrawal

Another great feature of this exchange is its withdrawal options. Whether you want a crypto transfer, card transfer, or ATM withdrawal, it’s all possible. Also, card transfers are processed within 24 hours, and according to the company, they take 10 minutes to arrive.

Yet, some traders reported verification-related issues that were prolonging the process. On the positive side, the company has fully transparent fees for all withdrawal methods, which you can check here.

Customer Support

If you are looking for some assistance, there are two ways to reach out to this firm. One is through e-mail, and the other one is via live chat.  Also, chat agents are available from 8 AM until 10 PM (CET) throughout the whole week. This is quite important, and our BitPlus Capital review reveals what happens if you don’t have such support.

Key Information To Consider About Zonda Crypto

The only thing that might worry traders is the history and negative reviews. Everything else appears quite reliable. But you never know if there will be some issues. Sometimes, traders overreact and make it look worse than it is.

Yet, to know exactly what’s going on, we suggest you book a consultation with our team. On top of that, the first meeting is completely free. Feel free to contact us via live chat as well.

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