Zaif is one of the oldest and most reliable crypto exchanges having its origin in Japan. A special attribute of this exchange is that it majorly deals in Bitcoin. The exchange commenced its worka long time before the regulatory framework for the Japanese cryptocurrency regulators was laid out.
This exchange becomes the first licensed cryptocurrency exchange by the Japanese Financial Services Agency (JFSA). Established in the year 2014, this exchange is owned and operated by the Tech Bureau. Overall, the exchange deals in more than 40 selected cryptocurrencies.
What are the products offered by this exchange?
There are some of the products that are offered by this exchange. The products that are introduced by this exchange to give users an exceptional trading experience are as follows:
- Trade data
- 10% order books
- OHLCV Trade data
- VWAP Trade data
Each of the products launched by this platform is related to one specific segment. The users of this platform have to pay comparatively low trading fees as compared to other cryptocurrency trading platforms. However, it should also be noted that the trading fee varies according to the fluctuations that take place in this market.
A fee is determined by taking into consideration many factors of the market.
A look at the positive and negative aspects of the exchange
In this section of the read, we will be looking at the pros and cons of Zaif Japanese crypto exchange. The positive side of the exchange is as follows:
- Offers high liquidity
- Margin trading is available
- Offers Bitcoin futures
- Crypto funds are deposited in cold storage
- Simple user interface and navigation
Moving next to the negative side of the exchange, the major limitations that this platform holds are as follows:
- Tedious verification process
- An aesthetically designed trading platform
The above-laid points give you an outline of the major attributes that this platform has.You can check out each lineament mentioned above by visiting the official website of the exchange and on the basis of the study done, you can make a specific conclusion as per understanding.
Wrapping it up!!
The above-write up gives you a rough idea about the benefits and the major attributes of this platform. You can make an attempt to initiate your crypto journey through this platform and experience an amazing trade and investment journey that help you to build a better financial base.