Zonda Crypto Review – Is This Exchange Your Crypto Go-To?

Operated by BB Trade Estonia OÜ, Zonda is the largest cryptocurrency exchange in Central & Eastern Europe. Initially founded in Poland as BitBay in 2014, it changed its brand name in November 2021. Zonda promises users top security measures with licenses from Estonia, Italy, Poland, and other top jurisdictions.

According to its website, the platform boasts over one million active users and offers a user-friendly experience with low fees and quick customer support. But is this company truly legit and safe? Keep reading our Zonda Crypto review to find out.

Exchange status:	Licensed Crypto Exchange
Regulated by:	Estonian Financial Intelligence Unit (FIU)
Operating Status:	Active Crypto Exchange
Known Websites:	zondacrypto.com
Blacklisted as a Scam by:	N/A
Owner:	BB Trade Estonia OÜ
Headquarters Country:	Estonia
Operating Since:	2014
Online Trading Platforms:	Web
Mobile Trading:	Available
Minimum Deposit:	N/A
Deposit Bonus:	N/A
CFD Trading Option:	No, you cannot trade CFDs
Crypto Asset Trading:	Yes – BTC, ETH, SOL…
Available Trading Instruments:	Cryptocurrencies
Maximum Leverage:	N/A
Islamic Account:	Unavailable
Free Demo Account:	Unavailable
Accepts US clients:	No
Global Fraud Protection Experts’ Verdict:	The platform appears safe. However, if you experience any withdrawal issues, contact our company to launch the fund recovery process.

Is Zonda Crypto Regulated?

According to Estonian National Broadcasting (ERR), in late March 2024, the Estonian government approved a new bill establishing legal requirements for crypto service providers to regulate the market and increase reliability. It comes into force in 2026, and the domestic regulator, the Financial Supervisory Authority, will supervise all companies.

The Zonda Crypto exchange expressed support for this legislation in an April 30 article for CoinDesk. “We need regulations set in place for this industry to succeed because people need to know their crypto providers and be assured that they are acting legitimately,” the company stated.

“Rather than push back at regulations and jeopardize the safety of client funds, zondacrypto has wholly embraced [EU Markets in Crypto-Assets Regulation] as an opportunity to operate and better safeguard the industry,” Zonda said, adding that “when Estonian license requirements saw the number of licensed entities drop by 90%, [the exchange] embraced regulation and continued to operate.”

Indeed, the entity has been registered with the FIU since 2020. We always recommend our readers to stick to firms regulated by esteemed financial authorities such as the FCA (UK), CFTC (US), IIROC (Canada), ASIC (Australia), MAS (Singapore), etc. Avoid unlicensed sites such as AzaForex.

Trader Reviews – Sharing Experiences

To complement running a respectable business, the exchange has received relatively positive feedback from users. As of this writing, there are 278 Zonda Crypto reviews on trustpilot.com. The platform achieved an average score of 4/5 (great). As with any venture, there’re bound to be complaints, which is natural.

Be sure to read both sides of a story to get a clear picture of possible issues. We generally encourage you to look up your provider on user forums and search for honest feedback. Negative reviews can help save you from illicit platforms like Crypto Lloyds.

Who Are Zonda Crypto’s Users?

According to WHOIS, the zondacrypto.com website domain has been active since October 30, 2022, a year after rebranding. The exchange has mainly been accepting clients who reside in the following countries:

• United Kingdom
• Netherlands
• Italy
• Germany
• Poland

The all-European operation area aligns with Zonda’s business goals and scope of license possibilities. However, we have to point out that the UK has different regulations for digital assets, meaning British investors should stick to local providers to minimize the chances of potential issues.

Is There a Trading Platform or App Available?

Zonda’s trading platform (ZND) is designed for both novice and experienced traders. It features a user-friendly and comprehensive interface and, based on the website’s information, offers a wide array of options for executing a Zonda Crypto trade.

The company boasts real-time market data, advanced charting tools, and diverse order types. When it comes to security, the platform offers two-factor authentication, encryption, and cold wallet storage.

Next up is the Zonda Crypto app, which extends the platform’s capabilities to mobile devices and provides on-the-go features. Available for both iOS and Android, the app also supports the same user-friendly design. The exchange says the app also includes educational resources from the Zonda Academy.

Fee Structure

Zonda Crypto has outlined a competitive fee structure for traders. As with any other crypto platform, it employs a maker/taker fee model, incentivizing liquidity with lower fees for makers. The exchange charges takers a starting fee of 0.45% for fiat-to-crypto trades, while makers pay 0.30%. For crypto-to-crypto trades, the fees are slightly lower: takers incur 0.40%, and makers pay 0.25%.

Additionally, Zonda offers withdrawal fees that vary by cryptocurrency. For instance, the BTC fee is 0.0005 (~$30), slightly below the industry’s standard.

Zonda Crypto’s Affiliate Program

While the website promotes the Zonda Crypto sponsorship with the football club Juventus, it also devotes a page to a user affiliate program. The company offers existing users a chance to earn commissions by referring new users.

Through this program, users can receive a commission of up to 80% of the trading fees generated by the new members they bring in. One user must refer 5,000 new investors or more to reach the top tier. As an incentive for new referring users, the exchange promises a starting commission rate of 20%.

Customer Support

Per the Contact page, the support team is available 24/7 to assist with any issues or inquiries via email and live chat. They also provide a well-rounded help center with detailed guides and FAQs to help users navigate the platform.

Judging by the reviews, the customer support is pretty decent, although some users expressed their dissatisfaction with their services.

Deposit and Withdrawal Methods

According to the website, Zonda offers a variety of payment methods for deposits and withdrawals:

• Credit/debit cards
• Bank transfer
• E-wallets

The company supports deposits in fiat currencies like EUR, USD, and PLN, making it convenient for users from different regions. While deposits are generally free, withdrawal fees vary depending on the method and currency. As for the prices of coins, check out the Zonda Crypto price page.

For cryptocurrency transactions, the exchange applies standard network fees. Should you experience any payment issues, immediately contact the company. If you still cannot resolve the problem, book a consultation with us.

What Should I Do If I Have Issues with Zonda Crypto?

If you suspect that this company damaged you, we offer our professional help. Withdrawal issues are common, which is why our team specializes in helping victims get their money back.

Book a free consultation with Fusion Forensics Limited and tell us more about your case. We will analyze it together and devise a solution to recover your hard-earned funds!

Book your free consultation here and get your money back!