Zaif Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Web
- TradingView
- Profitable investment program Zaif Coin Reserve, you can order a plastic Manepa card, with the possibility of offline payment from it (in yen), you can earn cryptocurrency through entertainment applications like Zaika GO
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Web
- TradingView
- Profitable investment program Zaif Coin Reserve, you can order a plastic Manepa card, with the possibility of offline payment from it (in yen), you can earn cryptocurrency through entertainment applications like Zaika GO
Our Evaluation of Zaif
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Zaif is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.59 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Zaif clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Zaif cryptocurrency exchange provides comfortable conditions for fast margin trading. The platform is equally convenient for beginners and experienced traders. The Zaif Coin Reserve program allows you to receive stable passive income, an additional source of income is the referral program. The crypto exchange offers lucrative commissions, but no hidden fees. You can order a universal plastic Manepa Card linked to your Zaif trader account.
Brief Look at Zaif
The Zaif exchange is a popular cryptocurrency trading platform. There are two options for buying and selling - fast trading and trading in the order book. Bitcoin, Ethereum, Bitcoin Cash, Fisco Coin, Symbol, XEM, Mona Coin, and other cryptocurrencies are traded on the exchange. The Japanese yen (JPY) is the only fiat currency on the site. The exchange provides 1:2 leverage. The trading terminal is a web version based on the standard TradingView system. Trader chat and analytics are integrated into the fast trading service. The Zaif Coin Reserve investment program allows you to automatically buy cryptocurrency at an average dollar value. There is a referral program with a bonus payment system. Trading commissions are below the market average.
- technically simplified trade;
- profitable investment solution;
- popular cryptocurrencies and tokens;
- significant bonuses for the affiliate program;
- transfer of cryptocurrency via Twitter;
- low commission fees;
- universal Manepa Card;
- detailed FAQs section.
- the Japanese yen is the only fiat;
- technical support does not have a call center.
TU Expert Advice
Financial expert and analyst at Traders Union
Zaif, a Japanese cryptocurrency exchange, is widely known among professional traders. It is a young platform providing cutting-edge crypto trading opportunities. In particular, in addition to standard trading, there is a fast trading service in the order book.
Zaif exchange allows you to earn cryptocurrency by playing on mobile applications. Thus, earnings are combined with the sphere of entertainment, which is a stable trend. The referral program at the crypto exchange is quite standard - payments for invited users. Payments can be received for different actions, they are one-time, not permanent.
There are still few cryptocurrencies on the exchange, but they are the most popular ones, including Bitcoin, Bitcoin Cash, and Ethereum. Crypto-fiat pairs are only with the Japanese yen, which is especially beneficial if you order a plastic Manepa card. The card allows you to shop at all offline stores that accept yen.
For experienced traders, the Zaif exchange offers large trading volumes, 1:2 leverage, and a fast trading terminal. Beginners are attracted by the popularity of the platform, the simplicity and intuitiveness of the service, and bonuses. The exchange is popular among investors due to the Zaif Coin Reserve program.
Of the minuses, the support service lacks a call center (only tickets) and localization is only in two languages, Japanese and English. The lack of mobile trading can be considered a disadvantage.
- You're a beginner, as Zaif offers a user-friendly interface and commission-free buying and selling in its "Simple Trade" feature. They also provide educational resources to help you learn about cryptocurrency.
- You want access to a diverse selection of coins, as Zaif lists over 20 different cryptocurrencies, including major ones like Bitcoin and Ethereum, as well as some lesser-known tokens.
- You value the lowest fees. While Zaif offers commission-free "Simple Trade", their fees for other trading options and withdrawals can be higher than some competitors.
- You prioritize security, as Zaif suffered a major hack in 2018, raising concerns about their security measures. While they claim to have improved security since then, it's worth considering for risk-averse users.
Zaif Summary
| 💻 Trading platform: | TradingView, web |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, currencies |
| 💵 Replenishment / Withdrawal: | Electronic and cryptocurrency wallets, bank transfers |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:2 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Market |
| 🔧 Instruments: | Cryptocurrencies, Japanese yen |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | No data |
| ⭐ Trading features: | Profitable investment program Zaif Coin Reserve, you can order a plastic Manepa card, with the possibility of offline payment from it (in yen), you can earn cryptocurrency through entertainment applications like Zaika GO |
| 🎁 Contests and bonuses: | No data |
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Commissions and fees
If a trader uses borrowed funds on the site, trading operations are subject to an additional fee of 0.039% per day. There is also a profit commission - 0.7%. When trading in the AirFX system, a daily fee is charged - 0.039% of the amount of an open contract. The swap fee is no more than 0.375%.
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | Up to 0.3% per order | Yes |
The exchange charges fees for depositing and withdrawing funds. The amount of the fee depends on the asset and the channel you use for deposits and withdrawals. The exact amount of fees can be found in the corresponding section of the site. In general, fees are low. For example, for a bank transfer in Japanese yen, the fee is JPY 385 for transfers up to 30,000 yen. The Ethereum withdrawal fee, depending on the withdrawal channel, can be ETH 0.01-0.05.
| Broker | Average commission | Level |
|---|---|---|
|
$0.3 | |
|
$20 | |
|
$0.1 |
Investment Options
Investment Programs, Available Markets and Products of the Broker
The main investment program of the Zaif cryptocurrency exchange is called Zaif Coin Reserve. The program allows you to link a bank card or electronic wallet to your exchange account, from which a certain amount will be debited at a given frequency. It will be automatically used by the service to buy cryptocurrency. You determine what currency the service will buy, in what volume and price range.
The peculiarity of Zaif Coin Reserve is that the program uses an averaged dollar value algorithm. This means that it will independently reduce the volume of purchases when the price rises and will buy more when it decreases. Given the high volatility of cryptocurrencies, when the value is constantly changing, the averaged dollar value algorithm is one of the few that is really effective for automatic purchases. Thus, you will not be able to earn a lot, but the income will be stable.
The second option for passive earnings of cryptocurrency on the Zaif exchange is to receive "Mizin souls" through the Takara entertainment applications. You just need to install the application and play it to receive “souls”, which can be exchanged for cryptocurrencies through IndieSquare and transferred to your Zaif account. The application is interesting because to collect large "souls" you may exchange smaller "souls" with other players. This way, Takara encourages users to be socially active.
If you are a large investor and plan on investments over $ 10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Zaif’s affiliate program
The Zaif crypto exchange offers an affiliate program, every user can join. To do thi s, you need to go to the appropriate section of your personal account, where your referral link is indicated. The link can be placed anywhere without restrictions - on social networks, forums, and websites. Each user who follows your link and registers on the exchange will become your affiliate (referral). Then you can receive two bonuses:
1,500 yen when your referral verifies his identity;
10,000 yen if your referral trades more than 1,000,000 yen within a month.
All bonuses are paid in yen to your Zaif account. The program does not imply constant payments and payments for users invited by your affiliates.
User Satisfaction