Zaif

Zaif

  • Japan

  • Full trading platform

  • Zaif.jp

  • Since 2018

Zaif
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $5,407,925

Zaif is a Japan-based exchange platform that provides multiple features. Various coins can be traded very easily after creating an account on their website. This platform offers cryptocurrency trading against the Japanese Yen.The company claims that the exchange is designed for those who are seeking"a stable income".

Zaif doesn't require any technical background. The platform offers complete set-up guidelines for beginners. Fees are set according to the value a user deposits or withdraws. Zaif encourages long-term investing as they already announced that the platform is"not aimed at high-risk, high-return investors".

Traditional Currency Support

  • Japanese Yen (JPY)
  • US Dollar (USD)

Language Support

  • English
  • Japanese

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland
  • United States of America

Platforms Systems

  • Web Interface

Partners and integrated software

  • Trezor
  • Ledger Nano S

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows Advanced and Basic option
  • Allows customized alerts and notifications

Advanced
Options:

  • Limit Order
  • Market Order

Discounts For
The Big Traders:

  • Reduced Maker fees

Special
Services:

  • Margin trading 0.039% / day

Zaif security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
Exchange platform
Storage Type
They claim to hold user funds in cold storage but are not specific about it.

Legal Registration or Compliance:

  • KYC/AML Compliant
  • Kinki Bureau of International FInance

Zaif is one of the two projects of Tech Bureau Inc. The other one is Mijin, a Blockchain platform. The company was founded by Takao Asayama and is based in Osaka, Japan. His purpose was to create"the hub that connects Japan to the global cryptocurrency market.

Summary:

Overall, Zaif offers several functions, but one needs to be more involved in his month-to-month activity than a regular investor. A minimum deposit needs to be made every month and several fees are required by the platform. The company rewards the top 50 people with the highest daily transactions. The total remuneration is 100 million YEN.

Ease of use
Intuitive
Transaction Fees
0-0.09%
Deposit/Withdrawal Fee
0-0.09%
Deposit/Withdrawal Fee c For Bank Transfer
Set Fee
Deposit/Withdrawal Fee For Credit Card
Set Fee
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using credit card, Deposit using 3rd party, Withdrawl funds to bank account

Functionality:

Zaif offers a nice and clean Japanese dedicated UI. One needs to have a minimum monthly deposit of 1000 YEN, which will be automatically deducted from his account each month. There is also a maximum deposit of 1 million YEN that can be made. This way they assure a long-term investment on their platform.