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Zaif

JapanJapan
Full trading platformzaif.jpSince 2014
Intuitive Ease of use, High Privacy, Wallet platform Private Keys Stored
  • Overview
  • Security
  • User Experience

Volume 24H: BTC 8,741.86/24h

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".

Crypto Currencies Support

  • BCH
  • BTC
  • ETH
  • MONA
  • XEM

Traditional Currency Support

  • JPY
  • 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

Stock Market Options

Interface customisation:

  • — Alerts-notifications
  • — Allows Advanced And Basic Option
  • — Charts

Advanced Options:

  • — Limit Order
  • — Market Order

Discounts For The Big Traders

  • — Reduced Maker Fees

The company claims that"talented persons engaged in financial services development in Silicon Valley were adopted as development teams, fraud detection based on Western mathematical models was introduced, and fraud countermeasures specialized in Japan's financial situation were also applied." Also, they stated that"customer deposits will not be diverted as their management funds".

Summary:

2 Factor AuthenticationYes
Funds InsuredFunds Are Not Insured
Private Keys Stored OnExchange Platform
Storage TypeThey Claim To Hold User Funds In Cold Storage But Are Not Specific About It

Advanced Security Features:

  • — N

Security Features:

  • — N

Legal Registration or Compliance:

  • — Kinki Bureau Of International Finance
  • — KYC / AML Compliant

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 useIntuitive
Transaction Fees0-0.09%
Deposit/Withdrawal Fee0-0.09%
Deposit/Withdrawal Fee For Bank TransferSet Fee
Deposit/Withdrawal Fee For Credit CardSet Fee
Deposit/Withdrawal Fee Charged For 3rd party PaymentsN/A
Anonymous TradingNo

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.

Most common customer complaint:

— N