Overview
Zignaly Is A Virtual Currency Exchange Company Founded In 2018. It Operates In The Virgin Islands And Is Not Regulated. The Company Offers More Than Five Major Cryptocurrencies For Trading. The Exchange Does Not Charge Transaction Fees And Traders Can Make Payments Using Paypal Or Coins. Overall, Zignaly Provides A Platform For Virtual Currency Exchanges That Is Conducive To The Investment Of Cryptocurrency Traders.
Pros And Cons
Pros
No Minimum Investment
No Monthly Fee
Withdrawal At Any Time
Cons
Lack Of Regulation
Security
Traders Should Be Aware Of Some General Security Measures:
1. Two-Factor Authentication (2FA): Enable 2FA Whenever Possible To Add An Extra Layer Of Security To Your Account.
2. Cold Storage: Look For Exchanges That Use Cold Storage To Store Most Of Their Users' Funds Offline. This Helps Prevent Potential Hacks.
3. Encryption: Ensure That Exchanges Use Cryptographic Protocols To Protect User Data And Communications.
4. Security Audit: Select Exchanges That Regularly Conduct Security Audits Or Have Their Systems Audited By Third-party Experts. This Ensures That Security Measures Are Up-to-date And Effective.
Available Cryptocurrencies
Supported Cryptocurrencies Include Bitcoin, BTC Cash, Ethereum, Binance Coin, Dash, Monero, And Litecoin.
How Do I Open An Account?
1. Go To Their Website And Click On "Register".
2. You Need To Enter The Required Information Including Email And Password.
3. Click On "Start" And Start Investing.
Fees
Zignaly Does Not Charge Monthly Fees To Its Users. Instead, The Platform Only Charges Fees When Users Make A Profit. The Percentage Zignaly Charges On Profits Will Depend On Different Cryptocurrencies And Trading Structures. Traders Should Consult The Exchange Before Making Any Investment Decisions.
Payment Methods
Zignaly Is A Trading Platform That Offers A Comprehensive Range Of Payment Methods, Making It Flexible And Convenient For Users. The Platform Supports Traditional Payment Methods, Including Paypal, Visa, And Mastercard, Allowing Deposits To Be Made Using Traditional Fiat Currencies.
Additionally, Zignaly Also Supports Cryptocurrency Deposits Through Coinpayments, Including Widely Used Digital Currencies Such As Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Binance Coin, Dash, And Monero. Another Advantage Of Using Zignaly Is Its Free Policy Regarding Deposits And Withdrawals, Which Reduces Transaction Costs For Users.
