Many who have been trading cryptos for a while might have come across platforms like ZB.com in the past. Besides the obvious fact that they are one of the leading cryptocurrency trading services worldwide, they have also spent so much time in the game to know how it’s done.
Currently boasting more than 6 million users and over 10 billion daily transactions, what stands out the most about this cryptocurrency exchange is its in-house token of transactions.
If you have never given it much thought, here are some reasons why the ZB Token should be on your list of priorities.
1 Rising Value
One of the reasons why ZB Token has been attractive to investors is the current low price at which it is being offered – and the possibility for the token to go up in price very soon.
In the year 2019 alone, the value of the ZB Token climbed by a massive 200% – which is very impressive by a lot of industry standards. This has taken the token from a state of being relatively unknown to commanding a stunning $150 million market cap.
With the strongest features which ZB.com has introduced to ensure the token is never abused, it is also possible to see how this is not a bubble bound for a crash at any point in time.
Furthermore, the value of the token is feasible on paper. Afterall, the platform itself has millions of users – and a good percentage of them can drive the kind of growth enjoyed by the token based on use, volume of transactions and trust invested in its inherent value.
Seeing as the number of platform subscribers can only go up – with a 1 million subscriber base increase recently happening in less than 3 months – the price of the ZB Token is sure to go up too.
2 Use Cases
The ZB Token is not just a bit of speculative coin that is to be supported because a brand is behind it. Inside the cryptocurrency exchange, players get to make daily transactions and complete various actions related to their trades with the token.
For one, the token can be purchased to act as a currency of exchange for when paying service charges. They also make it easier to purchase VIP status on the platform, get into UP subscriptions, and much more.
Due to its significance on the platform, demand will always exist for it. Again, that is a solid indicator that the price of the token will rise as more use cases are added to the fore.
3 Internal Regulations
Unlike other brands, ZB is not just looking to make a quick profit off users of its platform and leave them hanging much later.
The company has currently entered a phase of repurchase of all ZB Tokens out there. This will prevent hoarding, helping to beat deflation and remove chances of manipulating the market.
All of these are safety measures geared towards ensuring a crash doesn’t happen, helping investors secure their funds held in this form.