ZBX is Not a Cryptocurrency: Clarifying Its Nature
Many users may mistakenly believe that "ZBX" is a cryptocurrency token and inquire about how to buy and sell it. However, according to public information, ZBX is not a cryptocurrency, but rather a cryptocurrency trading platform. Therefore, the question "how to buy and sell ZBX coin" actually refers to how to buy and sell cryptocurrencies on the ZBX exchange.
Overview and History of ZBX Exchange
ZBX exchange is registered in Malta and claims to comply with the regulatory requirements of the Malta Financial Services Authority (MFSA), aiming to be a compliant digital assets trading platform. The exchange began operations in 2018 or November 2019 and previously offered the following services:
- Trading Services: Including spot trading, fiat-to-crypto conversion, and OTC (over-the-counter) trading.
- Asset Deposits: Supported asset deposits via wire transfer, debit card, and existing cryptocurrencies.
- Mobile Applications: Previously offered mobile applications for iPhone and Android devices.
- Investor Restrictions: Due to regulatory reasons, ZBX did not accept US investors for trading.
- Historical Partnerships: ZBX previously shared liquidity with ZB.com and ZBG, introduced KPMG for independent audits, and had a strategic partnership with Swiss bank Dukascopy.
- Supported Currencies: During its active period, ZBX supported trading of mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USDC, Solana (SOL), Cardano (ADA), Tron (TRX), Ripple (XRP), and some altcoins.
- Trading Fees: ZBX charged a 0.50% trading fee for both makers and takers, which was higher than the industry average at the time.
Current Status and Risk Warning for ZBX Exchange
As of the time of writing (August 11, 2026), according to data platforms such as CoinGecko and CoinMarketCap, ZBX exchange is currently extremely inactive. Its data page shows 0 currencies, 0 trading pairs, a 24-hour trading volume of $0.00, and is listed as "untracked" or "no data." This indicates that the exchange currently has almost no active trading and has effectively ceased operations or is in a dormant state.
Furthermore, ZBX also faced controversy during its historical operations. In March 2020, media reported that ZBX was accused of operating a "Ponzi scheme" under the guise of STO (Security Token Offering), with issues such as locked user principal and frequent rule changes. At that time, its CEO, Wang Gang, was reported to have resigned.
Given the current lack of active trading on ZBX exchange and its historical controversies, users should be fully aware of its high risks. For users wishing to trade cryptocurrencies, it is recommended to choose currently active and regulated mainstream trading platforms and to verify the platform's compliance and security themselves.
How to Buy and Sell Cryptocurrencies on Other Platforms
Since ZBX exchange is currently inactive, users cannot buy or sell cryptocurrencies on it. If you need to buy or sell cryptocurrencies, you can do so on active trading platforms that support the specific currency. Typically, this involves registering an account, completing identity verification (KYC), depositing fiat currency or cryptocurrency, and then engaging in spot trading or exchange.
