Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 326 Exchanges: 309 Offers:
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Zank review & 1 testimonial (updated 12.2019)

Zank user interface: the home page in English

What is Zank in a nutshell? It's recently added to our monitoring, respectable, promising exchange service (broker) supporting 1 cryptocurrency: you can buy and sell coins using 2 fiat currencies (12 banks & payment systems are supported). Exchange service started the business Jul 2018, it's a fully compliant, licensed financial company.

This service works with a number of currencies, banks, and payment systems. Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here. Based on this number (11.85%) we may say that Zank charges very high fees: 10% — 12% (according to our statistics, 92% exchanges offer lower average fee) and has great buying limits: $1 — $725,637 (in accordance with the statistics we've collected, 93% exchanges allow lower limits for orders). This Broker welcomes customers from 254 countries (unfortunately, your country: United States is not supported at the moment; but there are good alternatives). Due to regulatory restrictions, US citizens and residents are not served by the exchange. According to the feedback from users, customer service is exceptional, 5 stars quality; the exchange is almost instant and takes less than 15 minutes! or so. You will have to verify your account (ID Verification, Address Confirmation, Card Verification should be normally required) before being able to use the service.

Since 2018, Zank is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with Zank, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: Zank is a legit, but promising, although not yet reviewed much by our visitors place to buy and sell Bitcoins, an interesting exchange that we believe will get some nice feedback soon!

Overview: is Zank safe?

Zank is the Broker; CryptoSystems OU (dba Zank) started the business in July 2018. The company is based in the Estonia with the headquarters located in the Tallinn. Official Zank address is arju maakond, Tallinn, Kesklinna linnoasa, Pärnu mnt, 158-88, 11317. The firm is a licensed MSB, regulated by the FIU; it holds the Cryptocurrencies exchange license.

Zank was founded by Serhii Nazarkevych.

Answering the question how safe is Zank:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of Zank to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 1 year 5 months
Business model: licensed, fully compliant
Order Speed: fast (5-15 minutes)
Support Quality: perfect
Verification Speed: fast (5-15 minutes)
UI Usability: perfect

Overall rating for Zank: N/A
Although we have not collected enough testimonials to assign a rating to Zank, we can pre-estimate the rating (considering there will be no user complaints) as 89/100.

Pros & Cons of Zank

Although Zank is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • Fully compliant and regulated business, service provided by licensed financial company, although it stated operations rather recently, from 07/2018.
  • High purchase and withdrawal limits, convenient min/max amounts.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Perfect customer care quality; customers admire it!
  • Fast client identification process: account verification takes rather a short time, in accordance with the customers reviews.
  • Easy and user-friendly interface, newbies won't be lost here!
  • Zank doesn't hold the clients funds, delivering the funds directly to your wallet.
  • The fees are rather high.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Zank! Try Zank today and let us know how you like it!

Services, Zank Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, Zank doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

Zank provides the service of buying and selling 1 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Bitcoin (BTC).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Cryptocurrencies under 1 dollar to invest in 2019.

2 fiat currencies are supported to provide crypto purchase and selling: Euro (EUR), Russian Ruble (RUB). The Broker will let you buy and sell Bitcoins using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. RUB and EUR payments are available for purchasing cryptos at the exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 93 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Sberbank. A local bank (you may use from Russia) in various currencies. Just the RUB payments are available for purchasing cryptos at the exchange.
  • AlfaBank. A local bank (you may use from Russia) in various currencies. Just the RUB payments are available for purchasing cryptos at the exchange.
  • VTB24. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • Tinkoff Bank. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • Russky Standard. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • PromsvyazBank. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • GazpromBank. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • Raiffeisenbank. A local bank (you may use from Russia) in various currencies. Just the RUB payments are available for purchasing cryptos at the exchange.
  • Avangard Bank. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • Rocketbank. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • RNKB Bank. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.

Zank fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • 12% when you pay money using AlfaBank in Russian Ruble.
    • 12% when you pay money using Avangard Bank in Russian Ruble.
    • 12% when you pay money using GazpromBank in Russian Ruble.
    • 12% when you pay money using PromsvyazBank in Russian Ruble.
    • 12% when you pay money using RNKB Bank in Russian Ruble.
    • 12% when you pay money using Raiffeisenbank in Russian Ruble.
    • 12% when you pay money using Rocketbank in Russian Ruble.
    • 12% when you pay money using Russky Standard in Russian Ruble.
    • 12% when you pay money using Sberbank in Russian Ruble.
    • 12% when you pay money using Tinkoff Bank in Russian Ruble.
    • 12% when you pay money using VTB24 in Russian Ruble.
    • 10% when you pay money using Visa & Mastercard in Euro.
    • 12% when you pay money using Visa & Mastercard in Russian Ruble.
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0 BTC: great news! at the moment there is no such a fee!

Are Zank fees high or low?

Now it's time to draw a conclusion: considering the average fee the exchange changes for an operation we can state that Zank charges a very high fees. According to our statistics, fairly big percent of the exchanges charge some less (although please be aware that it mostly depends on the exchange direction!) than Zank does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in EUR across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 5%, Zank charges 10% for this. Seems fair!

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies:

  1. Purchase limits (when you buy crypto).
    • ₽50 minimal buy and ₽655,758 max purchase when using AlfaBank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using Avangard Bank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using GazpromBank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using PromsvyazBank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using RNKB Bank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using Raiffeisenbank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using Rocketbank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using Russky Standard in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using Sberbank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using Tinkoff Bank in Russian Ruble.
    • ₽50 minimal buy and ₽655,758 max purchase when using VTB24 in Russian Ruble.
    • €1 minimal buy and €9,114 max purchase when using Visa & Mastercard in Euro.
    • ₽50 minimal buy and ₽655,758 max purchase when using Visa & Mastercard in Russian Ruble.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) Zank supports! Comparing to other exchanges, Zank has a very convenient buying/selling limits setup; the minimal amount is tiny and the max is high. Whatever amount you have in mind, you can exchange it at this Broker!

Supported countries

Platform allows the users from 254 countries to use the exchange. The following countries are supported by the broker:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • North Korea (KP)
  • Northern Mariana Islands (MP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • São Tomé & Príncipe (ST)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does Zank allow the users from United States (US)?

USA flag

Sorry, but the Zank can't provide the services to the citizens and residents of the United States of America at this time, due to the local regulations and licensing matters, etc. But there are no reasons to get disappointed because of that, there are plenty of great exchanges as well as the ones of Broker type, who warmly welcomes the American people! We can recommend you to look at these:

Customer service

According to the community and the exchange users' testimonials, Zank provides an excellent, exceptional quality customers support! The analysis of reviews is the following:

Perfect: 1 votes
Good: 0 votes
Average: 0 votes
Not so good: 0 votes
Poor: 0 votes

Verification at Zank

The broker requires it's clients to pass through obligatory user identification (account verification). The following procedures should be completed before the client will be able to buy and sell on the exchange:

  • ID verification
  • Address confirmation
  • Card verification (if you wish to use this payment method)

Standard (Level 1) verification allows you to purchase amounts up to €5000 in equivalent. If you wish to increase your limits further, there is an extended Level 2 verification with the video interview.

According to the data submitted by the customers with the reviews and testimonials, the average time the account verification takes is about 5-15 mins! The feedback is the following:

Verification is instant: 0 votes
Process takes less than 5 minutes: 0 votes
Verification is ready in 5-15 mins: 1 votes
It takes up to an hour to pass through the identification: 0 votes
KYC is usually completed in few hours: 0 votes
It takes up to 24 hours to verify your account: 0 votes
Verification process takes few days: 0 votes
User identification takes over a week: 0 votes

An excellent result! Verification just takes a little bit of your time and the best thing is that you do it only once.

Deposit/withdrawal speed

Although according to the data we have, the process of exchange is fully automated on this broker, you may face some delay when you send the money "outside", i.e. say you are withdrawing the BTC you purchased to your personal wallet. Let's see what other cryptocurrency enthusiasts say about how fast is Zank!

Exchange is instant, zero delay: 0 votes
It's near instant, process takes less than 5 minutes: 0 votes
Order should be ready in 5-15 mins: 1 votes
It may take up to an hour to get your funds: 0 votes
Orders are completed during few hours: 0 votes
It takes up to 24 hours to get your money: 0 votes
Exchange may take a few days: 0 votes
The delay can be over a week: 0 votes

Is Zank instant?

So, what can we see? According to the feedback we got from other users of this broker worldwide, Zank is almost instant, processing orders very fast: it delivers the funds in 15 minutes max! That's great to know!

Customers' testimonials

There are currently no users testimonials about the Zank. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about Zank

Does Zank holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is Zank a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is Zank licensed? Does it hold e-money license?

Yes, CryptoSystems OU (entity doing business as Zank exchange) is licenced and regulated financial company. It holds Cryptocurrencies exchange license and is regulated by the FIU of the Estonia.

Is Zank a ripoff?

It is not a ripoff, although we have not rated Zank yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is Zank legit or scam.

Zank vs other exchanges

Let's compare Zank to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

Zank vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker Zank is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 Zank started the business July 2018 (Bitonic is working for 6 years and 1 months longer time).
  • Bitonic has all the required business licenses and permissions Zank has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services Zank provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Bitonic supports 1 cryptocurrencies Zank allows to exchange 1 cryptos (Zank & Bitonic support the same number of digital currencys).
  • 1 fiat currencies are available at Bitonic You'll be able to use 2 fiat currencies to swap with digital ones at Zank (Zank supports 1 fiat currencies more).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks Zank allows the user to utilize 12 various fiat payment systems and/or banks (Zank supports 9 fiat payment systems and banks more).
  • Bitonic charges 0.0% fee Zank charges the client 10% — 12% fee, depending on the currency, payment system, etc. (Zank has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,766 Deposit/withdraw limits at Zank are $1 — $725,637 depending on the payment method (Zank has higher buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at Zank if you reside in one of 254 countries; unfortunately, United States is not among the supported ones (Zank supports more countries worldwide).
  • Our visitors rated customer care at the Bitonic 5.0 / 5.0 Customers' service at Zank exchange was rated 5.0 / 5.0 by our visitors (Zank & Bitonic provide the equal quality of customer support).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at Zank usually consists of 3 different procedures: id verification, address confirmation, card verification and the process usually takes about 5-15 mins (Zank 's KYC policy requires the customer to take less actions or to provide less data).
  • Due to results of community feedback, Bitonic process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Zank process deposit/withdrawal orders in about about 5-15 mins (although the exchange itself is instant) (Zank processes deposits and withdrawals slower).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 1 users testimonials about Zank, 100% are positive (Zank & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or Zank — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Zank vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker Zank is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 Zank started the business July 2018 (BTCBIT is working for 1 years and 1 months longer time).
  • BTCBIT has all the required business licenses and permissions Zank has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services Zank provides the same number of services as BTCBIT: it allows us to purchase and sell digital currencies.
  • BTCBIT supports 10 cryptocurrencies Zank allows to exchange 1 cryptos (Zank supports 9 cryptocurrencies less).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 2 fiat currencies to swap with digital ones at Zank (Zank supports 7 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks Zank allows the user to utilize 12 various fiat payment systems and/or banks (Zank supports 5 fiat payment systems and banks more).
  • BTCBIT charges 2% — 16% fee Zank charges the client 10% — 12% fee, depending on the currency, payment system, etc. (Zank & BTCBIT charge the customer with the equal fee level, more or less).
  • Buying limits at BTCBIT start from $50 and are up to $10,000 Deposit/withdraw limits at Zank are $1 — $725,637 depending on the payment method (Zank has higher buying/selling limits).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at Zank if you reside in one of 254 countries; unfortunately, United States is not among the supported ones (Zank supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. User identification at Zank usually consists of 3 different procedures: id verification, address confirmation, card verification and the process usually takes about 5-15 mins (Zank 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, BTCBIT process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Zank process deposit/withdrawal orders in about about 5-15 mins (although the exchange itself is instant) (Zank processes deposits and withdrawals slower).
  • Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 1 users testimonials about Zank, 100% are positive (Zank & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or Zank — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Zank vs XMLGold

Let's compare the key features of these two platforms to see which one suits you best:

  • XMLGold is a broker Zank is a broker, both are using the same business model.
  • XMLGold had started the business May 2006 Zank started the business July 2018 (XMLGold is working for 12 years and 1 months longer time).
  • XMLGold is an ordinary company without licenses, etc. Zank has all the required business licenses and permissions (Zank utilizes a safer and more stable business model).
  • Besides buying, selling and exchanging cryptocurrencies, XMLGold provides no extra services Zank provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • XMLGold supports 1 cryptocurrencies Zank allows to exchange 1 cryptos (Zank & XMLGold support the same number of digital currencys).
  • 2 fiat currencies are available at XMLGold You'll be able to use 2 fiat currencies to swap with digital ones at Zank (Zank & XMLGold support the same number of fiat currencys).
  • XMLGold accepts deposits from and allows withdrawals to 5 fiat payment systems / banks Zank allows the user to utilize 12 various fiat payment systems and/or banks (Zank supports 7 fiat payment systems and banks more).
  • XMLGold charges -1% — 1% fee Zank charges the client 10% — 12% fee, depending on the currency, payment system, etc. (Zank has higher fees, generally).
  • Buying limits at XMLGold start from $7 and are up to $433,808 Deposit/withdraw limits at Zank are $1 — $725,637 depending on the payment method (Zank & XMLGold have more or less the same buying/selling limits).
  • XMLGold allows registrations from 255 countries; United States is among the supported ones You may register at Zank if you reside in one of 254 countries; unfortunately, United States is not among the supported ones (Zank supports less countries).
  • During the account verification XMLGold usually asks for 1 document / procedure: (id verification) User identification at Zank usually consists of 3 different procedures: id verification, address confirmation, card verification and the process usually takes about 5-15 mins (Zank 's KYC policy requires the customer to take less actions or to provide less data).
  • Due to results of community feedback, XMLGold process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Zank process deposit/withdrawal orders in about about 5-15 mins (although the exchange itself is instant) (Zank processes deposits and withdrawals slower).
  • Our users left 5 testimonials about XMLGold, 100% of which are positive We've collected 1 users testimonials about Zank, 100% are positive (Zank & XMLGold share the same percentage of positive user reviews).

Although the final decision, which exchange — XMLGold or Zank — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Zank vs PayBis

Let's compare the key features of these two platforms to see which one suits you best:

  • PayBis is a broker Zank is a broker, both are using the same business model.
  • PayBis had started the business April 2015 Zank started the business July 2018 (PayBis is working for 3 years and 2 months longer time).
  • PayBis is an ordinary company without licenses, etc. Zank has all the required business licenses and permissions (Zank utilizes a safer and more stable business model).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services Zank provides the same number of services as PayBis: it allows us to purchase and sell digital currencies.
  • PayBis supports 8 cryptocurrencies Zank allows to exchange 1 cryptos (Zank supports 7 cryptocurrencies less).
  • 3 fiat currencies are available at PayBis You'll be able to use 2 fiat currencies to swap with digital ones at Zank (Zank supports 1 fiat currencies less).
  • PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks Zank allows the user to utilize 12 various fiat payment systems and/or banks (Zank supports 5 fiat payment systems and banks more).
  • PayBis charges 5% — 11% fee Zank charges the client 10% — 12% fee, depending on the currency, payment system, etc. (Zank & PayBis charge the customer with the equal fee level, more or less).
  • Buying limits at PayBis start from $20 and are up to $200,000 Deposit/withdraw limits at Zank are $1 — $725,637 depending on the payment method (Zank & PayBis have more or less the same buying/selling limits).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at Zank if you reside in one of 254 countries; unfortunately, United States is not among the supported ones (Zank supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) User identification at Zank usually consists of 3 different procedures: id verification, address confirmation, card verification and the process usually takes about 5-15 mins (Zank 's KYC policy requires the customer to take less actions or to provide less data).
  • Due to results of community feedback, PayBis process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Zank process deposit/withdrawal orders in about about 5-15 mins (although the exchange itself is instant) (Zank processes deposits and withdrawals slower).
  • Our users left 3 testimonials about PayBis, 100% of which are positive We've collected 1 users testimonials about Zank, 100% are positive (Zank & PayBis share the same percentage of positive user reviews).

Although the final decision, which exchange — PayBis or Zank — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Zank vs MagneticExchange

Let's compare the key features of these two platforms to see which one suits you best:

  • MagneticExchange is a broker Zank is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 Zank started the business July 2018 (MagneticExchange is working for 7 years and 1 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. Zank has all the required business licenses and permissions (Zank utilizes a safer and more stable business model).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services Zank provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • MagneticExchange supports 6 cryptocurrencies Zank allows to exchange 1 cryptos (Zank supports 5 cryptocurrencies less).
  • 5 fiat currencies are available at MagneticExchange You'll be able to use 2 fiat currencies to swap with digital ones at Zank (Zank supports 3 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 18 fiat payment systems / banks Zank allows the user to utilize 12 various fiat payment systems and/or banks (Zank supports 6 banks and fiat payment systems less).
  • MagneticExchange charges 3% — 17% fee Zank charges the client 10% — 12% fee, depending on the currency, payment system, etc. (Zank & MagneticExchange charge the customer with the equal fee level, more or less).
  • Buying limits at MagneticExchange start from $7 and are up to $8,302 Deposit/withdraw limits at Zank are $1 — $725,637 depending on the payment method (Zank has lower buying/selling limits).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at Zank if you reside in one of 254 countries; unfortunately, United States is not among the supported ones (Zank & MagneticExchange support the same number of countries and territories).
  • During the account verification MagneticExchange usually asks for 1 document / procedure: (id verification) User identification at Zank usually consists of 3 different procedures: id verification, address confirmation, card verification and the process usually takes about 5-15 mins (Zank 's KYC policy requires the customer to take less actions or to provide less data).
  • Due to results of community feedback, MagneticExchange process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Zank process deposit/withdrawal orders in about about 5-15 mins (although the exchange itself is instant) (Zank processes deposits and withdrawals slower).
  • Our users left 7 testimonials about MagneticExchange, 100% of which are positive We've collected 1 users testimonials about Zank, 100% are positive (Zank & MagneticExchange share the same percentage of positive user reviews).

Although the final decision, which exchange — MagneticExchange or Zank — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is Zank legit or scam?

Now it's time to draw a conclusion, is Zank a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign Zank a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the Zank:

  • It is licensed, regulatory compliant financial company
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • The website was launched rather recently; exchange was started 1 years and 5 months ago
  • Exchange supports 1 cryptocurrencies and 2 fiat ones (totally 12 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges very high fees: from 10% to 12% depending on the payment method
  • The purchase and withdrawal limits are high and you may exchange small amounts, if you wish to: from $1 to $725,637 USD, it depends on a payment system choice
  • Zank accepts the clients from 254 countries; unfortunately, users from United States are not permitted to use the service
  • Clients' testimonials are perfect, 100% (1 out of 1) note their positive experience dealing with Zank. According to the customers feedback:
    • Customer support is great
    • Deposits and withdrawals are very fast
    • Verification is really fast

Overall rating for Zank: N/A
Although we have not collected enough testimonials to assign a rating to Zank, we can pre-estimate the rating (considering there will be no user complaints) as 89/100.