ZEN is a well-known and trustworthy digital platform for online payments in Europe. In terms of payment processing and card data security, it conforms to numerous international requirements. By facilitating seamless and secure transfers to legally authorized digital asset exchanges, it expands its value in the cryptocurrency market. ZEN gives consumers a trustworthy conduit so they may invest in cryptocurrencies like Ethereum and Bitcoin with confidence.
One of the best options for ZEN users eager to buy cryptocurrencies is Bybit. This crypto exchange offers a smart trading system, a 100K TPS Matching machine and a significant market depth.
Can I Buy Crypto With ZEN?
ZEN can be used to buy cryptocurrencies through Bybit. ZEN allows clients to explore the world of cryptocurrencies using their bank accounts. To invest in Bitcoin or other forms of digital currency, you must register with a reputable cryptocurrency exchange that accepts Euro transactions. The recommended, safe, and reliable exchange platform for ZEN users is Bybit.
How to Buy Crypto With ZEN
ZEN clients interested in cryptocurrencies can use Bybit, one of the biggest crypto exchanges in the world with unrivaled trading possibilities, unwavering dependability, and ongoing innovation. Bybit makes euro deposits accessible via various payment options, including card payments, SEPA, and direct bank transfers.
Thanks to its vast assortment of over 800+ spot, futures, options, and perpetual trading pairs and contracts, Bybit is a comprehensive option for investors wanting to buy cryptos with ZEN.
This is your step-by-step guide for using Bybit to start investing in cryptocurrencies with ZEN:
- Creating an Account: Register by going to Bybit’s official website. To strengthen security measures, complete the procedures to validate your account.
- Identity verification: Click on the profile icon in the upper right corner of the navigation bar, then tap on the Account & Security page. Click on Verify Now beside the Identity Verification column (under Account Info) to proceed to the Identity Verification page. Click on “Verify Now” to start verifying your identity. Select the country or region that issued your ID and the type of identity document, then complete your facial recognition with a camera.
- Deposit Funds Into Your Account: To manage your investment capital, navigate to your dashboard’s ‘Deposit’ section. You can find it in the top right corner. Make sure you go to the Fiat deposit section, which is different from the crypto deposit section.
- Select a Payment Method: Select ‘EUR’ as your preferred currency unit. Select a payment option that works perfectly with your ZEN account to facilitate seamless transactions.
- Begin Your Crypto Adventure: After funding your account, use the Bybit spot trading to choose and buy or sell digital currencies.
Before establishing a connection, verify that the following details are identical in the ZEN and ByBit accounts: name, surname, phone number, email address, and document used. If the information above does not match what is on your accounts, you must update it.
What Are The Fees?
ZEN users interested in cryptocurrency trading should know the accompanying transaction costs. In addition to trading commissions and spreads—the difference between the price of purchasing and selling an asset—these fees may also include costs for deposits and withdrawals.
The ZEN deposit fee on Bybit is 0.92% of the total amount being deposited and zero withdrawal costs.
Trading fees are additional transaction expenses you pay when placing an order on a marketplace exchange. The spot trading fees on Bybit are 0.1% for makers and takers.
Exchanges’ primary source of commission revenue is the volumes traded on them. But fees aren’t limited to trades—they also apply to deposits and withdrawals, funding fees, costs associated with margin and leverage, and even bid-ask spread expenses.
As with any transaction, it’s critical to comprehend the cost structures before immersing yourself in the trading experience. Bybit determines reasonable trading costs that increase order book liquidity through a streamlined maker/taker mechanism.
After you comprehend the charge schedule, you can confidently trade on Bybit. Here is a comprehensive fee structure.
About ZEN
Founded in Poland in November 2020, ZEN is a global fintech startup and an electronic money institution (EMI). According to the company’s founder, the term “ZEN” means “zero-effort non-bank,” suggesting that this EMI was created to assist its clients in easily managing their funds.
The company was issued a license for digital money by the Central Bank of Lithuania. As a result of its strategic agreement with Mastercard, ZEN provides financial services in over 30 countries, primarily in Europe. ZEN makes it simple for consumers to switch between fiat money and cryptocurrencies by connecting cryptocurrency wallets to the global financial system.
Bottom Line
For users looking for a secure way to buy cryptocurrencies, ZEN is a trustworthy link to licensed exchanges such as Bybit, which we strongly recommend. Bybit guarantees the safety and legality of your digital asset transactions with instant Euro deposits and a strict focus on compliance with European standards.
Based on our assessment, Bybit is noteworthy for its ZEN compatibility, affordable transactions, fast transfers, and a large assortment of digital assets. Bybit offers a shrewd, user-friendly trading platform that makes it simple and dependable to purchase, sell, trade, and earn an annual percentage yield (APY) on your committed cryptocurrency holdings in Bybit investment plans. Bybit is easy to use once you’ve finished the quick KYC process.
