How much does it cost to buy ZetaChain (ZETA) coins on different platforms?

Binance charges a 0.1% trading fee and a 0.1% trading fee, while Coinbase charges a maker-taker fee structure that varies based on trading volume.

Dec 21, 2024 at 11:49 am

Key Points

• Understanding the Fees Associated with ZETA Purchases on Different Platforms
• Step-by-Step Guide to Buying ZETA Coins on Binance
• Exploring the Process of Purchasing ZETA on Coinbase
• Analyzing the Costs and Steps for Acquiring ZETA on Kraken
• Unveiling the Fees and Procedures for Buying ZETA on KuCoin

Step-by-Step Guide to Buying ZETA Coins on Different Platforms

Binance

Steps:

1. Create a Binance account: Register for a Binance account and complete the verification process.
2. Deposit funds: Fund your Binance wallet with a supported cryptocurrency or fiat currency.
3. Search for ZETA: Navigate to the "Markets" tab and search for the ZETA/BTC trading pair.
4. Place a buy order: In the "Buy" section, enter the amount of ZETA you wish to purchase and the price you are willing to pay.
5. Confirm trade: Review the order details and click "Buy ZETA" to execute the trade.

Fees:

• Trading fees: Binance charges a 0.1% trading fee for maker orders and a 0.1% trading fee for taker orders.
• Deposit fees: Deposits in supported cryptocurrencies are typically free, while fiat currency deposits may incur a small fee.
• Withdrawal fees: The ZETA withdrawal fee on Binance is 0.1 ZETA.

Coinbase

Steps:

1. Create a Coinbase account: Register for a Coinbase account and verify your identity.
2. Link a payment method: Connect your bank account or debit card to your Coinbase wallet.
3. Convert currency: Convert your linked currency (e.g., USD) to a cryptocurrency like BTC or ETH that supports ZETA trading.
4. Trade for ZETA: Use your converted cryptocurrency to purchase ZETA on the Coinbase Pro platform.

Fees:

• Trading fees: Coinbase Pro charges a maker-taker fee structure that varies based on trading volume.
• Conversion fees: Coinbase charges a spread fee (conversion fee) for converting fiat currency to cryptocurrencies.
• Withdrawal fees: Coinbase charges a fee of 0.0004 ZETA for ZETA withdrawals.

Kraken

Steps:

1. Create a Kraken account: Register for a Kraken account and complete the identity verification process.
2. Deposit funds: Deposit USD or a supported cryptocurrency into your Kraken wallet.
3. Navigate to ZETA market: Search for the ZETA/USD trading pair under the "Markets" tab.
4. Place a buy order: Enter the amount of ZETA you wish to purchase and the order type (limit order, stop-limit order, etc.).
5. Execute trade: Review the order details and click "Place Buy Order" to execute the trade.

Fees:

• Trading fees: Kraken charges varying maker-taker fees based on trading volume.
• Deposit fees: Deposits in USD and certain cryptocurrencies are free, while other cryptocurrencies may incur fees.
• Withdrawal fees: The ZETA withdrawal fee on Kraken is 1 ZETA.

KuCoin

Steps:

1. Create a KuCoin account: Register for a KuCoin account and complete the basic verification process.
2. Deposit funds: Transfer BTC or USDT to your KuCoin account using the provided wallet address.
3. Trade for ZETA: Navigate to the "Markets" tab, search for the ZETA/BTC or ZETA/USDT trading pair, and execute a buy order.

Fees:

• Trading fees: KuCoin charges a 0.1% taker fee and a 0.08% maker fee.
• Deposit fees: Deposits in BTC and USDT are typically free.
• Withdrawal fees: The ZETA withdrawal fee on KuCoin is 0.1 ZETA.

FAQs

What is ZETA (ZetaChain)?

ZetaChain is a decentralized blockchain aiming to enable cross-platform interoperability and transaction finality among different blockchains, such as Bitcoin, Ethereum, and Solana.

Why buy ZETA?

ZETA is the native token of the ZetaChain platform. It is used for various purposes within the ecosystem, including:

• Transaction fees
• Governance participation
• Network security
• Community incentives

How much does it cost to withdraw ZETA?

The withdrawal fee for ZETA varies depending on the platform:

• Binance: 0.1 ZETA
• Coinbase: 0.0004 ZETA
• Kraken: 1 ZETA
• KuCoin: 0.1 ZETA