Established in November 2018, Zebitex is a centralized European cryptocurrency exchange, based in Toulouse, France. Zebitex is founded by Christophe Villegas and Pierre-Guy Bareges, two widely-renowned figures on the French cryptocurrency stage. Zebitex is the third company in the portfolio of Villegas’ and Bareges’ Digital Service Group. The founders are also running the highly-successful and trusted ZeBitcoin exchange and DigyCode, the first prepaid service in France that allows for the exchange of euros against cryptocurrencies. All three companies have a clear history and reputation.
Although Zebitex was found at the end of 2018, it stepped on firm ground with the team’s substantial expertise in developing and managing cryptocurrency exchange businesses. ZeBitcoin, the other exchange in the founders’ portfolio of companies, has been around since 2016. The idea behind the launch of Zebitex was to capitalize on ZeBitcoin’s momentum and provide another trusted and transparent exchange to the French and European crypto community.
Zebitex’s primary goal is to offer a smooth and comfortable way for users to trade cryptocurrencies against the Euro. The exchange provides hundreds of active pairs quoted in EUR, BTC, ETH, and USDT. Users’ accounts can be funded directly by a SEPA transfer or credit cards at fees, way lower when compared to those of the exchange’s main European competitors. Thanks to the fact that Zebitex does not rely on venture capital funding or other external investment schemes, it provides its clients with a flexible fee policy.
Zebitex offers an affiliate program as well. The two-level referral program allows clients to earn cryptocurrencies on each trade and obtain commissions for referrals and sub-referrals, as well as their trades. The goal behind the affiliate program is to award users who contribute to the formation of a community.
At the time of this writing, there are no reported customer support-related issues. Zebitex’s team eases the communication with their clients by using a live chat feature and a ticket-based support function which shortens the time needed to respond to users’ queries.
When it comes to security measures, Zebitex states on its website that it is adequately protected against DDoS attacks and employs full data encryption. It also adds that the exchange is compliant with PCI DSS standards. As an additional safety measure, Zebitex ensures its clients that it keeps more than 95% of their funds in a Ledger Vault from Ledger™. To further enhance the secure exploitation of the exchange, the team behind the project has also developed a propriety system called “Hardware Security Module” (HSM). The HSM is a multi-signature management system that generates, stores and protects cryptographic keys for exotic assets, unsupported by the other employed protection systems.
At the time of this writing, Zebitex hasn’t reported any security-related issues, malicious attacks, or hacks. The case is the same with Zebitex’ predecessor, ZeBitcoin. Considering the fact that exchange steps on the technology, employed by ZeBitcoin, it is understandable why it has managed to remain stable and secure.Read More