Bit-Z

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Bit-Z
Bitz-logo.jpg
Founded 2016
Headquarters Hong Kong
Products Cryptocurrency exchange
Twitter @BitZ_Group
Facebook Page
Website Bit-Z Home

Bit-Z is a Hong Kong based cryptocurrency-to-cryptocurrency exchange, which offers more than 200 trading pairs.

In late March 2019 Bit-Z was ranked second by the U.S. dollar value of its traded volume according to CoinMarketCap, an online industry statistics reporting service.[1] Its trading volume reporting has attracted attention because it uses the so-called "transaction fee mining" model for payment of exchange fees. According to its white paper, Bit-Z's BZ coin is created when a user pays its fees in cryptocurrency and the exchange reimburses the fee with BZ, thus incenting valueless trading in order to pay fees which are reimbursed.[2]

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