Zoomex Exchange Review : Is it Safe or Legit?

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Zoomex, known as the House of Trading, was founded in 2021. Every day, about 1 million active traders access the exchange’s services. The exchange combines copy trading, CEX (Centralized Crypto Exchange), and DEX (Decentralized Exchange) both on one platform, provides leverage, and allows traders to begin with any amount. This article will teach us more about Zoomex through this Zoomex Exchange Review.

What is Zoomex? 

Zoomex is an excellent cryptocurrency exchange that started in 2021 and is currently situated in Singapore. It employs a novel framework where users can select between a centralized and decentralized exchange based on their preferences. Both versions of the platform offer unique features and alternatives for users.

Zoomex has made it simple to purchase cryptocurrencies with fiat assets via the platform’s payment channels. Users can access over 300 crypto assets and trade both spot and derivative products, such as inverse perpetual and USDT perpetual contracts. The exchange is available worldwide but is notably popular in Korea, Japan, Europe, and South Asia.

Zoomex Exchange Review : Is It Safe Or Legit?
Zoomex Exchange Review

Why choose Zoomex? 

  • Zoomex, a unique cryptocurrency trading platform, strongly emphasizes user privacy. Unlike many other platforms, it does not require KYC verification, ensuring complete anonymity.
  • This commitment to user anonymity is a testament to their dedication to keeping your data private and secure, providing peace and security to new and seasoned traders.
  • Zoomex has reliable and robust market-making (MM) capabilities. Thanks to the Zoomex team’s expertise, they provide top-tier liquidity and smooth and efficient trading experiences.
  • At Zoomex, security and regulatory standards are taken really seriously. With the recent launch of DEX, they ensure that all transactions adhere to current legislation, creating a secure and legitimate trading environment you can trust.ย 
  • Zoomex offers a Customer-Centric Approach where the customer’s voice comes first. In response to survey and report comments, they constantly improve our platform. This focus on user happiness distinguishes us from the competition.
  • To recruit and retain active users, Zoomex runs several campaigns, including global trading contests (ZWTC), welcome campaigns, and special events such as World Cup and Euro Cup promotions. They often offer captivating freebies, like Tesla distributions.
  • Zoomex issued its native token at a crucial time, unlike competitors who did it earlier. In 2024, our followers can discover and trade this new token.

Zoomex Exchange Review: Productsย 

  • Zoomex has earned a reputation for integrating both centralized (CEX) and decentralized (DEX) trading features onto its platform. 
  • The decentralized version offers superior security and no intervention from third parties to disrupt your trading experience. You may connect your crypto wallet (such as Metamask) to the exchange and begin trading immediately without giving any ID.
  • On the other side, Zoomex manages the centralized exchange, which has a beginner-friendly structure.
  • At the same time, the exchange caters to various trading styles by providing leverage choices up to 1:150. This enables traders to maximize possible rewards while limiting risk exposure.
  • The exchange has a copy trading tool that allows customers to automate their trading process by replicating the deals of successful traders.
  • Zoomex users can trade spot and derivatives, such as inverse and USDT perpetual contracts. 
  • Inverse perpetual contracts use the coin as collateral and are confined to the most prominent cryptocurrencies. USDT perpetual contracts, on the other hand, use Tether (USDT) as collateral, making it possible to trade a larger range of cryptocurrencies.
  • Zoomex’s unique offering goes beyond traditional trading. It offers a broad choice of intriguing activities that allow users to enjoy fun and excitement while navigating the markets.
Zoomex Exchange Review : Is It Safe Or Legit?
Zoomex Exchange Review : Products

Zoomex Exchange Review: Services 

  • Zoomex accepts fiat currencies for BTC and USDT purchases and a variety of payment options such as PayPal, bank transfers, credit/debit cards, and e-wallets. Fiat transactions are rapid, frequently taking barely a minute.
  • It allows users to trade more than 250 cryptocurrencies across a wide range of trading pairings. Some popular coins include BTC, ETH, SOL, GMT, SAND, MATIC, APE, ARP, and ATOM.
  • You can also get VIP status if you hit $ 10,000,000 in your last 30-day trading volume to earn different VIP-exclusive benefits that include up to 1600$ rewards and a level-up fee discount. Receive gifts and surprises on special occasions, including your birthday.                                                          
  • Zoomex rewards you for introducing new users to their platform. The basic referral program is for casual cryptocurrency traders who invite friends to join Zoomex. 
  • In the trading world, please take advantage of their special 30% commission reduction, which sets the industry standard as the lowest cost possible. Take advantage of this offer and receive a $5 USDT incentive for trading at least $10,000.
  • The affiliate program pays up to 40% of the trading fees of registered users via their partner links.
Zoomex Exchange Review : Is It Safe Or Legit?
Zoomex Exchange Review : Services

Zoomex Review: Trading Tools

  • Zoomex’s spot trading function provides customers with a simple and efficient way to purchase and sell cryptocurrencies in real-time. It also gives customers access to a diverse choice of digital assets and the ability to perform instant transactions.
  • Zoomex’s capital growth program is a golden opportunity for traders to double their trading funds.ย 
  • During the super subsidy event, eligible customers can receive a subsidy of up to 10,000 USDT, significantly boosting their trading potential.ย 
  • Zoomex is a futures exchange specializing in leverage, with a maximum of 150x to accommodate a wide range of trading tastes.
  • Zoomex’s copy trading tool provides newbies the ideal opportunity to learn from more experienced traders.
  • Copy traders have two options: one-click follow, which mirrors everything the order taker is doing.
  • This includes trading pairs, margin settings, leverage, stop loss, and more, as well as customization, which allows you to specify your own parameters, such as fixed margin and leverage.
  • Zoomex supports USDT perpetual contracts, but inverse perpetual contracts are only available for BTC, ETH, XRP, and EOS, which are traded and settled with the underlying asset.ย 
  • Major cryptocurrencies, such as BTC and ETH, can be traded at 100x leverage, while XRP and EOS are available at 50x.
  • The Zoomex’s K-line charts provide millisecond precision, resulting in an extraordinarily smooth trading experience.ย 
  • The fluid candlestick portrayal represents the exchange’s stability and order execution efficiency, allowing traders to respond quickly to real-time market data.

Zoomex Exchange Review: Security

  • The platform recommends you bind your accounts with Google Authenticator (2FA) as soon as you log in. 
  • A multi-signature cold/hot wallet technology safeguards your valuables.
  • Client funds are stored in cold wallets with many authorization levels, ensuring maximum security.
  • Zoomex has a US MSB license and is regulated by FinCEN.
  • Withdrawal requests from individual accounts are thoroughly reviewed.

Zoomex Exchange Review: Deposit and Withdrawal 

Zoomex Exchange Review: Deposit 

  • Step 1: If you have an account on Zoomex, go to the homepage navigation bar and click “Assets.”
  • Step 2: Once on the asset page, find the “Deposit” button on any of the following pages: Asset Overview/Funding/Contract Accounts. Locate and click the button to access the deposit page.
  • Step 3: Once on the deposit page, select the following options: Deposited Coins, Deposit Network, and Deposit Account.
  • After making your selections, you can scan the QR code under “Deposit Address” to deposit funds or click the icon next to the address to copy the deposit address.
  • Step 5: To view the deposit completion status, select “On-Chain Deposit.” Then, click “View Details” to see more information.
  • Depending on the coin you choose, there are different deposit limits. 

Zoomex Exchange Review: Withdrawal 

  • Step 1: To access the asset page, click the “Asset” button in the top right corner of the homepage navigation bar.
  • Step 2: Once on the asset page, there is a “Withdraw” button in both the Asset Overview and the Funding Account. To visit the withdrawal page, click the “Withdraw” button.
  • Step 3: Choose the withdrawal option that best suits your condition.
  • Step 4: Enter the necessary information in the Withdraw on Chain/Platform Internal Transfer form.
  • Step 5: After clicking “All Records” on the asset page, click “Withdraw” on the Transaction page to check the withdrawal record and status, and select “On-chain withdrawal or Platform Internal Transfer” through “Type.”

Zoomex Exchange Review: Fees 

  • Zoomex does not charge fees for depositing cryptocurrency on its platform. However, if you want to buy BTC or USDT with fiat, you must pay a transaction fee, which varies depending on the third-party merchant you select.
  • Spot trading fees are 0.1% for both makers and takers.
  • Zoomex charges identical fees for USDT and inverse perpetual contracts. Makers are charged 0.02%, while takers are charged 0.06%.
  • Zoomex also offers a variety of programs in which you may earn bonuses and discounts by participating. These can be used to offset the trade fee imposed.
  • Zoomex does not support fiat withdrawals. Crypto withdrawal costs differ based on the coin you intend to withdraw.

Zoomex Exchange Review: Customer Support

  • They offer 24-hour customer care and thorough trading help. If you have any problems using Zoomex, please email [email protected].
  • Zoomex has created a Help Center to help users learn more about cryptocurrency and ideas such as trading, web 3.0, and investing.
  • Zoomex provides live chat help for anyone experiencing trouble with this platform. The chat option is in the bottom right corner of the website; when you open it, you will be greeted by a bot. 
  • If the bot cannot direct you to the correct information, you will be placed in a queue for live chat agents.
  • You can also reach out to them on their social media channels, including Twitter, Telegram, and Discord. 
Zoomex Exchange Review : Is It Safe Or Legit?
Zoomex Exchange Review : Customer Support

Zoomex Exchange Review: Mobile App 

  • Zoomex offers professionally developed mobile apps for Android and iOS devices for free. 
  • The app has all the features, services, and tools on the desktop site. You can acquire USDT or BTC using the fiat gateway and trade using the optimized mobile interface.
  • Their mobile app will let you monitor the performance of your cryptocurrency holdings on the exchange and trade them while on the go.
Zoomex Exchange Review
Zoomex Exchange Review : Mobile app

Conclusion 

Using cutting-edge blockchain technology, the platform envisions a future in which technology may greatly improve lifestyle choices and increase asset values. Zoomex’s objective is to provide a premium online cryptocurrency trading environment to an ever-expanding clientele, fostering a culture of sound investment decisions. Zoomex, which focuses on superior trading solutions, has an excellent roster that includes USDT perpetual contract trading for over 300 cryptocurrency options, giving consumers many trading opportunities.

What cryptocurrency assets can be traded on Zoomex?

Zoomex allows customers to trade over 300 crypto assets. When trading, you may also pick between inverse and USDT perpetual contracts.

Is Zoomex a platform suitable for beginners?

Zoomex is a user-friendly platform with a simple structure and interface that everyone can grasp. To get started, you must enter your email or phone number and password to gain full access to their features.

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Neha Varshney
Neha Varshney

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