ZOOMEX Cryptocurrency Exchange Review : Pros & Cons

About ZOOMEX

Founded in 2021, ZOOMEX operates a crypto asset trading platform with the most advanced technology and aims to lead the future of digital financial platforms around the world. Keen on the changing industry trends, Zoomex takes a step forward leveraging the company’s core competencies. The mission statement for Zoomex is to revolutionize the current industry and become a pioneer in the field.

Now, Zoomex prepares to provide the most caring services to all traders, endeavor to create a playground for enthusiastic traders all over the world, so they could not only enjoy the profit, but also the process of utilizing all professional tools provided by Zoomex.

Information Table

How To Register At ZOOMEX Exchange?

To register on ZOOMEX, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your ZOOMEX Cryptocurrency Account ?

There is no mandatory verification at ZOOMEX, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 0.00025 BTC. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the ZOOMEX, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At ZOOMEX Crypto Exchange?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From ZOOMEX Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your ZOOMEX Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

ZOOMEX Fees

ZOOMEX, like many other trading platforms, charges fees for its services. These fees can include trading commissions, financing charges, withdrawal fees, and other charges. It’s important to understand the fees associated with using the platform before making a decision to trade.

Trading commissions

ZOOMEX may charge a commission on each trade, which is a percentage of the value of the trade.

Financing charges

If traders hold positions overnight, they may be subject to financing charges, which are calculated based on the interest rate of the underlying instrument and the duration of the position.

Withdrawal fees

ZOOMEX may charge a fee for withdrawing funds from the platform, and this fee may vary based on the withdrawal method and the amount being withdrawn.

Inverse Contract

Features Of ZOOMEX Crypto Exchange

Available At Android & IOS Store

ZOOMEX Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Access to multiple financial markets

ZOOMEX provides users with access to a variety of financial markets, including stocks, bonds, currencies, commodities, and more.

Advanced trading tools

The platform offers advanced trading tools, such as charting and analysis tools, market news and research, and access to advanced trading algorithms.

Fast execution

ZOOMEX has a fast execution system, allowing traders to place trades quickly and efficiently.

Mobile trading

The platform offers a mobile app, allowing traders to execute trades and monitor their portfolios from anywhere using a mobile device.

Customer support

ZOOMEX provides 24/7 customer support, helping traders to resolve any issues they may encounter while using the platform.

User-friendly interface

The platform has a user-friendly interface, making it easy for traders of all experience levels to navigate and execute trades.

Security

ZOOMEX implements advanced security measures to protect user information and assets.

Deposits and withdrawals

ZOOMEX allows traders to deposit and withdraw funds quickly and easily using a variety of methods, including credit and debit cards, bank transfers, and online payment methods.

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

ZOOMEX Conclusion

ZOOMEX is a trading platform that provides users with access to multiple financial markets, including stocks, bonds, currencies, commodities, and more. It offers advanced trading tools, fast execution, and 24/7 customer support. However, it’s important to understand that trading in financial markets involves a significant amount of risk and the value of your investments can fluctuate rapidly and unpredictably. ZOOMEX may also charge fees for its services, including trading commissions and other charges, which can impact your overall returns.

Additionally, ZOOMEX operates in a largely unregulated market, and there may be a risk of fraud or other types of unethical behavior. Before using ZOOMEX, it’s important to weigh the pros and cons carefully and to thoroughly understand the risks involved. It’s also important to consider the fees associated with using the platform and to compare them with other trading platforms to ensure that you are getting a good deal. In summary, while ZOOMEX can be a useful tool for traders, it’s essential to approach it with caution and to fully understand the risks and costs involved.