Overview

Zoomex, founded in 2021 in the bustling financial hub of Singapore, has swiftly positioned itself as a formidable player in the cryptocurrency trading arena. From the brainchild of former executives from Binance and Bybit, Zoomex offers a blend of centralized (CEX) and decentralized (DEX) trading solutions, catering to a broad spectrum of traders worldwide. With a user base exceeding 2 million across more than 30 countries, Zoomex supports an extensive range of over 300 perpetual contracts, providing leverage options up to 150x. This review dives deep into Zoomex’s offerings, highlighting its innovative features, competitive fees, and robust security measures.

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Key Features

  • No KYC: Trade without the need for identity verification.
  • Perpetual Contracts: Over 300 contracts with high leverage options.
  • Copy Trading: Mimic the trades of successful traders.
  • Advanced Order Matching: Efficient trade execution with cutting-edge technology.
  • Multilingual Support: Comprehensive customer service in multiple languages.
  • Decentralized Exchange Options: Blend of CEX and DEX services.
  • Fiat-to-Crypto Purchases: Convenient fiat purchases through third-party services.
  • Educational Resources: Rich educational content for traders.
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Registration and Verification

Signing up on Zoomex is designed to be user-friendly, ensuring even the most novice traders can start trading swiftly. Here’s a step-by-step guide:

Step-by-Step Registration

Registering on Zoomex is a seamless process designed to get you trading quickly while ensuring your account’s security. Follow these detailed steps to create your account and complete the necessary verifications:

Step 1: Sign Up

  • Visit the Website: Open your preferred web browser and navigate to this link https://i.zoomex.com/1abrZjMg
  • Initiate Registration: Click on the “Sign Up” button located at the top right corner of the homepage. This will redirect you to the registration form.

Step 2: Provide Information

  • Enter Your Email: In the registration form, input your active email address. Ensure this is an email you have access to, as it will be used for verification and communication.
  • Create a Password: Choose a strong password for your account. It should be a mix of letters, numbers, and special characters to enhance security. Avoid using easily guessable passwords like “123456” or “password.”
  • Accept Terms and Conditions: Carefully read the terms and conditions of Zoomex. Once reviewed, check the box to agree to these terms. This step is crucial as it outlines your rights and responsibilities as a user.

Step 3: Verify Email

  • Receive Verification Email: After submitting the registration form, Zoomex will send a verification email to the address you provided.
  • Click Verification Link: Open the email from Zoomex and click on the verification link. This action confirms that the email address is valid and that you have access to it. If you don’t see the email in your inbox, check your spam or junk folder.
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Trading Interface

Zoomex boasts a sleek and intuitive trading interface, equipped with advanced charting tools and real-time market data. It caters to both beginners and seasoned traders by providing a range of order types and analytical tools.

Key Trading Tools

  • Charting Tools: Access to various indicators and drawing tools for detailed analysis.
  • Order Types: Market, limit, and stop orders available.
  • Market Data: Real-time price, volume, and order book data.
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Fees and Costs

Zoomex offers a competitive fee structure, making it an attractive option for traders. Below is a detailed breakdown:

Fee TypeRateDescription
Trading FeesMaker: 0.02%Applied to limit orders that add liquidity to the order book.
Taker: 0.06%Applied to market orders that remove liquidity from the order book.
Withdrawal FeesVaries by cryptocurrencyWithdrawal fees depend on the specific cryptocurrency being withdrawn.
Deposit FeesFreeZoomex does not charge any fees for cryptocurrency deposits.
Fiat Purchase FeesVaries by providerFees for purchasing cryptocurrencies with fiat depend on the third-party service used.

Security Features

Zoomex prioritizes the security of its users’ assets and data through a multi-faceted approach. Here’s an in-depth look at their security measures:

Cold and Hot Wallets

Zoomex employs a combination of cold and hot wallets to manage user funds. Approximately 95% of assets are stored in cold wallets, which are offline and immune to hacking attempts. The remaining 5% are kept in hot wallets for daily transactions, ensuring liquidity while maintaining security.

Multi-Signature Wallets

To further bolster security, Zoomex uses multi-signature technology. This means that multiple approvals are required to authorize transactions, significantly reducing the risk of unauthorized access. Multi-signature wallets ensure that no single individual has control over the funds, enhancing security and trust.

Encryption

Zoomex utilizes advanced encryption protocols to safeguard user data and communications. End-to-end encryption ensures that all data transmitted between users and the platform is secure and cannot be intercepted by malicious actors.

Two-Factor Authentication (2FA)

Two-Factor Authentication (2FA) is a mandatory security feature on Zoomex. By requiring a second form of verification, usually a code sent to a user’s mobile device, 2FA adds an extra layer of protection to user accounts, making it significantly harder for unauthorized users to gain access.

Customer Support

Zoomex is committed to providing excellent customer service, ensuring users have access to help whenever they need it. Here’s a breakdown of their support channels:

Support Channels

  • Email Support: Users can reach out via email for detailed inquiries. This is ideal for more complex issues that require in-depth responses.
  • Live Chat: Available 24/7, the live chat feature offers immediate assistance. This is particularly useful for urgent issues that need quick resolution.
  • Help Center: The Help Center is a comprehensive resource with FAQs, guides, and troubleshooting tips. It covers a wide range of topics and can often help users resolve issues without needing to contact support.
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Educational Resources

Zoomex provides a wealth of educational resources designed to enhance traders’ knowledge and skills. These resources cater to both beginners and experienced traders.

Available Resources

  • Articles: In-depth articles on a wide range of topics, including cryptocurrency, blockchain technology, and trading tips. These articles are regularly updated to reflect the latest trends and developments in the industry.

Pros and Cons

Pros

No KYC Required

  • Anonymity Guaranteed: Zoomex prioritizes user privacy by not requiring KYC (Know Your Customer) verification. This commitment to user anonymity ensures that data remains private and secure, offering peace of mind to both new and experienced traders.

Solid Liquidity

  • Robust Market Making: The platform boasts reliable and robust market-making (MM) capabilities. With the expertise of the Zoomex team, top-tier liquidity is offered, ensuring smooth and efficient trading experiences.

Commitment to Security and Compliance

  • Secure and Compliant: Zoomex upholds stringent security measures and regulatory standards. With the introduction of their DEX, all transactions comply with existing regulations, fostering a secure and legitimate trading environment. The exchange has an impeccable security record with no incidents to date.

Responsive to User Feedback

  • Customer-Centric Approach: At Zoomex, the customer’s voice is paramount. The platform is continuously developed based on feedback from surveys and reports. This commitment to user satisfaction sets Zoomex apart from competitors.

Diverse Events and Generous Rewards

  • Engaging Campaigns: To attract and retain active users, Zoomex hosts a variety of campaigns, including global trading competitions (ZWTC), welcome campaigns, and special events like World Cup and Euro Cup promotions. Exciting giveaways, such as Tesla distributions, are also featured.

Zoomex Native Token

  • Innovative Token Launch: Unlike competitors who launched native tokens early on, Zoomex has strategically timed the introduction of their native token. In 2024, followers will be able to discover and trade with this new token, reinforcing the platform’s growth and innovation.

Cons

  • Limited Fiat Options: Fiat-to-crypto purchases are available through third-party services, which may incur additional fees. This can be a drawback for users looking to deposit fiat currency directly onto the platform.
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Frequently Asked Questions (FAQ)

What is Zoomex?

Zoomex is a cryptocurrency trading platform that offers both centralized and decentralized trading options. Founded in 2021 in Singapore, the platform supports over 300 perpetual contracts and provides leverage up to 150x.

How do I register on Zoomex?

To register on Zoomex, visit their website and click “Sign Up”. Enter your email, create a password, and accept the terms and conditions. Verify your email by clicking the link sent to your inbox.

What security measures does Zoomex have?

Zoomex employs multiple security measures, including cold and hot wallets, multi-signature technology, advanced encryption protocols, and Two-Factor Authentication (2FA). These measures ensure the safety of user assets and data.

What fees does Zoomex charge?

Zoomex has a competitive fee structure, with trading fees set at 0.02% for maker orders and 0.06% for taker orders. Withdrawal fees vary by cryptocurrency, and there are no fees for cryptocurrency deposits. Fiat purchase fees depend on the third-party service used.

Does Zoomex offer customer support?

Yes, Zoomex offers comprehensive customer support through email, live chat, and a detailed Help Center. Support is available 24/7 in multiple languages.

What educational resources are available on Zoomex?

Zoomex provides a range of educational resources, including tutorials, webinars, and articles. These resources cover various topics related to cryptocurrency trading and blockchain technology.

Can I trade with leverage on Zoomex?

Yes, Zoomex offers leverage up to 150x for futures trading, allowing traders to maximize their potential profits.

Zoomex stands out as a versatile and secure platform, catering to the needs of a diverse range of traders. Whether you’re just starting out or are an experienced trader, Zoomex provides the tools and features needed to succeed in the fast-paced world of cryptocurrency trading. For more information and to start trading, visit Zoomex.

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