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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Zoomex Review: The New Crypto Exchange with Many User-Focused Features

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The post Zoomex Review: The New Crypto Exchange with Many User-Focused Features appeared first on Coinpedia Fintech News

Since launching in 2021, Zoomex has quickly made a name for itself as a crypto exchange with a large crowd of customers. It offers both centralized and decentralized trading options, making it a flexible choice for today’s traders.

Zoomex balances privacy with powerful trading features. It currently supports over 300 futures contracts with leverage up to 150x. The wide options make the trading experience flexible for traders, while the leverage helps them handle more funds than they have in their accounts, positioning them to potentially make more money.

Zoomex has been able to gather more than 2 million users in over 30 countries within just two years of operation, as more people want to enjoy its flexible and user-centric trading model.

Users’ Data Is Not Exposed: No KYC Required

Zoomex does not mandate users to carry out KYC verification. This means that they can trade without having to share personal information with any third-party agent. This unique approach to privacy and keeping users’ data safe is also attracting users to the ecosystem.

Many more people are looking for ways to keep their financial activities private, and such a model is an easy top choice for them.

Despite not requiring KYC, Zoomex hasn’t ignored security. It claims to have had zero security incidents so far, which is reassuring. Its newer decentralized exchange option also aims to comply with regulations while maintaining security.

Zoomex has also partnered with Hacken, a world-renowned blockchain security organization, for a detailed security audit. The partnership is aimed at identifying various vulnerabilities and solving them to continue to ensure user safety and the best security measures.

Enough Liquidity for the Best Trading Experience

There is always a need for effective liquidity when trading, and Zoomex has put this in place to ensure that traders have the best experiences and can trade at the best possible prices at all times.

Its market-making team ensures there’s enough trading volume to execute orders smoothly. Nothing kills enthusiasm faster than trying to sell something and finding no buyers, so this is an important feature for any exchange.

The large liquidity also ensures that there are minimal slippages in the market for traders, helping users time their entries more accurately.

User Feedback and Community Focus

Zoomex also takes user feedback seriously. It constantly collects suggestions from users and implements changes based on what people want. Not all crypto exchanges do this—and their apps can be complex and feel like they are designed by developers for developers or experts.

To keep their community engaged, Zoomex also runs various events and promotions. It hosts global trading competitions to maintain community spirit, gives welcome bonuses for new users, and offers special promotions tied to events like the World Cup. Some of its giveaways are quite substantial—they’ve even given away Tesla cars to lucky winners.

Wide Trading Range and Passive Income Streams

The range of trading options on Zoomex is quite broad. Users can trade futures with over 355 trading pairs, including both perpetual and inverse contracts. Its spot trading selection is more curated, with about 60 trading pairs.

There are low trading fees; ranging from $0.02 to $0.06 for both makers and takers. 

Zoomex also offers copy trading (following successful traders’ moves). This feature allows less experienced traders or those who do not have the time to trade to copy the trades of successful users (masters or leaders).

This way, they share in the same profits and losses, which can also be a source of passive income for some investors. Other sources of income include liquidity mining and peer-to-peer trading options.

Overall, Zoomex has created an interesting option in the crowded crypto exchange market by focusing on privacy, security, and user experience. 

Even though it is still relatively new compared to giants like Binance or Coinbase, its growing user base suggests it is doing something right.

Deposit Options:

Zoomex’s deposit options include:

  • Fiat Deposit
  • Slash Deposit
  • P2P
  • Quick Conversion

Apps

Both Android and iOS applications are available for download on both the Play Store and the App Store. You can also scan the barcode in the image below to download the app.

zoomex-review

Brand Visibility Through Strategic Sports Partnerships

Zoomex’s sponsorship of the MoneyGram Haas F1 Team shows they share the same values. Both companies work in competitive industries where innovation is essential. Haas is known for quick development and efficiency in Formula 1, just like Zoomex’s approach to their trading platform.

The partnership with Oliver Bearman highlights this connection. As a young driver making his way in a demanding sport, Bearman represents the ambitious spirit Zoomex wants to show in the crypto world. This could be a story about growth, speed, and breaking into elite circles through performance.

This relationship is part of a larger brand plan, though. Haas handles F1’s complexities with precision and technical skill, and Zoomex wants to be seen as a high-performance platform in the crowded exchange market. Zoomex is following Haas’s path of growing through precision rather than making noise, which sets it apart from less focused competitors.

In crypto, where trust matters greatly, the Haas partnership helps Zoomex build credibility with more people. It connects the brand to elite competition, engineering excellence, and forward movement; all supporting Zoomex’s main marketing message about speed, performance, and growth in the industry.

Registering and Executing Trades with Zoomex

Getting started with Zoomex requires a few easy steps.

First, create an account. This requires users to initially input their email and a password. The next step is to deposit, and from there, trading can start.

The trading process is completed through some easy steps. For spot traders, for example, users will need to do the following:

  • Select a trading pair from the dropdown or search
  • Go to the Spot tab, choose Buy or Sell
  • Enter amount/value and confirm
  • View or edit orders under Current Orders
  • Cancel anytime or check history in Order/Trade History

  Check out the Zoomex social media channels

 Twitter | Telegram 

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