A crypto exchange can determine if you have an excellent or bad trading experience. Enter Zoomex, a crypto exchange founded in 2021 and headquartered in Singapore, with a primary goal of bringing transparent digital asset trading services to millions of users worldwide.
Zoomex currently offers its services in over 30 countries and regions and has over 2 million users globally. Its vision is to illuminate customers’ lives through blockchain technology by providing a secure and stable trading environment. This crypto exchange leans towards innovative excellence to revolutionize the crypto trading sector. Let’s dive into Zoomex’s world and see how it provides traders with mind-blowing experiences.
Zoomex’s Mission and Values
Zoomex’s mission is quite straightforward: they want to develop a crypto exchange built on security, user trust, and innovative spirit. The platform is user-centric and quite dynamic in adapting to the evolving nature of the crypto industry.
Zoomex has values that differentiate it from many others. They strive to develop a secure trading environment with a top-level security framework to help safeguard users’ assets. This crypto exchange also offers diverse products and services to its customers, including the option to trade without KYC verification.
With a keen goal of meeting the needs of both newbie and pro customers, Zoomex ensures accessibility and convenience for all its users.
Zoomex is also dedicated to meeting regulatory requirements. According to them, they have the MSB license granted by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The crypto exchange admits they are actively working on getting more regulatory licenses from other parts of the world.
Zoomex Products and Services
Zoomex has a variety of different products and services. Let’s take a closer look at them!
Contract Trading
Zoomex offers USDT-based and coin-based contracts with abundant liquidity and low transaction fees. It also supports traders in opening short and long positions on over 300 cryptocurrencies.
Spot Trading
Spot Trading is also allowed on Zoomex, providing a wide variety of tokens to choose from and offering an opportunity for portfolio diversification.
Copy Trading
Zoomex is a platform keen on the development of those relatively new to crypto trading. Hence, it allows them to follow in the footsteps of professionals by copying their trades, which increases their chance of making a profit.
Trade Arena
Zoomex also offers a game-like service that allows users to earn rewards and increase their profits. For as little as $1, users can participate in the Trade Arena and correctly predict market trends to earn profits.
Decentralized Exchange
Besides their centralized option, Zoomex also offers a decentralized crypto exchange, bringing users a new era of trading. This DEX is reliable and secure, with a server guaranteed not to go down. Moreover, it has superior order book liquidity, with minimal transaction slippage.
The Zoomex DEX has very high leverage for adventurous traders, up to 150x on high-liquid pairs. All users need to do is connect their wallet to the DEX, and they are guaranteed an express trading experience while they remain anonymous.
Why Choose Zoomex in a Saturated Crypto Market?
According to Forbes, there are over 500 crypto exchanges to choose from as a user, with their trade volumes reaching $80 billion during peak markets. Nevertheless, below are reasons why Zoomex stands out in the saturated crypto market:
No KYC Required
Most crypto exchanges require KYC (Know Your Customer) before users can begin trading. However, Zoomex is keen on protecting customers’ privacy and doesn’t require KYC for users to explore their trading services. The crypto exchange is dedicated to user’s anonymity, ensuring their data remains private and secure. This is quite unusual for a crypto exchange. Still, it guarantees that users can carry out activities on their platform without data leaks.
Solid Liquidity
Zoomex offers high liquidity levels, enabling traders to execute crypto trades without experiencing slippages during transactions. The Zoomex team ensures the crypto exchange features reliable and robust market-making (MM) capabilities. Hence, users can execute trades quickly and have a seamless and efficient trading experience.
User-Centric Approach
It is getting hard to see crypto exchanges that put users at the forefront of their services. Zoomex is among the remaining few since their platform development primarily involves user feedback and surveys. They stand out from their competitors by directly interacting with users on changes they want to make on the platform.
Numerous Loyalty Events and Reward Campaigns
Zoomex has a reputation for hosting diverse loyalty events and reward campaigns to retain new and old customers. Global trading competitions (ZWTC), welcome campaigns, and special events like World Cup and Euro Cup promotions are some of the events users will see on this platform. In collaboration with the Paris 2024 Olympics, they reward users with CHZ Airdrop for predicting correct football scores.
In addition to this, there’s also a reward hub for new users. According to the exchange, when a user registers, deposits, and trades with them, they can receive as much as 45,115 USDT in rewards.
High-Level Security and Compliance
Zoomex aims to provide a secure and regulatory-compliant trading environment for its customers. As part of its sophisticated security framework, it supports a 2-factor authentication system and multi-signature wallet. Moreover, Hacken, a blockchain security auditor, has confirmed that Zoomex is highly secure for trading activities.
Zoomex has some of the best security features and is committed to complying with regulatory standards. Recently, Zoomex successfully completed a security audit conducted by the cybersecurity firm Hacken. The audit identified several vulnerabilities, all of which have been addressed or are under a resolution plan.
It has the Canada MSB license, and its DEX supports a legal trading environment where every transaction follows the current rules.
Zoomex Native Token
Unlike other crypto exchanges, Zoomex takes a very different approach to launching its native token. It is slated to launch in 2024, a strategic timeline that will allow users to have more trading and investment opportunities.
Low Trading Fees
Zoomex has relatively low trading fees compared to many crypto exchanges and does not charge anything for depositing or withdrawing cryptocurrencies. However, it charges a commission of 0.02% for makers and 0.06% for takers for futures trading. Also, there’s a 0.1% fee for both makers and takers in spot trading. Still, this is relatively low compared to their competitors.
Additionally, Zoomex offers a VIP Club that can reduce these fees based on trading volume. VIP members can benefit from significantly lower contract fees, exclusive customer service, and other perks. Joining the VIP Club is easy, with no KYC verification required, and users who hold VIP status at other exchanges can quickly upgrade to higher VIP levels at Zoomex.
How to Use Zoomex Crypto Exchange
Opening an account and trading with Zoomex is quite simple. Users can sign up on their website using their email address or phone number. When they make a first-time deposit of $500, they are immediately rewarded with a $10 trading coupon. Moreover, when they start trading, they can earn up to 45,115 USDT in additional rewards.
Conclusion
With over 500 crypto exchanges, it can be overwhelming for newbies to choose. Amid the chaos, Zoomex is a user-centric crypto exchange that adapts to users’ needs in the dynamic crypto market. It stands out for addressing the privacy concerns of many users by not requiring KYC while developing sophisticated security features like 2FA and multi-signature wallets.
With solid liquidity, users are guaranteed a stable and efficient trading environment without slippages. Moreover, it offers competitive transaction fees, with as low as 0.02% for makers and 0.06% for takers for future trading. Other important benefits include diverse loyalty events and reward campaigns, regulatory compliance, and the Zoomex token, which is set to become an integral part of the platform.
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