Starting cryptocurrency trading with Zoomex necessitates a fundamental grasp of deposit procedures. Positioned as a customer-centric exchange aspiring to lead in the crypto realm, Zoomex strongly emphasizes security, customer trust, and innovation. This comprehensive guide sheds light on the accepted payment methods, elucidating the most cost-effective ways to deposit funds using crypto and fiat currencies.
You can read our full Zoomex review to learn more about the platform.
Zoomex Fiat Deposit Methods
On Zoomex, purchasing cryptocurrencies with local currencies like USD, EUR, or GBP offers two accessible options. Navigate to the “Buy Crypto” section, conveniently located in the top right corner, to explore these choices and seamlessly engage in crypto transactions with your preferred fiat currency.
Zoomex Express Buy
Zoomex provides convenient ways to onboard funds in your preferred local currency. With the “Express” option, choose from over 15 fiat currencies like USD, AED, AUD, and more. Use bank cards such as Visa and Maestro for quick, instant payments. For added flexibility, opt for third-party payment providers like Legend Trading or Onramper. These options cater to different preferences, making it easy for users to start trading promptly using their preferred payment methods. Explore the “Buy Crypto” section and follow the straightforward steps to make the process seamless and self-explanatory.
Zoomex Slash Deposit
Zoomex introduces the innovative Slash Deposit method, offering users a streamlined way to purchase USDT using small cryptocurrencies. This method ensures speed and convenience, coupled with ultra-low gas fees. Unlike traditional processes, users can directly send funds from their dex wallet without the hassle of copying and pasting addresses. To utilize Slash Deposit, input the desired USDT(100) amount, confirm, and select the transferring wallet, such as Metamask.
Create an order, noting the 30-minute reservation period; failure to complete payment prompts order cancellation, necessitating a re-order. Post-payment, anticipate fund crediting to your account within 10-30 minutes.
This user-friendly approach simplifies the crypto deposit experience, enhancing efficiency and reducing complexities associated with conventional methods. Zoomex’s Slash Deposit stands as a testament to the platform’s commitment to providing innovative solutions that prioritize user convenience and accessibility in the cryptocurrency landscape.
Zoomex Bank Deposit
Zoomex offers the option to buy cryptos via Bank Transfer through Legend Trading as the payment processor. Users can purchase USDT, BTC, ETH, or USDC via bank deposit. Over 15+ fiat currencies are supported, including EUR, USD, GBP, CHF, CAD, AED, and many more.
Initiate the purchase of the amount you want. For this tutorial, I will deposit 100 USDT using USD by selecting the desired currency and specifying the amount.
Choose Payment Channel
There are three payment channels available when depositing crypto on Zoomex via fiat. Onlinepay supports VISA and master cards, while Onramper has more support channels. Choose from one channel and proceed.
Proceed by selecting “continue”, and a preview of the anticipated transaction outcome will be presented.
Confirm your intent by clicking “Buy USDT” and executing payment to the designated account provided. Your funds will be credited to your account within a few minutes following the successful transaction.
Supported bank deposit methods are listed below:
- Bank transfer,
- Wire,
- AdvCash
Zoomex Crypto Deposits
If you already have cryptos on another exchange or in a wallet, you can send them to Zoomex directly to fund your account. With over 50 supported cryptos, Zoomex is a highly versatile crypto exchange offering many deposit options. All popular crypto networks, such as BRC20, TRC20, ERC20, BEP20, SOL, Polygon, and many more, are supported.
Deposit Account: Currently, Zoomex offers two accounts: A funding account and a contract account. Select either the Funding or Contract account as your receiving account.
When you are ready to deposit cryptos on Zoomex, you must generate your wallet address first. Note that each network has a different address, and some networks require additional info, such as a memo. To generate your deposit address, follow the simple step-by-step guide below.
If this is your first time registering on Zoomex Exchange, register, complete KYC, and proceed to the steps below on how to deposit.
Head over to your spot wallet by hovering over “Assets” in the top right corner and selecting “Deposit.”
Select the Asset
Next, choose which crypto asset you want to deposit into your Zoomex account. You can easily use the search function to filter through all supported assets on Zoomex quickly. When you find the asset you want to deposit, click “Deposit” on the right-hand side.
For this example, we will search for BNB (BSC). The process is the same for any other crypto.
Select Network
It is crucial to select the right network. In this case, we want to use the native BNB-BSC (Binance Smart Chain (BEP20). This address can only receive funds through the BSC network. Click on “Network” to generate your deposit address.
Select Receiving Account
Regarding receiving funds, you’ll find two accounts at your disposal: the Funding Account and the Contract Account. Take a moment to choose the account that best suits your needs.
Send Funds to your Address
Now, you are all set with your personal Zoomex wallet address. You can only send funds to this address with the selected network, or you can quickly scan the QR code from the wallet to which you want to send the assets. In this case, we can only send funds through the Binance Smart network. Select the correct network when withdrawing funds from your other wallet to Zoomex. When sending funds to the wrong address or through the wrong network, you will lose them forever. “You have selected BNB-BSC; please ensure that you choose the same network on the withdrawal platform.
Are Zoomex Funds Secure?
At Zoomex, the safety of user funds is paramount, drawing inspiration from the customer trust that is integral to exchange success. Zoomex prioritizes fair and transparent operations, considering them foundational for development. Employing the best multi-signature security system, along with a combination of cold and hot wallet systems, Zoomex ensures robust protection for our customers’ assets, reinforcing our commitment to maintaining a secure and trustworthy environment for all users.
Bottom Line
Zoomex stands out as a user-friendly cryptocurrency exchange with diverse deposit choices. Whether new to cryptocurrencies or looking to expand your holdings, you can effortlessly acquire them using numerous fiat currencies, including convenient options like credit/debit cards and bank transfers.
For those holding cryptocurrencies elsewhere, quickly transfer them to your Zoomex account by generating a personal wallet address. Follow our detailed guide to ensure the secure receipt of your funds, remembering to triple-check your wallet address and network to avoid any risk of losing your funds due to choosing the wrong network.
