Zoomex Review 2024 – Fees, Features & Facts!

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November 16, 2024
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Zoomex Exchange Review

Key Features:

Here’s what you need to know about Zoomex:

  • No KYC required for users.
  • Flexible trading options with CEX and DEX.
  • Available in the US
  • Robust trading tools and TradingView integration.
  • High liquidity for smooth trading experiences.
  • Competitive trading fees (0.1% for spot, 0.02%/0.06% for futures).
  • Liquidity Mining with up to 20% APY.
  • No fiat withdrawals available.

 

Zoomex is a crypto exchange platform that offers a variety of cryptocurrencies and trading tools for both beginner and advanced users. Zoomex offers customized campaigns, such as deposit and trade tasks, in the Reward Hub, where users can claim bonuses and coupons. The platform also provides various tools, indicators, and chart styles to enhance advanced users’ trading experience. Additionally, Zoomex has high liquidity, ensuring smooth trading without significant slippage, and offers 24/7 customer support in multiple languages.

StatsZoomex
🚀 Founded2021
🌐 HeadquartersSingapore
🔎 FounderJay Hsu
👤 Active Users2M+
🪙 Supported Cryptos79+
🪙 Supported Perpetual Contracts382+
🔁 Spot Trading Fees (Maker/Taker)0.1%/0.1%
🔁 Leverage Trading Fees (Maker/Taker)0.02% / 0.06%
📈 Max Leverage150x
🕵️ KYC VerificationNot Required
📱 Mobile AppYes
⭐ Rating4.2/5
💰 Bonus$200 (Claim Now)

 

Zoomex Exchange Overview

Zoomex is a Singapore-based cryptocurrency trading platform launched in 2021. Built for traders worldwide, it distinguishes itself by eliminating mandatory identity verification, allowing users to trade without requiring KYC (Know Your Customer) verification. This flexible approach has attracted a diverse user base looking for convenient and privacy-centric trading options.

One of the unique features of Zoomex is its hybrid structure, allowing users to choose between a centralized (CEX) or decentralized (DEX) trading experience. This dual approach offers greater flexibility and aligns with the varied preferences of crypto traders. For those who prefer decentralized trading, Zoomex allows integration with popular wallets like MetaMask and Trust Wallet, enabling users to trade with greater anonymity and control over their assets.

Zoomex primarily focuses on derivatives trading, catering to traders interested in leveraged trading opportunities. It offers both USDT Perpetual and Inverse Perpetual contracts, providing options for traders looking to engage in high-risk, high-reward strategies. This focus on derivatives positions Zoomex as an ideal platform for experienced traders who seek advanced trading options.

Security and real-time trading are central to Zoomex’s operations. By combining reliable security protocols with real-time trading capabilities, the platform ensures that users enjoy a seamless trading experience with minimal downtime. Zoomex’s approach also emphasizes stable and transparent pricing, which is crucial in the volatile world of crypto trading.

 

Zoomex Pros and Cons

👍 Pros👎 Cons
✅ Flexible trading options with CEX and DEX.❌ No fiat withdrawals available.
✅ Focused on derivatives with USDT and Inverse Perpetual contracts❌ Market exposure risks with Inverse Perpetual Contracts.
✅ Offers 24/7 customer support in various languages.
✅ Low trading fees
✅ Maintains high liquidity for smooth trading experiences
✅ Strong security

 

Visit Zoomex!

 

Zoomex Signup and KYC

Zoomex does not require KYC verification, as it is a non-KYC crypto exchange, making it a top global player. Setting up a Zoomex trading account is pretty straightforward. You must first visit Zoomex.com, the company’s website, and register your account. You can register with a mobile number, email address, and a strong password.

After creating your account, you can access most of Zoomex’s features and functionalities. However, you’ll need to provide more KYC information, such as your name, nationality, ID number, and face verification, if you want full access.

You can learn more in our Zoomex KYC guide

🌍 Free Zoomex Country Checker

Disclaimer

Due to regulations, Zoomex does not support every country. To ensure that you are eligible to register on the exchange, you can use our free Zoomex country checker.

Simply type in your country and see if you can use the platform or if your country is restricted.

 

Zoomex Trading

The core of any exchange is to provide essential trading functionalities, with some platforms offering just the basics and others delivering advanced tools. Zoomex combines the best of both, offering a comprehensive trading experience through both Spot Trading and Derivatives Trading, along with sophisticated tools to help traders make informed decisions with ease.

Spot Trading

Zoomex’s Spot Trading platform provides a strong trading environment, integrating TradingView directly into its interface. This allows users to easily set up and monitor crypto trends, minimizing the risk of making uncertain moves in a volatile market. With a competitive spot trading fee of 0.1% (both maker and taker) and access to around 79 cryptocurrencies, Zoomex delivers one of the most well-rounded spot trading experiences.

Derivatives Trading

Zoomex stands out as a derivatives trading specialist, offering users the ability to trade 382 USDT Perpetual contracts and 4 Inverse Perpetual contracts, with a maximum leverage of 150X. With low fees of 0.02% for makers and 0.06% for takers, it’s an attractive option for futures traders. The interface mirrors that of Spot Trading, allowing users to seamlessly switch between the two. Regarding order type options, all basic options are available, along with Reduce-only and Post-only orders to set up an advanced futures trading strategy.

 

Visit Zoomex!

 

Zoomex Exchange Fees

Trading Fees

Zoomex offers a consistent fee structure across both inverse and USDT contracts, with spot trading fees set at 0.1% for both makers and takers, and futures trading fees at 0.02% for makers and 0.06% for takers. The platform also employs a tiered fee model, where higher trading volumes can qualify users for elevated VIP levels with reduced fees, rewarding active traders with lower costs as they progress.


Spot Fees

0.10% Maker

0.10% Taker


Future Fees

0.02%% Maker

0.06% Taker

Zoomex Deposits

When it comes to deposits, Zoomex currently does not charge any transaction fees for funding your account with fiat currency. However, since the platform relies on third-party services like ACH, Moonpay, and others for these transactions, fees may apply depending on those services. If you prefer to fund your Zoomex account directly with cryptocurrencies, there are no charges from Zoomex itself; you’ll only need to cover the network gas fees, which can vary depending on the blockchain network.

Zoomex Withdrawals

Zoomex exclusively supports cryptocurrency withdrawals and does not facilitate withdrawals in fiat currency. You can withdraw a variety of supported cryptocurrencies, including USDT, BTC, XRP, ETH, and EOS. The platform accommodates multiple blockchain networks, such as ERC20, XRP, BTC, EOS, TRC20, MATIC, BSC (BEP20), Arbitrum, and Optimism, ensuring a flexible withdrawal experience across various cryptocurrencies. Without KYC, the monthly withdrawal limit is set at 100 BTC, with a minimum withdrawal limit of 0.001 BTC.

 

Zoomex Products & Services

Zoomex provides a variety of products and service offerings that you can take advantage of. Let’s explore each one in detail to see how they can benefit you.

Copy Trading

Copy trading is a service that allows users to follow and copy the trading strategies of experienced traders on Zoomex, who share their performance and insights with the community. Users can also share their own strategies and earn commissions from their followers. Copy trading is a more relaxed and profitable model that maximizes profitability and a win-win opportunity for both traders and followers.

Mobile App

Zoomex offers free, expertly designed mobile apps for both Android and iOS, bringing the full power of the platform right to your fingertips. You’ll find all the tools, capabilities, and features from the desktop version available on the app, allowing you to trade on the go. With its intuitive, mobile-friendly interface, you can easily access the fiat gateway to purchase and trade USDT or BTC anytime, anywhere.

CEX and DEX

With Zoomex, you have the flexibility to choose between its centralized exchange (CEX) and decentralized exchange (DEX) options.

Zoomex’s DEX allows you to trade with full anonymity by connecting your Web3 wallets, such as MetaMask or Trust Wallet. With the DEX, you can trade futures directly from your wallet without requiring any ID verification. The platform also offers unmatched order book liquidity, minimizing transaction slippage for a uninterrupted trading experience.

Zoomex’s CEX is designed to be user-friendly and includes both spot and futures trading options. To access the full features on the centralized platform, you’ll need to register with your personal information.

Games

One of Zoomex’s exciting offerings is its selection of games, where you have the chance to win both crypto and non-crypto prizes! With games like “1 USDT Treasure Hunt,” “To the Moon,” and “Spin the Wheel,” you can join in with minimal entry points and stand a chance to win prizes ranging from $5 coupons all the way up to an iPhone 16 Pro Max.

It’s a fun break from trading—adding a touch of excitement and refreshment to your experience, where you can win something with little to no effort!

Zoomex Earn

With Zoomex Earn, you can boost your passive income through the Liquidity Mining tool. By providing liquidity for popular cryptocurrencies like BTC, ETH, and SOL, you can earn a 24-hour APY of up to 20% (note: APY may vary depending on market conditions).With Zoomex Earn, getting started with Liquidity Mining is as easy as trading.

Simply select a liquidity pool for popular cryptocurrencies like BTC, ETH, or SOL, and decide how much you want to invest. Customize the leverage based on your risk tolerance, then submit the order to begin earning yields on your investment. Zoomex Earn makes it simple to earn passive income while supporting market liquidity.

Zoomex Express

Zoomex currently offers the Zoomex Express channel, allowing you to purchase cryptocurrencies directly with fiat currency. With support for 15 fiat currencies and 3 cryptocurrencies, Zoomex makes buying crypto easy and cost-effective by providing zero transaction fees on your purchases.

Check out our step-by-step guide on how to buy Bitcoin (BTC) on Zoomex.

Reward Hub

Users can carry out easy tasks and obtain special prizes on the site using the Zoomex Reward Hub feature. Users can get bonuses of up to $30 for depositing coins, $100 for trading pairs, and up to $50 for inviting friends. They can also get incentives of $10 for signing up and validating their accounts. Additionally, users can use coupons to defray the cost of trading perpetual contracts. Users must register for an account, explore tasks and rewards, and check their status before using the Reward Hub. There are terms and conditions for Zoomex bonuses.

 

Visit Zoomex!

 

Zoomex Security

Zoomex has a great track record without any hacks or data breaches as of 2024. To protect customer assets from attacks, Zoomex uses a top-notch multi-signature security system. Zoomex offers a combination of cold and hot wallet solutions and a multi-signature security system for an extra layer of protection for its customers’ assets. Users who want to fully opt out of Zoomex services can even delete their account.

Read our guide on how to delete your Zoomex account.

 

Zoomex Customer Support

Zoomex provides live chat help for customers experiencing issues with the platform. The chat option is located in the bottom right corner of the website. On opening the chat menu, you’ll be greeted by a bot that will help you with your complaint. It will redirect you to a live chat agent if it cannot resolve the issue.

 

Zoomex Alternatives

Zoomex is a decent option with high leverage and a user-friendly platform, but if you’re looking around, consider these:

  1. MEXC: MEXC is known for its incredibly low fees and massive selection of altcoins.
  2. Blofin: Blofin is a good choice if you need a no-KYC exchange with a wide selection of cryptocurrencies and fiat deposit options.
Feature Zoomex MEXC Blofin
Established 2021 2018 2019
Spot Fees (Maker/Taker) 0.10% / 0.10% 0.00% / 0.02% 0.10% / 0.10%
Futures Fees (Maker/Taker) 0.02% / 0.060% 0.000% / 0.020% 0.020% / 0.060%
Max Leverage 100x 200x 150x
KYC Required No No No
Supported Cryptos (Spot) None 2437+ 394+
Futures Contracts 220+ 433+ 329+
No KYC Withdrawal Limit 0.1 BTC 30 BTC $20,000
24h Futures Volume Not Listed $6.07B $9.73B
Trading Bonus $100 $20,000 $5,000
Key Features • No KYC required
• DEX and CEX combined
• Deep liquidity
• Most cryptocurrencies (2437+)
• Lowest fees by far
• Highest leverage (200x)
• No KYC required
• High leverage (150x)
• Good futures volume
Sign Up Sign Up Sign Up Sign Up

 

Bottomline

Zoomex is an excellent cryptocurrency trading platform for derivatives traders, having access to inverse perpetual contracts as well as USDT perpetual contracts, and more than 100 coins on sale. It also offers the unusual capacity to provide both a centralised and decentralised version of the exchange, which many users find appealing.

The minimal costs and comprehensive trading tools provide a professional experience, providing customers with the most recent features, functions, and tools in one location. The only drawback of Zoomex is that it does not offer spot trading. Traders seeking spot trading options will have to look at other trading platforms.

 

Visit Zoomex!

 

FAQs

Is Zoomex safe?

Yes, Zoomex is a legitimate cryptocurrency exchange founded in 2021 and headquartered in Singapore. It has a license issued by multiple regulatory bodies in the United States and Canada.

Is Zoomex supported in the US?

Yes, Zoomex has a US MSB license and is controlled by FinCEN. Thus, US residents can participate in the exchange.

What cryptocurrencies are available for trading on Zoomex?

Zoomex provides its customers with over 100 crypto assets to trade. While trading, you may also select between inverse perpetual contracts and USDT perpetual contracts.

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