The cryptocurrency market continues to evolve quickly, with new exchanges rising on a regular basis. One such platform is Zoomex, established in 2021 to offer a user-friendly and safe setting for crypto buying and selling.
Dive into our complete Zoomex assessment, the place we delve into the platform’s cutting-edge buying and selling options, sturdy safety measures, and clear payment construction. We’ll additionally look at its potential benefits and limitations, offering you with all of the insights wanted to find out if this trade is the proper match in your buying and selling wants.
Key Takeaways:
- Zoomex is a spot and futures cryptocurrency trade with different superior options like copy buying and selling, leverage buying and selling, and no KYC buying and selling.
- It provides a derivatives market with as much as 300 futures contracts, together with USDT perpetual and inverse perpetual contracts, with leverage of as much as 150x for some buying and selling pairs.
- Zoomex makes use of multi-signature wallets, 2FA, and superior safety protocols to make sure the security of customers’ property, with 24/7 multilingual buyer assist.
Zoomex Alternate Overview
Zoomex is a well-liked derivatives buying and selling platform launched in 2021. It goals to ship a clean buying and selling expertise and robust safety protocols. The platform is designed for each rookies and seasoned merchants, providing quite a lot of superior charting and buying and selling instruments.
It helps over 300 perpetual contracts and has a big person base with 2 million registered customers from 30 international locations. The platform handles a big buying and selling quantity, with over $5 billion traded within the final 24 hours (on the time of writing).
One of many key options of Zoomex is its high-speed buying and selling interface, which has a latency of lower than 10 milliseconds, making certain a quick and environment friendly buying and selling expertise. The platform provides numerous companies, together with spot buying and selling, derivatives buying and selling, and decentralized trade choices. You may as well take part in copy buying and selling and use the cell app for buying and selling on the go.
Professionals of Zoomex
- No KYC buying and selling, with out requiring private info
- Buying and selling charges are customizable primarily based on the person, which different exchanges don’t provide
- They supply buyer assist across the clock, which can assist resolve any points
- Quick and handy deposit and withdrawal companies for numerous cryptocurrencies
- Not like some exchanges, Zoomex doesn’t challenge its personal tokens, avoiding potential conflicts of curiosity
Cons of Zoomex
- Restricted fiat foreign money deposit channels
- Some superior buying and selling options like margin buying and selling and choices buying and selling usually are not obtainable
- Doesn’t assist automated buying and selling bots and staking companies
Zoomex Options: Why Select Zoomex?
Superior Derivatives Market
Zoomex Alternate provides a sturdy derivatives market designed for numerous buying and selling methods. This market contains various kinds of contracts, corresponding to USDT perpetual and inverse perpetual contracts.
- USDT perpetual contracts are settled in USDT, a stablecoin pegged to the US greenback. These contracts allow merchants to go lengthy or quick with out an expiration date.
- Inverse perpetual contracts are settled within the underlying cryptocurrency, corresponding to Bitcoin or Ethereum, slightly than in a stablecoin. Which means that earnings and losses are realized within the cryptocurrency itself.
To commerce derivatives, it additionally provides two margin modes: cross margin and remoted margin.
- In cross-margin mode, all obtainable steadiness within the dealer’s account is shared amongst all open positions to forestall liquidation.
- In remoted margin mode, the margin is restricted to the quantity allotted to every place. If the place is liable to liquidation, solely the remoted margin is in danger, defending the remainder of the dealer’s funds. So, if you’re a newbie, we advocate beginning with an remoted mode to scale back publicity and danger.
Zoomex provides as much as 300 futures contracts. This offers merchants many various buying and selling choices. Merchants can use leverage as much as 150x.
Copy Buying and selling
Zoomex’s copy buying and selling function helps you to copy the trades of skilled merchants, referred to as grasp merchants. This helps rookies make earnings with out having to know rather a lot about buying and selling. The way it works: once you select a grasp dealer to comply with, your account will routinely copy their trades in real-time. This implies no buying and selling data is required.
Among the advantages are:
- Transparency: You possibly can see detailed details about grasp merchants, corresponding to their previous efficiency and buying and selling methods. This helps you select the correct dealer to comply with.
- Palms-Free Buying and selling: You don’t have to continually watch the market or handle your trades.
- Earnings: Grasp merchants can earn as much as 3,000 USDT in month-to-month bonuses primarily based on their buying and selling success and follower rely, on high of their very own buying and selling earnings.
- Revenue Sharing: Should you grow to be a grasp dealer, you stand up to 10% of the earnings generated out of your followers’ trades.
No KYC Required
Zoomex is a well-liked no-KYC crypto trade. This implies you possibly can commerce with out finishing ID verification, which simplifies and quickens the method of getting began. This function lets you stay nameless whereas nonetheless accessing the platform’s complete buying and selling instruments and options.
On Zoomex, you possibly can withdraw as much as 100 BTC with out KYC verification. If you wish to withdraw greater than 100 BTC a day, you’ll want to finish your KYC verification. Finishing KYC verification will increase your every day withdrawal restrict to 200 BTC.
Excessive Safety Measures
Zoomex prioritizes the security of its customers’ property by means of a number of robust safety measures. One of many fundamental security measures is the usage of multi-signature (multi-sig) wallets for each cold and warm storage. This technique requires a number of approvals for a transaction, making it tougher for unauthorized entry. You may as well arrange 2FA utilizing Google Authenticator.
Plus, Zoomex makes use of superior safety protocols to make sure platform integrity. Steady monitoring and real-time knowledge evaluation assist detect and reply to suspicious exercise shortly. The platform is designed to offer excessive liquidity and dependable pricing, even in risky markets, making certain zero value slippage.
The crypto trade additionally provides 24/7 multilingual buyer assist to assist customers with any safety points. This fixed assist ensures customers can get assist every time wanted, rising the platform’s reliability and safety.
Various Occasions and Beneficiant Rewards
Zoomex hosts quite a lot of occasions and provides quite a few bonus rewards for its customers.
It provides a big signup bonus for brand new customers, which might go as much as $45,115. This bonus is on the market when new customers create an account, make their first deposit, and begin buying and selling. The particular rewards are tiered primarily based on the quantity deposited and the buying and selling actions undertaken by the person.
For example, depositing $500 could make you eligible for a $10 reward. Plus, the Zoomex Activity Middle means that you can full easy duties to say unique rewards. These duties embody actions like logging in every day, making trades with excessive buying and selling quantity, or taking part in neighborhood occasions. Rewards from the Activity Middle can embody buying and selling bonuses and payment reductions.
Swap between Centralized and Decentralized Alternate
Zoomex provides each centralized (CEX) and decentralized (DEX) trade companies. You possibly can swap between each exchanges with a easy toggle button.
The decentralized facet of Zoomex means that you can interact in nameless, intermediary-free transactions through good contracts. This ensures privateness and management over property, as transactions are straight managed on the Ethereum blockchain with out a government. You possibly can learn extra about Zoomex DEX right here.
Zoomex Charges & VIP Advantages
For normal customers, Zoomex costs a number of the lowest transaction charges within the business, with buying and selling charges of 0.02% maker and 0.06% taker. For VIP members, Zoomex supplies much more important payment reductions and unique advantages. The VIP program is structured throughout 5 ranges, every providing progressively bigger reductions and extra perks.
To qualify for VIP standing, you must meet sure buying and selling quantity thresholds inside 30 days. Right here’s a breakdown of the advantages at totally different VIP ranges:
- VIP1: For customers with a 30-day buying and selling quantity of no less than $5 million, the maker payment is 0.020% and the taker payment is decreased to 0.036% (a 40% low cost).
- VIP2: With a buying and selling quantity of $10 million, the taker payment drops additional to 0.033% (a forty five% low cost).
- VIP3: At $30 million, customers get pleasure from a 50% low cost on each maker (0.01%) and taker (0.03%) charges.
- VIP4: For $50 million in buying and selling quantity, the maker payment is decreased by 70% to 0.006% and the taker payment by 55% to 0.027%.
- VIP5: The very best stage, requiring $100 million in buying and selling quantity, provides a 90% low cost on maker charges (0.002%) and a 60% low cost on taker charges (0.024%).
Along with payment reductions, VIP members can earn month-to-month bonuses primarily based on their buying and selling volumes, starting from $100 for VIP1 to $1,500 for VIP5. Furthermore, they profit from an annualized rate of interest of 4.8% on their deposits, with particular minimal asset necessities for every stage.
Zoomex’s VIP members additionally get pleasure from unique privileges corresponding to customized buyer assist, increased withdrawal limits, and entry to a precedence service for deposits and withdrawals. Examine full Zoomex VIP advantages right here.
Zoomex Assessment: Remaining Ideas
To sum up our Zoomex assessment, it’s a widespread crypto asset buying and selling platform. It notably fits these enthusiastic about spot buying and selling, futures buying and selling, and no-KYC buying and selling. Their give attention to safety with options like multi-signature chilly wallets can be a optimistic level to think about.
Nonetheless, the shortage of superior buying and selling instruments like margin buying and selling, choices buying and selling, and staking companies is a straightforward downside.
Disclaimer: The content material is offered by Zoomex in collaboration with the NFTevening staff to focus on the options and advantages of the Zoomex trade.
