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Zoomex Review 2024 – Best-In-Class Trading Services For CEX & DEX Users

 4.2/5

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Zoomex ticks all the right boxes to provide best-in-class crypto trading services to millions of users across the globe. Launched in 2021, the fast-growing crypto exchange is renowned for its robust market-making capabilities, attractive promotions, ultimate security features, and beginner-friendly interface.

At the heart of Zoomex’s foundation lies the principles of transparency, safety, and innovation. With a lofty ambition to be at the frontline of a rapidly evolving cryptocurrency sector, Zoomex offers a wide range of comprehensive products that are not only in line with market trends but also empower users to maximize their investments. 

In this detailed review, we will explore all the features of Zoomex and provide a balanced assessment of each of them.  Are you ready to find out how Zoomex caters to your trading needs? Read this guide to the end. 

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Key Features – Quick Review

With a focus on redefining the next generation of crypto trading, Zoomex leverages the powers of blockchain technology alongside many other powerful innovations.

The combination of its top-tier features helps users, including beginners to fully harness the opportunities in the global crypto market. Before diving into the full review of these features, let’s take a quick look at each of them: 

  • Zoomex sets itself apart from its peers by offering a mixture of centralized and decentralized exchange in one distinctive package. Users can access the vast market opportunities embedded in a CEX while also maintaining full control of their assets through its DEX option. This unique aspect of the project has resonated with a broader audience, thereby contributing to its viral success.
  • The crypto derivatives exchange provides a host of trading tools and products like copy trading, contract trading, and futures trading amongst others to help investors grow their investments.
  • Zoomex supports more than 300 cryptocurrencies, making it an ideal platform for investors seeking to diversify their portfolios. 
  • Fees on Zoomex are highly competitive and the platform doesn’t charge users for deposits.
  • Unlike other crypto exchanges, Zoomex has a gaming section where users can make more money and have fun. 
  • Zoomex is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). 
  • Zoomex guarantees users’ privacy with its No-KYC policy. This means users can rest assured that their financial and personal information are not exposed to third parties while using the exchange.
  • Zoomex offers highly lucrative bonuses through its reward hub. 

Overview 

Zoomex prides itself as a global exchange, delivering exceptional trading services to different categories of crypto enthusiasts. With its integration of numerous blockchain-powered features, the trading platform opens up a new realm of possibilities that users may not be found elsewhere. 

Each tool on Zoomex is tailored to complement the emerging needs of all traders. In essence, the platform provides a personalized trading experience, allowing users to focus only on assets and products that align with their investment objectives and risk appetite. 

Zoomex

At its core, Zoomex allows the buying, selling, and trading of many cryptocurrencies, including major assets like Bitcoin, Ethereum, Litecoin, and Dogecoin. For users’ convenience, the exchange provides an “add to favorites” feature so that traders can add, track, and trade specific cryptos of interest. 

Zoomex also offers a mix of spot, contract, and copy trading. While its spot trading supports over 50 cryptocurrencies, its futures trading covers a significantly broader range of assets. Interestingly, users can leverage their positions up to 150x to make more gains. 

More so, beginners seeking to follow the strategies of successful traders can try out Zoomex’s copy trading feature. The exchange regularly provides a list of traders with proven track records of profitable trades so that beginners can copy their strategies in just a click.

Zoomex copy trading

In terms of payments, Zoomex accepts deposits in over 15 fiat currencies, including EUR, JPY, NGN, RUB, TRY, and GBP. It also supports third-party payment channels like Visa, Mastercard, bank transfer, Apple Pay, Google Pay, and more. Zoomex does not charge a deposit fee though the aforementioned payment gateways do. 

Beyond its advanced derivatives trading offerings, Zoomex has a gaming department, featuring exciting events like “To The Moon” “Euro 2024 Guess,” “Z-Lucky Draw,” and “The USDT Treasure Hunt.” With these games, Zoomex users can win free token rewards and strengthen their portfolios. 

Also, when it comes to bonuses and promotions, Zoomex offers them in abundance. Every newcomer on the platform is welcomed with a bonus whenever they make a first-time deposit of $500 or more into their accounts. 

There is also a VIP club that allows users to enjoy exclusive benefits like monthly bonus rewards, lower contract fees, ultra-high wealth management returns, and many more. To attain this status, users have to trade consistently on the platform. 

Zoomex VIP

Most importantly, Zoomex is backed by a host of top regulators across the globe, a feat that speaks to its credibility. Also, when it comes to security of users and their assets, Zoomex is always on top of the game. 

Key Features Of Zoomex – Full Review

This segment of our review explores all the game-changing features that make Zoomex a standout crypto exchange. 

Modern Trading Tools

Zoomex is home to a host of trading tools and products that can help investors take advantage of specific market events. As earlier mentioned, Zoomex basically allows spot trading, contract trading, futures trading, and copy trading.

With its spot trading, users can buy and sell cryptocurrencies in real time, place market orders for instantaneous execution, and also assign limit orders at specific price points. Zoomex is currently hosting zero spot trading fees for new users who register between July 12 to August 12, 2024.

In terms of contract trading, Zoomex provides two types of perpetual contracts – USDT perpetual and inverse perpetual. The USDT perpetual and inverse perpetual contracts function similarly though the contract collateral of the former is settled in USDT. 

Additionally, Zoomex’s high leverage on future trading appeals to experienced traders who are looking to maximize their market exposure and make money from every positive price movement. Traders will also find its copy trading tool attractive due to its genuine ease of use. 

Thanks to the friendly interface of the platform, users can easily find top-performing traders through a curated list that indicates their weekly returns, profits, number of followers, and followers’ profits. 

Meanwhile, the copy trading feature of Zoomex comes in two dimensions. The first setup, “one-click follow,” allows users to copy every move of another trader. Users can also replicate the trading pair, margin settings, leverage, and trade direction of successful traders while also adding some customizations like fixed margin and leverage.

Zoomex copy trading

Also, the copy trading option supports all the available trading pairs and up to 30x leverage. Nevertheless, as part of its safety measures, Zoomex only permits users to invest up to $50,000 using the copy trading tool. 

A Wide Range Of Crypto Assets 

Zoomex is a renowned exchange that offers trading options on more than 300 cryptocurrencies. Some of the most popular cryptocurrencies on Zoomex include BTC, ETH, USDT, USDC, SOL, ALT, SEI, ARB, WLD, XRP, ADA, TIA, GAL, ARKM, POPCAT, DOGE, AGIX, BNB, ZETA, INJ, LINK, BONK, LTC, TRX, AVAX, DOT, TON, BCH, NOT, and many more. 

Crypto assets on Zoomex

By supporting such a vast number of cryptocurrencies and trading pairs, Zoomex empowers investors to build a diversified portfolio and benefit from the endless opportunities in the market.  

CEX & DEX Trading

In an effort to address the demands of its fast-growing user base, the exchange offers CEX and DEX services. While compiling this review, we discovered that Zoomex’s CEX operates similarly to most other centralized exchanges. 

Zoomex DEX

However, the DEX version requires that users connect their wallets. One of its major upsides is that it offers high-order book liquidity that comes with minimal transaction slippage. Users can easily switch between the CEX and DEX versions on Zoomex with a click. 

No KYC Posture

Zoomex is committed to ensuring the full privacy of its users. As such, it does not require that they undergo any rigorous KYC process while creating their accounts. This simply means traders can start trading their favorite assets in a matter of seconds. 

Games 

The game section of Zoomex serves as another avenue for users to savor more rewards. One of the most popular games in this category is “To The Moon.” Renowned as a multiplayer crypto game, “To The Moon” offers a blend of suspense, thrill, and rewards with its increasing curve that can drop anytime. 

Games on Zoomex

Another interesting game that we found on Zoomex is 1 USDT Treasure Hunt. To play this game, players have to deposit at least 0.1 BTC. They can earn 100 treasure tickets every time they invite a friend or family to participate in the game. 

To earn more treasure tickets, users are encouraged to make more deposits and transactions. For instance, a user will receive 100 treasure tickets for every transaction worth up to $20,000. 

How Does Zoomex Work?

Zoomex opens its doors to those who want to enjoy both CEX and DEX offerings in a single spot. For those aiming to capitalize on every potential market opportunity via Zoomex, it is essential that they create a trading account. 

The account creation process is straightforward, quick, and simple, even for beginners. Unlike other platforms that require much personal information from users, Zoomex only requires that you provide a valid email address or mobile number and a strong password. 

Account creation on Zoomex

As part of its commitment to allowing users to enjoy a stress-free and seamless trading experience, Zoomex doesn’t mandate the fulfillment of KYC during the registration process. That said, users must complete some verification processes before initiating high withdrawals. 

Once the registration process is successful, users can proceed to fund their accounts. As earlier mentioned, the exchange allows 15 fiat currencies and 3 crypto options for payments. If you make a first-time deposit of $500 and above, you will unlock Zoomex’s welcome bonus package. The exchange offers up to 45,115 USDT in rewards for new users. 

Meanwhile, Zoomex can be accessed either through its desktop or mobile versions. Both versions deliver the same trading experience. 

Why Should I Choose Zoomex?

Are you wondering whether Zoomex is the right choice for you? Here are some of the factors that can help you make informed decisions. 

Low Fees

Zoomex has been turning heads with its competitive fee structure. First, as part of its vision to help traders boost their investments, the exchange doesn’t charge deposit fees. 

For spot trading, Zoomex also has pegged 0.1% as its maker and taker fees. How about futures trading? Zoomex charges a maker fee of 0.02% and a taker fee of 0.06%. Additionally, futures trading on the exchange also involves funding rates.

Zoomex fees

A funding rate comprises the interest rate for borrowing the currency and the premium index, settled three times daily. 

More so, Zoomex has different withdrawal fees and limits for all crypto assets. These fees, according to findings, are reasonable when compared with the ones charged by other exchanges.   

Easy Accessibility & Sleek Interface

Zoomex has, since its debut, captured the imaginations of both seasoned investors and beginners alike with its easy access and intuitive interface. Users can decide whether to settle for its desktop or mobile version, depending on the option that’s most convenient for them. 

Regardless of the choice made, rest assured that all the features of the exchange will fit directly into your screen. While the website version is tailored to work on all kinds of browsers, the mobile app is compatible with Android and iOS devices.

Zoomex app on Google Play

Furthering its appeal is its user-friendly interface which makes it easy for traders to immerse themselves into the bustling realm of crypto trading. 

Multilingual Posture  

In a bid to eradicate any forms of language barriers that may deter users from maximizing all its features, Zoomex has embraced a multilingual posture. Traders can select more than 8 languages including: 

  • English
  • Spanish
  • Russian 
  • Germany
  • Korean 
  • Japanese 

Reward Hub

Zoomex has a designated segment on its platform, known as the Rewards Hub. This department introduces many opportunities for users to win free cash. 

However, to stand a chance of savoring free incentives, traders must fulfill certain conditions like reaching a particular contract trading volume. For instance, users can win a $15,000 bonus coupon if they hit a total contract trading volume of $200,000,000.

Zoomex reward hub

More so, Zoomex has an affiliate program where users can win up to $300 in bonus rewards. To qualify for this bonus, users must share their promo code with friends and families. 

It doesn’t end there as they must also ensure they set up an account on Zoomex using the link. Furthermore, the invitees must deposit funds into the account and start trading. Thereafter, the team will reach out to the user and make due arrangements to pay the affiliate reward.

Is Zoomex Reliable, Secure & Legitimate?

Zoomex has put all measures in place to provide reliable and secure crypto trading services. Don’t forget that the exchange holds the Canada MSB license issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Holding a vital license from such a reputable regulator is a reflection of how consumers and regulators alike fully trust the exchange. 

Zoomex

The license also ensures that Zoomex is regulatory compliant, meaning its activities are in line with global best practices. More so, the top exchange has passed a security audit conducted by a reputable blockchain security auditor, Hacken. 

On numerous occasions, Zoomex always upgrades its security system to ensure the swift detection of a bug or a loophole. More so, the platform uses numerous firewalls to prevent unwarranted access. 

Adding an extra layer of security to Zoomex is its usage of a cold wallet. The adoption of this storage strategy has helped the exchange to maintain a perfect record when it comes to security. 

Supported Wallets For Zoomex DEX Platform

The DEX version of Zoomex supports the following wallets:

  • Coinbase wallet
  • MetaMask
  • ImToken
  • WalletConnect

Pros & Cons

In this segment of our review, we will identify both the upsides and downsides of Zoomex.

Pros

  • Trusted by more than 2 million users worldwide
  • Lucrative reward hub
  • Excellent CEX and DEX trading services
  • Maximum security
  • Supports a considerable number of cryptocurrencies and trading pairs
  • Low fees
  • No KYC
  • Fully optimized mobile experience
  • Ever-active customer support
  • Industry-standard trading tools and products

Cons

  • Limited fiat deposit channels

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Available Countries

Despite making its debut a few years ago, Zoomex has quickly established itself as one of the global crypto exchanges around.

Headquartered in Singapore, Zoomex is active in more than 30 countries worldwide, underscoring its massive growth and overall market acceptance within the broader crypto landscape. 

Zoomex

At press time, Zoomex holds a Money Services Business (MSB) license in Canada and is actively applying for more certifications in various jurisdictions. This regulatory feat signals its utmost commitment to complying with local laws and expanding its presence across the globe. 

Customer Support Service

In keeping true to its mission to deliver a streamlined crypto trading experience, Zoomex offers 24/7 multilingual customer services. It provides support in eight different international languages, spanning English, German, Chinese, Spanish, and even Japanese to accommodate its diverse user base. 

Zoomex provides live chat support so that users can connect with any of the members of the team for quick resolution of issues. Also, it has a Help Center and FAQ section which provides a variety of information that can help users solve whatever issues they face.

Zoomex customer support

Zoomex is also accessible via email and top social media channels like Twitter, Telegram, and Discord. Through these channels, the exchange actively engages its community and keeps them updated about its new product launches and also integrates users’ feedback. 

User Experience 

One critical aspect of Zoomex that has massively contributed to its viral success is its user-first posture. At its core, the exchange caters to both beginners and seasoned traders, providing everything they need to thrive in the volatile crypto realm. Its tools and products are easy-to-use and make it possible for users to capitalize on potential market opportunities. 

Adding a feather to Zoomex’s cap is its mobile app, which is accessible to both Android and iOS users. All the features provided by the exchange are properly arranged on the app’s main screen so that users can grow their portfolios with ease. It is quite responsive and mirrors all the features embedded in the desktop version, making it a must-have tool for those who love to trade on the go. 

Zoomex mobile app

In essence, Zoomex’s mobile app presents a straightforward, swift, and secure pathway for users to buy cryptocurrencies at the best prices. Also, due to its flexibility, the app ensures that users can detect and gain early entry into some of the newest cryptos on the market. 

Setting up the app is as easy as a click, thanks to its no-KYC policy. Users can download it on the Google Play Store, App Store, or the exchange’s official website. On the Google Play Store alone, the app has garnered over 500k downloads and numerous positive reviews.  

Beyond its excellent mobile experience, other key factors that have enhanced the overall user experience on Zoomex are its advanced security, exclusive educational resources, rewarding gaming segment, competitive fee structure, and regular promotions. In terms of security, Zoomex outshines many of its peers as it utilizes a multi-signal cold/hot wallet system, two-factor authentication, and several other advanced strategies to deliver a secure investment environment.

Two-factor authentication on Zoomex

Additionally, its gaming center offers several earning possibilities, allowing users to multiply their holdings while having fun. Thanks to its overall thrill and excitement, this key aspect of Zoomex has, in recent times, put it on the good books of crypto enthusiasts. 

How To Get Started With Zoomex

Being a crypto derivatives exchange that’s committed to streamlining users’ trading engagements, Zoomex has implemented a simple onboarding process. As such, if the goal is to get started with the exchange right now, here are the steps to follow:

  1. Go to the official website of Zoomex – The first step is to proceed to the official website of Zoomex using the affiliate link provided in this review. Once there, investors can check out all the offerings to discover how they suit their trading goals.
  2. Create an account – The second step is to create an account. This process requires that users provide their valid email addresses/mobile numbers and favorite passwords. Tick the “Agree with Terms & Conditions” button before signing up.
  3. Start Using Zoomex – Once the registration process is completed, users will be able to navigate a range of features available on the exchange. More so, the platform offers a welcome deposit bonus for new users.

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Zoomex Review – Our Verdict

Amid a host of crypto exchange options available, Zoomex has become the go-to spot for those looking to boost their portfolios this year. It caters to various tastes and preferences with its vast selection of trading tools that cut across spot and future markets. 

There’s also a standout gaming division featuring exhilarating crypto games like Treasure Hunt and To The Moon where users can win up to 5000x return. Likewise, it also provides multiple reward techniques through its referral program, VIP club, and many more. Therefore, whether you are a beginner or a professional user, rest assured that there is always something on the table for you at Zoomex. 

Above all, Zoomex excels when it comes to security. It operates in line with the highest standards to provide unparalleled digital asset trading services to millions of users. While guaranteeing users’ privacy through its no-KYC procedure, Zoomex has also maintained an unblemished track-record of keeping their assets safe and far from the reach of malicious actors. 

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FAQs

When was Zoomex established?

Zoomex was founded in 2021 to deliver high-quality digital asset trading services to millions of users across the globe. While its headquarters is based in Singapore, Zoomex is active in more than 30 countries and regions.

What makes Zoomex an appealing spot to trade cryptocurrencoes?

Zoomex’s market appeal is underpinned by many factors. First, the exchange has two versions - DEX and CEX, positioning it as a great choice for those who want to enjoy the benefits of centralized and decentralized exchange in one spot. Secondly, it hosts numerous industry-standard trading tools like copy trading alongside a wide range of cryptocurrencies to cater to investors’ trading goals. Other factors that have also contributed to Zoomex’s acceptability include its competitive fees, regular bonuses, security features, and mobile application amongst others.

How can I download Zoomex’s trading application?

Zoomex’s trading app can be downloaded via the Google Play Store or App Store. It is also possible to download the app from the official website of the exchange.