Security, Charges, Execs & Cons

The cryptocurrency market continues to evolve quickly, with new exchanges rising on a regular basis. One such platform is Zoomex, established in 2021 to supply 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 charge construction. We’ll additionally study its potential benefits and limitations, offering you with all of the insights wanted to find out if this change is the right match on your buying and selling wants.

Key Takeaways:

1. Zoomex is a spot and futures cryptocurrency change with different superior options like copy buying and selling, leverage buying and selling, and no KYC buying and selling.
2. It affords 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.
3. 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 easy buying and selling expertise and powerful safety protocols. The platform is designed for each novices and seasoned merchants, providing quite a lot of superior charting and buying and selling instruments.

It helps over 300 perpetual contracts and has a major consumer base with 2 million registered customers from 30 nations. 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, guaranteeing a quick and environment friendly buying and selling expertise. The platform affords numerous providers, together with spot buying and selling, derivatives buying and selling, and decentralized change choices. You too can take part in copy buying and selling and use the cell app for buying and selling on the go.

Execs of Zoomex

• No KYC buying and selling, with out requiring private info
• Trading charges are customizable based mostly on the consumer, which different exchanges don’t supply
• They supply buyer assist across the clock, which may help resolve any points
• Quick and handy deposit and withdrawal providers for numerous cryptocurrencies
• Not like some exchanges, Zoomex doesn’t problem 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 out there
• Doesn’t assist automated buying and selling bots and staking providers

Zoomex Options: Why Select Zoomex?

Superior Derivatives Market

Zoomex Alternate affords a sturdy derivatives market designed for numerous buying and selling methods. This market contains several types of contracts, akin 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, akin to Bitcoin or Ethereum, slightly than in a stablecoin. Which means earnings and losses are realized within the cryptocurrency itself.

To commerce derivatives, it additionally affords two margin modes: cross margin and remoted margin.

1. In cross-margin mode, all out there stability within the dealer’s account is shared amongst all open positions to stop liquidation.
2. In remoted margin mode, the margin is proscribed to the quantity allotted to every place. If the place is prone 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 cut back publicity and threat. 

 Zoomex affords as much as 300 futures contracts. This provides merchants many various buying and selling choices. Merchants can use leverage as much as 150x.

Copy Trading

Zoomex’s copy buying and selling function enables you to copy the trades of skilled merchants, referred to as grasp merchants. This helps novices make earnings with out having to know lots about buying and selling. The way it works: once you select a grasp dealer to observe, your account will robotically copy their trades in real-time. This implies no buying and selling information is required.

A number of the advantages are:

• Transparency: You possibly can see detailed details about grasp merchants, akin to their previous efficiency and buying and selling methods. This helps you select the proper dealer to observe.
• Fingers-Free Trading: You don’t must continually watch the market or handle your trades.
• Earnings: Grasp merchants can earn as much as 3,000 USDT in month-to-month bonuses based mostly on their buying and selling success and follower depend, on prime of their very own buying and selling earnings.
• Revenue Sharing: When you turn into 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 change. This implies you possibly can commerce with out finishing ID verification, which simplifies and hastens 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 day by day withdrawal restrict to 200 BTC.

Excessive Safety Measures

Zoomex prioritizes the security of its customers’ property by a number of sturdy safety measures. One of many major safety features is the usage of multi-signature (multi-sig) wallets for each hot and cold storage. This technique requires a number of approvals for a transaction, making it tougher for unauthorized entry. You too can arrange 2FA utilizing Google Authenticator.

Plus, Zoomex makes use of superior safety protocols to make sure platform integrity. Steady monitoring and real-time information evaluation assist detect and reply to suspicious exercise shortly. The platform is designed to supply excessive liquidity and dependable pricing, even in risky markets, guaranteeing zero value slippage.

The crypto change additionally affords 24/7 multilingual buyer assist to assist customers with any safety points. This fixed assist ensures customers can get assist at any time when wanted, growing the platform’s reliability and safety.

Numerous Occasions and Beneficiant Rewards

Zoomex hosts quite a lot of occasions and affords quite a few bonus rewards for its customers.

It affords a major signup bonus for brand new customers, which may go as much as $45,115. This bonus is accessible when new customers create an account, make their first deposit, and begin buying and selling. The precise rewards are tiered based mostly on the quantity deposited and the buying and selling actions undertaken by the consumer.

As an illustration, depositing $500 could make you eligible for a $10 reward. Plus, the Zoomex Job Heart means that you can full easy duties to say unique rewards. These duties embody actions like logging in day by day, making trades with excessive buying and selling quantity, or collaborating in group occasions. Rewards from the Job Heart can embody buying and selling bonuses and charge reductions.

Swap between Centralized and Decentralized Alternate

Zoomex affords each centralized (CEX) and decentralized (DEX) change providers. 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 sensible contracts. This ensures privateness and management over property, as transactions are immediately 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 fees 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 gives much more vital charge 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, it’s essential 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 a minimum of $5 million, the maker charge is 0.020% and the taker charge is decreased to 0.036% (a 40% low cost).
• VIP2: With a buying and selling quantity of $10 million, the taker charge 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 charge is decreased by 70% to 0.006% and the taker charge by 55% to 0.027%.
• VIP5: The very best stage, requiring $100 million in buying and selling quantity, affords a 90% low cost on maker charges (0.002%) and a 60% low cost on taker charges (0.024%).

Along with charge reductions, VIP members can earn month-to-month bonuses based mostly 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 akin to personalised buyer assist, greater withdrawal limits, and entry to a precedence service for deposits and withdrawals. Verify full Zoomex VIP advantages right here.

Zoomex Overview: Last Ideas

To sum up our Zoomex assessment, it’s a widespread crypto asset buying and selling platform. It notably fits these involved in spot buying and selling, futures buying and selling, and no-KYC buying and selling. Their deal with safety with options like multi-signature chilly wallets can also be a optimistic level to contemplate. 

Nevertheless, the shortage of superior buying and selling instruments like margin buying and selling, choices buying and selling, and staking providers is an easy disadvantage.

Disclaimer: The content material is offered by Zoomex in collaboration with the NFTevening workforce to focus on the options and advantages of the Zoomex change.