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Zoomex Evaluation 2024: Security, Charges, Professionals & Cons

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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 overview, the place we delve into the platform’s cutting-edge buying and selling options, strong 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 to your buying and selling wants.

Key Takeaways:

  1. 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.
  2. It provides a derivatives market with up to 300 futures contracts, together with USDT perpetual and inverse perpetual contracts, with leverage of up to 150x for some buying and selling pairs.
  3. Zoomex makes use of multi-signature wallets, 2FA, and superior safety protocols to make sure the protection of customers’ property, with 24/7 multilingual buyer help.

Zoomex Trade 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 a wide range 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 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 provides numerous providers, together with spot buying and selling, derivatives buying and selling, and decentralized trade choices. You can too take part in copy buying and selling and use the cellular app for buying and selling on the go.

Professionals of Zoomex

  • No KYC buying and selling, with out requiring private info
  • Trading charges are customizable based mostly on the person, which different exchanges don’t provide
  • They supply buyer help across the clock, which may also help resolve any points
  • Quick and handy deposit and withdrawal providers for numerous cryptocurrencies
  • Not like some exchanges, Zoomex doesn’t challenge its personal tokens, avoiding potential conflicts of curiosity

Cons of Zoomex

  • Restricted fiat forex deposit channels
  • Some superior buying and selling options like margin buying and selling and choices buying and selling should not accessible
  • Doesn’t help automated buying and selling bots and staking providers

Zoomex Options: Why Select Zoomex?

Superior Derivatives Market

Zoomex Trade provides a sturdy derivatives market designed for numerous buying and selling methods. This market consists of several types of contracts, similar 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 brief with out an expiration date.
  • Inverse perpetual contracts are settled within the underlying cryptocurrency, similar to Bitcoin or Ethereum, quite 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.

  1. In cross-margin mode, all accessible stability within the dealer’s account is shared amongst all open positions to forestall liquidation.
  2. In remoted margin mode, the margin is restricted to the quantity allotted to every place. If the place is vulnerable to liquidation, solely the remoted margin is in danger, defending the remainder of the dealer’s funds. So, in case you are a newbie, we advocate beginning with an remoted mode to cut back publicity and threat. 

 Zoomex provides up to 300 futures contracts. This offers merchants many various buying and selling choices. Merchants can use leverage up to 150x.

Advanced Derivatives Market

Copy Trading

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

A few of the advantages are:

  • Transparency: You may see detailed details about grasp merchants, similar to their previous efficiency and buying and selling methods. This helps you select the suitable dealer to observe.
  • Arms-Free Trading: You don’t have to continually watch the market or handle your trades.
  • Earnings: Grasp merchants can earn up to three,000 USDT in month-to-month bonuses based mostly on their buying and selling success and follower rely, on high of their very own buying and selling earnings.
  • Revenue Sharing: When you change into a grasp dealer, you get up to 10% of the earnings generated out of your followers’ trades.

Copy Trading

No KYC Required

Zoomex is a well-liked no-KYC crypto trade. This implies you may commerce with out finishing ID verification, which simplifies and speeds up 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 may withdraw up to 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 each day withdrawal restrict to 200 BTC.

Excessive Safety Measures

Zoomex prioritizes the protection of its customers’ property by way of a number of robust safety measures. One of many foremost security measures is the usage of multi-signature (multi-sig) wallets for each cold and warm storage. This method requires a number of approvals for a transaction, making it more durable for unauthorized entry. You can too set up 2FA utilizing Google Authenticator.

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

The crypto trade additionally provides 24/7 multilingual buyer help to assist customers with any safety points. This fixed help ensures customers can get assist each time wanted, growing the platform’s reliability and safety.

High Security Measures

Numerous Occasions and Beneficiant Rewards

Zoomex hosts a wide range of occasions and provides quite a few bonus rewards for its customers.

It provides a big signup bonus for brand spanking new customers, which might go up to $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 based mostly on the quantity deposited and the buying and selling actions undertaken by the person.

As an example, depositing $500 could make you eligible for a $10 reward. Plus, the Zoomex Process Middle lets you full easy duties to say unique rewards. These duties embody actions like logging in each day, making trades with excessive buying and selling quantity, or taking part in neighborhood occasions. Rewards from the Process Middle can embody buying and selling bonuses and payment reductions.

Diverse Events and Generous Rewards

Change between Centralized and Decentralized Trade

Zoomex provides each centralized (CEX) and decentralized (DEX) trade providers. You may change between each exchanges with a easy toggle button. 

The decentralized aspect of Zoomex lets you have interaction in nameless, intermediary-free transactions through good contracts. This ensures privateness and management over property, as transactions are immediately managed on the Ethereum blockchain with out a government. You may learn extra about Zoomex DEX right here

Zoomex Charges & VIP Advantages

For normal customers, Zoomex prices a few 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 offers 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, that 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 at the least $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 degree, 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%).

Zoomex Fees & VIP Benefits

Along with payment 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 degree.

Zoomex’s VIP members additionally get pleasure from unique privileges similar to personalised buyer help, larger withdrawal limits, and entry to a precedence service for deposits and withdrawals. Examine full Zoomex VIP advantages right here.

Zoomex Evaluation: Ultimate Ideas

To sum up our Zoomex overview, it’s a well-liked crypto asset buying and selling platform. It significantly fits these excited by 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 constructive level to contemplate. 

Nevertheless, the dearth of superior buying and selling instruments like margin buying and selling, choices buying and selling, and staking providers is a straightforward disadvantage.

Disclaimer: It is a sponsored publish. The content material is supplied by Zoomex in collaboration with the NFTevening staff to spotlight the options and advantages of the Zoomex trade.

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