Zoomex Review: Top Reasons to Choose It and How It Can Elevate Your Trading Experience - Coindoo
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Zoomex Review: Top Reasons to Choose It and How It Can Elevate Your Trading Experience

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Jul 24, 2024
6 min reading time
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As we know it today, the crypto market is an ever-changing landscape filled with many earning opportunities. To give you a rough idea, the global crypto market has a market cap of $2.37T, so just imagine tapping into its potential.

However, whether you’re a newbie or an advanced trader, you’ll need a robust crypto platform to exercise your crypto expertise, so Zoomex is a notable example.

Zoomex is a centralized and decentralized cryptocurrency exchange specializing in derivatives trading, particularly futures contracts, offering its traders and investors multiple key features with high-leverage options.

This review explores Zoomex’s offerings, strengths, and potential drawbacks to help you decide if it is a good fit for your crypto journey. We’ll discuss what Zoomex does, who it caters to, and the key features that set it apart from traditional cryptocurrency exchanges.

ZOOMEX Platform

Zoomex at a Glance

Zoomex is a cryptocurrency exchange platform that goes beyond simple buying and selling.

Its specialty lies in derivatives trading, specifically futures contracts. As a result, it allows you to speculate on future price movements of cryptocurrencies without owning the underlying asset.

Besides offering futures contracts on some of the most popular cryptos, such as Bitcoin (BTC) and Ethereum (ETH), Zoomex stands out as a reliable and robust cryptocurrency service platform.

Furthermore, the platform offers a wide range of cryptocurrencies to trade with futures contracts, allowing for diversification within your portfolio. 

Therefore, you can choose between over 500 pairs, including some of the most well-known, such as BTC/ USDT, ETH/ USDT, SOL/ USDT, and many more.

Zoomex even caters to user preference with both Centralized and Decentralized Exchange options.

Top Zoomex Products to Get Started

  • Zoomex offers a CEX and DEX with no KYC needed to register;
  • You can buy Crypto Express for a quick transaction or a Slash Deposit to buy USDT with low fees;
  • Tap into some of the most popular Crypto Markets through Inverse Perpetual, USDT Perpetual, and Spot trading to gain a competitive advantage;
  • Crypto Games to get you started with your earnings – popular names include To The Moon, 1 USDT Treasure Hunt, Z-Lucky Draw, Euro 2024 Guess;
  • To keep you on the edge, Zoomex offers many challenges, the reward club, the VIP club, and others;

The Zoomex Crypto Exchange 

The Zoomex exchange is a robust platform launched in 2021 that offers a secure trading experience for all investors, regardless of their experience.

Therefore, whether you’ve just started or are a more experienced investor, check out their crypto services, including Zoomexs’ trading and charting tools.

Also, Zoomex supports over 300 perpetual contracts and has gathered a user base of over 2 million registered users from 30 countries since its launch.

But these aren’t the only aspects that showcase Zoomex’s potential. Their competitive fees are also a great advantage, but let’s see what are they:

Perpetual Contracts Fees

  • BTC/USD: Highest Leverage – 100x, Maker’s Fee – 0.02%, Taker’s Fee – 0.06%;
  • ETH/USD: Highest Leverage – 100x, Maker’s Fee – 0.02%, Taker’s Fee – 0.06%;
  • XRP/USD: Highest Leverage – 50x, Maker’s Fee – 0.02%, Taker’s Fee – 0.06%;
  • EOS/USD: Highest Leverage – 50x, Maker’s Fee – 0.02%, Taker’s Fee – 0.06%;

USDT Contract Fees

  • Maker’s Fee: 0.02%;
  • Taker’s Fee:  0.06%;

As such, this easy-to-follow interface, its copy trading feature, high trading speed, and competitive fees offer you a quick, on-the-go trading experience to upskill your monthly earnings.

The Zoomex Advanced Derivatives Market

The Zoomex Advanced Derivatives Market

As mentioned, Zoomex offers a secure and reliable derivatives market for starting your crypto trading career.

You can achieve your financial investment markup using various contracts, such as the USDT perpetual and inverse perpetual contracts, and two margin modes, like the cross margin and isolated margin.

However, if you are a beginner, the isolated mode is the best option as it reduces exposure and potential risks.

The Zoomex Copy Trading

The Zoomex Copy Trading

If you’re into trading features but don’t know where to get started, then you could use the copy trading feature, which allows you to copy based on the others’ proven track expertise.

Therefore, you can choose a master trader to follow, and your Zoomex account takes care of the rest, copying the trading strategy in real-time.

This is a reliable solution for learning more and enjoying earnings securely and transparently. As such, you can always see a detailed overview of your master traders, such as past performance and others.

But here’s the catch: you can always become a master trader, and this is a viable solution as they earn up to 3000 USDT, and you’ll get up to 10% of the profits generated from your followers’ trades.

The Zoomex Fees

Zoomex is known within the crypto community for having low fees, and even more so with the VIP club discount.

For crypto derivatives trading, the exchange charges a 0.02% fee for makers and a 0.06% fee for takers for inverse perpetual, USDT perpetual, and copy trading. The spot trading fees are 0.1 % for makers and takers.

Crypto deposits and withdrawals are zero, yet the withdrawal fees depend on the asset.

The Benefits of Choosing Zoomex

1. No KYC Required

Firstly, Zoomex is a no-KYC crypto exchange that ensures anonymity and prioritizes privacy and security. Their commitment to anonymity ensures that your data remains private and secure, offering you peace of mind regardless of whether you are a newbie or an advanced trader.

2. Secure and Compliant

Zoomex also upholds stringent security measures and regulatory standards, whereby Zoomex ensures all transactions comply with existing regulations, fostering a secure and legitimate trading environment.

3. Robust Market Making

But if solid liquidity is your main interest, Zoomex provides it. Their platform is a reliable and robust market-making (MM) venture that offers top-tier liquidity, ensuring a smooth and efficient trading experience.

4. Zoomex Native Token Sustainability

Furthermore, unlike competitors who launched native tokens early on, Zoomex has strategically timed the introduction of its native token. As a result, by the end of 2024, you can discover and trade their native token, reinforcing their platform’s growth and innovation.

5. Customer-Centric Approach

But a crypto exchange isn’t complete without a customer-centric approach that actively responds to your inquiries, and Zoomex knows best. They tackle everything with your needs in mind, developing their platform based on feedback from surveys and reports.

Learn more about Zoomex, its events, and generous rewards on the project’s official website, including the World Cup and Euro Cup. Be sure to sign up if Zoomex fits your needs.

Final Thoughts

Zoomex positions itself as a secure and feature-rich platform for crypto derivatives trading, offering multiple benefits, such as low fees, anonymity, and a user-friendly interface.

However, as with any crypto investment, consider the risks associated with leverage and margin calls in derivatives trading.

Moreover, if you prioritize anonymity, Zoomex is worth exploring!

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* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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