Zoomex Review 2024

Our veredict

Zoomex has positioned itself as a strong contender in the crypto trading landscape, particularly excelling in futures trading. The platform offers some of the lowest fees in the industry, with a taker fee of 0.06% and a maker fee of 0.02% for futures, making it highly cost-effective for active traders. The exchange supports a wide array of futures contracts with leverage up to 150x, which is ideal for traders looking to maximize their market exposure. Additionally, Zoomex’s emphasis on privacy by not requiring KYC verification will appeal to users who prioritize anonymity.

Despite its strengths, Zoomex has limitations. The platform’s spot trading options are relatively limited compared to major exchanges, offering only 57 tokens for spot trading. Furthermore, it lacks staking options, which might be a drawback for users looking to earn passive income from their holdings. Overall, Zoomex is best suited for experienced traders who focus on futures and leverage trading, while beginners might find its features and options a bit overwhelming.

Pros

Low Trading Fees Zoomex offers some of the lowest trading fees in the industry, with a taker fee of 0.06% and a maker fee of 0.02%, making it highly attractive for frequent traders looking to minimize costs.
High Leverage Options Traders on Zoomex can take advantage of leverage up to 150x on futures contracts, allowing them to amplify their market positions and potential profits significantly.
No KYC Required Zoomex allows users to trade and withdraw up to 100 BTC daily without the need for KYC verification, offering enhanced privacy and a simpler registration process.

Cons

2,5

Threenvest Score

Fees

0.10% per transaction

U.S Legal

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Why choose Zoomex?

Zoomex stands out as a top choice for cryptocurrency futures trading due to its exceptionally low fees and high leverage options. The platform’s taker fee is just 0.06%, and the maker fee is even lower at 0.02%, making it one of the most cost-effective exchanges for high-frequency traders. Additionally, Zoomex offers leverage up to 150x on its futures contracts, allowing traders to maximize their market exposure and potential profits. This makes it an ideal platform for those who are experienced in managing leveraged positions .

Another key advantage of Zoomex is its emphasis on user privacy and security. The exchange does not require KYC verification for most of its services, allowing users to trade anonymously and maintain their privacy. This is particularly appealing to users who prioritize anonymity in their trading activities. Furthermore, Zoomex employs robust security measures, including multi-signature wallets and two-factor authentication, to protect user funds and data from potential threats.

Finally, Zoomex’s comprehensive suite of trading tools and features, such as copy trading, enhances its appeal to both novice and experienced traders. The copy trading feature allows beginners to replicate the strategies of successful traders, providing an opportunity to profit without extensive trading knowledge. Coupled with its user-friendly interface and 24/7 multilingual customer support, Zoomex ensures a seamless and supportive trading experience for all its users.

Xavier Tarrasó

EIP and Cryptocurrency Investor

As an expert in the field, I highly recommend Zoomex for its exceptional futures trading capabilities. The platform’s low fees, ranging from 0.02% to 0.06%, are among the best in the industry, making it highly cost-effective for active traders. Additionally, Zoomex’s offer of up to 150x leverage allows you to significantly amplify your trading positions, which can greatly enhance your potential returns. The anonymity provided by its no-KYC policy is also a major advantage, ensuring your privacy while trading. For those looking to maximize their trading efficiency and privacy, Zoomex is a top choice.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.