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Zipmex Review

Last Updated on March 20, 2024

James Headshot
Written by
Adam Headshot
Edited by
Zipmex logo
3.87
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit Zipmex

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Zipmex provides an appealing offering for anyone interested in exploring the cryptocurrency market. With accessible trading features, competitive fees and robust security features it stands out as an appealing cryptocurrency exchange option.

As market conditions continuously evolve, Zipmex appears well-positioned to adjust and stay at the forefront of industry growth.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Supports various cryptocurrencies
  • User-friendly interface
  • Offers an interest-bearing account feature
  • Provides a secure trading platform
  • Regulatory compliance in multiple jurisdictions

Cons

  • Limited educational resources for new traders
  • Customer support can be slow to respond
  • Not available to users in all countries
  • Higher fees compared to some other exchanges
  • Limited advanced trading features for professional traders

Quick Summary

Headquarters Location International
Fiat Currencies Supported USD + 1 other
Total Supported Cryptocurrencies 74+
Trading Fees 0.10% - 0.20%
Deposit Methods Bank Transfer, Cryptocurrency, OVO, ShopeePay, DANA, GoPay, LinkAja
Support Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

Zipmex has quickly established itself as one of the leading cryptocurrency exchanges in recent years, serving as an intermediary for investors with various digital assets and providing an accessible platform to both experienced traders and those new to cryptocurrency trading alike.

Zipmex homepage

Zipmex’s rise in the crypto exchange market demonstrates its growing appeal among an ever-expanding investor base. Zipmex has established itself by catering its offerings to meet both retail and institutional participant requirements – another testament to the dynamic nature of crypto.

As digital currencies gain in popularity worldwide, platforms like Zipmex are increasingly seen as indispensable tools for diversifying investment portfolios beyond traditional asset classes.

About Zipmex

Zipmex was co-founded by Marcus Lim and Akalarp Yimwilai and quickly rose to prominence within the crypto exchange industry. Their user-friendly platform offers access to multiple assets – making them a favorite choice among crypto investors.

Zipmex was launched with the goal of expanding access to digital tokens and developing trust among its users.

Zipmex features

Zipmex has navigated the ups and downs of the crypto market since its establishment, from bullish runs to significant corrections. These market dynamics have informed Zipmex’s strategies and offerings, meeting investor demands.

Historical events, including institutional investor entry into crypto space, have played a pivotal role in Zipmex’s development; leading it to upgrade its service suite for more sophisticated clients and increase capacity. Zipmex’s journey exemplifies resilience and adaptation required in digital finance’s ever-evolving landscape.

Zipmex has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Reddit, Telegram and YouTube.

Zipmex has a mobile app on both the Apple App Store and Google Play.

Zipmex Supported Cryptocurrencies

Zipmex supports trading on over 74 cryptocurrencies on their platform. This exchange currently supports 17 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • USDC (USDC)
  • XRP (XRP)
  • Dogecoin (DOGE)
  • Toncoin (TON)
  • Cardano (ADA)
  • Shiba Inu (SHIB)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Polkadot (DOT)
  • Chainlink (LINK)
  • Bitcoin Cash (BCH)
  • NEAR Protocol (NEAR)
  • Polygon (MATIC)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • UNUS SED LEO (LEO)
  • Dai (DAI)
  • Uniswap (UNI)
  • Ethereum Classic (ETC)
  • Pepe (PEPE)
  • Hedera (HBAR)
  • Render (RNDR)
  • Aptos (APT)
  • Immutable (IMX)
  • First Digital USD (FDUSD)

Trading Experience

Zipmex provides an intuitive onboarding experience designed to meet the needs of both novice and seasoned traders alike. Their intuitive interface enables traders to efficiently navigate the markets.

Advanced trading tools, including trend lines and analytical functions, enhance the trading experience for those seeking more complex approaches.

Zipmex’s trading experience is tailored to meet the demands of an array of traders. Its robust infrastructure supports high-speed trading, ensuring quick execution times – vital when engaging in complex trading strategies.

With Zipmex’s comprehensive suite of advanced trading tools, traders can analyse market trends precisely and make informed investment decisions with confidence. Zipmex’s commitment to creating an intuitive trading environment speaks to their understanding of crypto market dynamics.

Zipmex exchange marketing

Zipmex Fees

Navigating Zipmex’s fee structure reveals an intricate competition. The exchange utilizes a maker and taker fee model designed to encourage liquidity while keeping costs under control for its customers.

Deposit and withdrawal fees have been designed in such a way as to encourage active trading without becoming onerous.

An exploration of Zipmex’s fee structure reveals an intricate system designed to promote market liquidity. Aligning maker and taker fees with market activity helps Zipmex strike an appropriate balance between attracting high-volume traders while offering affordability for newcomers.

Deposit and withdrawal fees that do not burden users and are carefully set show a commitment to creating an inviting trading environment. Not only is the fee strategy an indicator of an exchange’s understanding of trading economics but it can also serve to attract loyal users through financial incentives.

Type Fee
Deposit Fee (Bank Transfer) $25 USD
Trading Fee 0.10% - 0.20%
Withdrawal Fee (Bank Transfer) $25 USD (min. of 30 USD withdrawal)

Zipmex supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.0002 BTC. The average across all other exchanges that we've reviewed is 0.000409 BTC. This means Zipmex charges below the industry average by 51.08%.

Zipmex has a maker/taker fee schedule which you can see below.

Member Level VIP VIP 1 VIP 2 VIP 3 VIP 4
Criteria Buy and lock 100 ZMT Buy and lock 1000 ZMT Buy and lock 5000 ZMT Buy and lock 20,000 ZMT
Discount 0.00% Off 10% Off 20% Off 35% Off 50% Off
Maker Fee 0.20% 0.18% 0.16% 0.13% 0.10%
Taker Fee 0.20% 0.18% 0.16% 0.13% 0.10%

Security - Is Zipmex Safe?

Security and regulation are paramount in the digital currency exchange world, so Zipmex has taken significant measures to provide a safe trading environment by implementing robust code technology and compliance measures.

The platform works closely with regulators to meet industry standards, adding another layer of protection for user investments.

Security of digital finance exchanges is at the core of their reputation and user trust, and Zipmex emphasizes its dedication to safety by constantly reinforcing cyber defenses and adhering to best practices.

Zipmex goes beyond traditional security measures by employing advanced safeguards and real-time monitoring systems to ward off potential threats. Through investing in cutting-edge security protocols and keeping users informed, Zipmex aims to offer digital assets protection in an ever-evolving threat landscape.

Zipmex Customer Support

Zipmex’s customer support team is both responsive and knowledgeable, offering assistance across various channels to customers with queries ranging from account setup to complex trading inquires – evidence of our commitment to providing excellent service for our clients.

Zipmex’s customer support team excels in this regard, providing assistance that covers everything from basic account queries to complex issues.

Zipmex prides itself on meeting customer needs quickly and effectively, reflecting its overall dedication to customer care. By providing a reliable support system for its users, Zipmex fosters an environment in which customers feel valued while trusting in its ability to meet them.

Zipmex support

Zipmex Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on Zipmex

  1. Create Account - Visit the Zipmex website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay
  • OVO
  • ShopeePay
  • DANA
  • GoPay
  • LinkAja

Zipmex Alternatives

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Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
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Trading Fees
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Fiat Currencies Supported
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Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

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Fiat Currencies Supported
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Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
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Fiat Currencies Supported
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Final Thoughts

Zipmex has made itself known in the crypto market. Offering user-centric service and numerous trading options, this exchange stands out for providing an exceptional trading experience.

The cryptocurrency sector stands at a critical juncture, holding immense power to shape digital finance’s future. Crypto exchanges such as Zipmex are key players in this transformation process and offer access to an array of digital assets.

As the industry matures, exchanges will likely adapt their role accordingly; adding services or asset classes that better suit an increasingly sophisticated market. Reacting quickly to market trends and regulatory developments is crucial in maintaining their relevance for success over the long term.

Zipmex FAQs

Zipmex operates as a cryptocurrency exchange, providing a platform for trading various digital assets. Marcus Lim, the CEO, and co-founder has aimed to offer an exchange that caters to both beginner and advanced traders.

The platform includes features such as advanced trading tools and a range of cryptocurrencies, supporting popular coins like Bitcoin and Ethereum. Zipmex has also launched its native token, Zipmex Token (ZMT), which provides benefits depending on the membership level.

The company has established a presence in the industry with Zipmex Australia Pty Ltd and other regional entities. For traders considering Zipmex, it’s advisable to look at independent reviews for user experience anecdotes, consider the competitive trading fees, deposit methods, and the withdrawal process as these factors can vary between exchanges.

Yes, customers are typically able to initiate withdrawals from their Zipmex accounts, moving their assets to another wallet or converting them to fiat currency. However, the withdrawal process, including the speed and any associated withdrawal fees, can be based on several factors including verification level, the type of currency, or market conditions.

Major creditors and investors may have different experiences. Zipmex Australia and its counterparts aim to offer liquid markets and a secure trading environment for their users.

It is important to note that withdrawal options and regulations may vary by region and company. For specific details on withdrawal procedures and any potential issues, it is advised to contact Zipmex’s customer support team or refer to their official communication channels for the latest news and updates.

Zipmex operates in various jurisdictions, including Singapore, where the crypto exchange industry undergoes regulation. The Monetary Authority of Singapore (MAS) is the key financial regulatory authority that oversees the operation of financial firms, including digital assets exchanges.

As of the last update, potential users should confirm the current regulatory status of Zipmex in Singapore by checking with MAS or looking into the most recent news from reputable sources. It is crucial for traders and crypto investors to trade with exchanges that are compliant with the securities regulator in the region to ensure an additional layer of security and adherence to financial industry standards.

Information regarding the acquisition or change of ownership of Zipmex would typically be made public through official press releases or news from financial news outlets like Bloomberg News. To find out the latest on who may have bought Zipmex or any strategic partnerships it may have entered, it would be necessary to refer to the most recent news articles, official announcements by the company, or statements given by company executives such as Marcus Lim or Akalarp Yimwilai.

Since these details can change over time, staying updated with the latest information directly from the company or through reliable news sources is key.

Zipmex is a Singapore-based cryptocurrency exchange. It operates in several regions, providing services to a wide customer base.

Within the company, decision-makers like Marcus Lim (CEO) and Akalarp Yimwilai (co-founder) have established Zipmex to serve multiple markets, offering a variety of investment opportunities through their digital trading platform. This includes Zipmex Australia Pty Ltd, which caters to users in the Australian market.

As an international firm, they offer mobile apps and customer support in various languages to accommodate users with access to their platform from around the world.

To sell on Zipmex, you would typically need to create an account, complete any necessary KYC (Know Your Customer) procedures, and ensure that your account is funded with the digital assets or fiat currency you intend to sell. Zipmex, like other crypto exchanges, provides a trading platform where you can place sell orders for your crypto assets.

The platform includes advanced trading tools that can cater to high-volume traders and advanced traders. After placing a sell order, once it is matched with a buyer, the transaction will be executed, and the crypto assets will be exchanged for the agreed currency.

It is advisable to familiarize yourself with the trading platform’s interface, any applicable trading fees, and trading volume conditions. Customer Service or an onboarding experience provided by the exchange can guide you through the process.

Zipmex is a digital assets exchange that operates in Singapore among other regions. The regulatory environment for cryptocurrency exchanges in Singapore is managed by the Monetary Authority of Singapore (MAS).

To determine whether Zipmex is currently regulated by MAS, it would be necessary to consult the latest information provided by the MAS or to check the most recent updates from the company. Regulation ensures adherence to financial industry standards and can offer an additional layer of security for traders and investors.

For any cryptocurrency exchange, including Zipmex, it’s critical for users to verify the exchange’s regulatory status as it can affect the level of trust and security offered by the company.

To stay informed on what is happening with Zipmex, customers and interested parties should look for the latest developments in news from credible sources such as Crypto News or Crypto News Australia. Updates can include information on new programs, changes in the withdrawal process, partnerships with firms like Babel Finance, creditor protection measures, or any other significant events affecting the company’s operation.

It’s also important to keep an eye on market trends and industry news, as they can impact digital asset exchanges. For the most current and accurate information regarding Zipmex and its operations, always refer to the official statements released by the company or by the individuals familiar with the company’s decisions, such as CEO Marcus Lim or co-founder Akalarp Yimwilai.

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Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: