We may earn a commission from links on our site, but this doesn’t affect our reviews. Advertiser Disclosure

Zipmex Review

Last Updated on January 31, 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 offers a compelling package for those looking to engage with the cryptocurrency market. Its blend of accessible trading features, competitive fees, and robust security measures makes it a noteworthy option among crypto exchanges.

While market conditions continually evolve, Zipmex appears poised to adapt and maintain its place within the industry.

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 is a well-recognised cryptocurrency exchange that has been making waves in the digital assets market. This exchange serves as a bridge connecting investors with a plethora of crypto assets, providing a robust platform for both seasoned traders and those new to the cryptocurrency scene.

Zipmex homepage

Zipmex’s rise in the crypto exchange market reflects the growing appeal of digital assets among a broader investor base. This exchange has carved out a niche by tailoring its offerings to meet the evolving needs of both retail and institutional participants, highlighting the dynamic nature of the crypto industry.

As digital currencies continue to capture the interest of the global market, platforms like Zipmex play a crucial role in facilitating the diversification of investment portfolios, reaching beyond traditional asset classes.

About Zipmex

Zipmex, co-founded by Marcus Lim and Akalarp Yimwilai, has quickly risen to prominence within the crypto exchange industry. The platform prides itself on offering a user-friendly experience coupled with a range of assets, making it a popular choice among crypto investors.

Since its inception, Zipmex has focused on expanding access to digital tokens and fostering a level of trust among its users.

Zipmex features

Since its establishment, Zipmex has navigated the ebbs and flows of the crypto market, from bullish runs to significant corrections. These market dynamics have shaped the exchange’s strategies and offerings, adjusting to the shifting demands of crypto investors.

Historical events, such as the entry of institutional investors into the crypto space, have also influenced Zipmex’s development, leading to enhancements in its service suite to cater to a more sophisticated clientele. The exchange’s journey is emblematic of the resilience and adaptability required to thrive in the ever-changing landscape of digital finance.

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 18 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • USDC (USDC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • Shiba Inu (SHIB)
  • Chainlink (LINK)
  • TRON (TRX)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Bitcoin Cash (BCH)
  • Toncoin (TON)
  • Uniswap (UNI)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Ethereum Classic (ETC)
  • Filecoin (FIL)
  • Cosmos (ATOM)
  • Immutable (IMX)
  • NEAR Protocol (NEAR)
  • UNUS SED LEO (LEO)
  • Aptos (APT)
  • Stacks (STX)
  • Optimism (OP)

View all cryptocurrencies Zipmex supports

  • 1INCH
  • AAVE
  • ADA
  • AFIN
  • ALGO
  • ALICE
  • ALPHA
  • APE
  • ATLAS
  • ATOM
  • AVAX
  • AXS
  • BAL
  • BAND
  • BAT
  • BCH
  • BNB
  • BNT
  • BTC
  • CGU
  • CHZ
  • COMP
  • CRV
  • CTSI
  • CVX
  • DOT
  • DYDX
  • EGLD
  • ENJ
  • ETH
  • FTM
  • FTT
  • GALA
  • GLMR
  • GODS
  • GRT
  • HOT
  • ILV
  • IMX
  • KNC
  • LINK
  • LTC
  • LUNA
  • MANA
  • MATIC
  • MC
  • MKR
  • NEAR
  • OMG
  • ONE
  • PLN
  • PYR
  • RUNE
  • SAND
  • SLP
  • SNX
  • SOL
  • SPS
  • SUSHI
  • SWAP
  • SXP
  • TOK
  • UNI
  • USDC
  • USDT
  • VET
  • XLM
  • XRP
  • XTZ
  • YFI
  • YGG
  • YLDY
  • ZMT
  • ZRX

Trading Experience

Zipmex delivers an onboarding experience that aims to cater to both novices and advanced traders. The interface is intuitive, which allows traders to navigate the markets efficiently.

Advanced trading tools, including trend lines and various analytical functions, enhance the trading experience for those who demand a more sophisticated approach.

Zipmex’s trading experience is crafted to satisfy the demands of a broad spectrum of traders. The platform’s robust infrastructure supports High-speed trading, ensuring rapid execution of trades which is vital for those engaging in sophisticated trading strategies.

With a comprehensive suite of advanced trading tools, traders can analyse market trends with precision and make informed investment decisions. Zipmex’s commitment to delivering a seamless and effective trading environment is a testament to its understanding of the complexities and nuances of crypto market dynamics.

Zipmex exchange marketing

Zipmex Fees

Navigating the fee structure of Zipmex reveals a competitive landscape. The exchange employs a maker and taker fee model that is designed to incentivise liquidity while ensuring that trading costs remain manageable for its customers.

Deposit fees and withdrawal fees are structured in a way that encourages active trading, without being onerous.

A deep dive into Zipmex’s fee structure reveals a nuanced approach tailored to foster a liquid market. By aligning its maker and taker fees with market activity, Zipmex strikes a balance between attracting high-volume traders and providing affordability for newcomers.

The absence of burdensome deposit fees and the strategic setting of withdrawal fees exhibit a commitment to maintaining an attractive trading environment. This fee strategy is not only a reflection of the exchange’s understanding of trading economics but also of its desire to create a loyal user base 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 compared to the industry average of 0.000075 BTC. So Zipmex has a fee that is above the industry average by 166.67%.

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 world of digital currency exchanges. Zipmex has taken considerable steps to ensure a secure trading environment, implementing robust code technology and compliance measures.

The platform has also worked closely with regulators to meet industry standards, which adds an additional layer of security for its users’ investments.

In the realm of digital finance, the security of an exchange is a cornerstone of its reputation and user trust. Zipmex underscores its commitment to security through continuous reinforcement of its cyber defences and adherence to best practices.

Moving past fundamental security measures, the platform incorporates advanced safeguards and real-time monitoring systems to preempt potential threats. By investing in cutting-edge security protocols and maintaining transparency with users, Zipmex aims to provide a sanctuary for digital assets against the backdrop of a threat landscape that is as innovative as it is persistent.

Zipmex Customer Support

The customer support team at Zipmex is both responsive and knowledgeable, providing assistance to customers across various channels. The support extends to addressing a wide range of queries, from account setup to complex trading inquiries, indicating a high level of dedication to customer satisfaction.

In the fast-paced world of crypto trading, the calibre of customer support can greatly enhance user satisfaction. Zipmex’s customer support team embodies this ethos, delivering comprehensive assistance that extends from basic account queries to more complex issues.

The team’s dedication to addressing customer needs promptly and effectively reflects the exchange’s overall focus on customer care. By providing a reliable support system, Zipmex fosters a trading environment where customers feel valued and confident in the platform’s ability to respond to their needs.

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

Binance logo

Binance

3.27
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
359+

Trading Fees
0.10%

Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 78 others

Visit Binance
Kraken logo

Kraken

3.67
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
233+

Trading Fees
0.06% - 0.16%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

Visit Kraken
OKX logo

OKX

3.75
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
332+

Trading Fees
0.06% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX

Final Thoughts

Reflecting on Zipmex, it’s clear that the exchange has positioned itself as a significant player in the crypto market. With a user-centric approach and a diverse range of trading options, the exchange stands out for its commitment to providing a comprehensive trading experience.

The cryptocurrency sector is at a pivotal juncture, with the potential to significantly shape the future of digital finance. Crypto exchanges are at the heart of this transformation, with platforms like Zipmex offering a gateway to a diverse range of digital assets.

As the industry matures, the role of exchanges will likely evolve, potentially incorporating new services and asset classes to meet the growing sophistication of the market. The agility of these platforms in responding to market trends and regulatory developments will be crucial in securing their long-term relevance and success.

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.

Zipmex User Reviews

0.0 out of 5.0

0 reviews

5 Stars: 0%
4 Stars: 0%
3 Stars: 0%
2 Stars: 0%
1 Star: 0%

No reviews yet for Zipmex - be the first to review!

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: