In this article, I will discuss the Does Zoomex allows users in the USA.
Zoomex is a well-known cryptocurrency exchange platform for its worldwide trading usability.
However, the majority of the users are interested in its availability in the United States owing to the regulatory restraints.
In the following, we will check out whether Zoomex allows US citizens to use its trade platform.
What is Zoomex?
Zoomex, a cryptocurrency trading platform located in Singapore, was founded in 2021.
The platform is recognized for its sophisticated technology, allowing users to obtain numerous crypto futures at a low cost, coupled with trading pairs like USDT/BTC.
Zoomex remains committed to serving its client’s needs, providing the most advantageous trading conditions, and claiming to have ‘the lowest industry fees’ as well.
The WSOT is entertaining and appealing to traders. Such an event is the World Series of Trading (WSOT), which is a fantastic opportunity for global cooperation while making the entire process much more beautiful and more accessible for all traders.
These professionals, as Zoomex testimonials indicate, were employed by Bybit and Binance.
Does Zoomex Allow Users in the USA
No, Zoomex does not enable registration for individuals from the United States.
Zoomex services are not available to residents of the United States, mainland China, North Korea, Cuba, Iran, Crimea, Sevastopol, Sudan, or any other selected jurisdictions.
How to Use Zoomex?
Zoomex has a simple interface that anyone from a novice trader to a seasoned investor can easily navigate. Getting started with the application is as easy as following the steps below.
Download the App: Of course, the first thing you will need to do is either go to Google Play or the Apple App Store and download the Zoomex app, depending on its compatibility with your device.
Create an Account: For all periods, I recommend confirming with a click on the email address provided when registering, and, in general, it is recommended to use two-factor authentication (2FA) for stronger protection of the account. You can use your phone number as well or any regular email address.
Deposit Funds: After filling out the registration form, it is necessary to fund your account either via the transfer of cryptocurrency or other fiat methods offered on the platform.
Alternatively, you can obtain cryptocurrency straight from the application itself.
Explore Markets: Look for the cryptocurrencies that are present on the market.
All the assets can be divided into categories such as “the most popular”, “the most recent” and “the most volatile”.
Popular crypto pairs in the trade market can also be viewed if there is appropriate access.
Start Trading: Trading on Zoomex is of two types – spot trading and futures trading.
If you are engaged in copy trading, make sure that you are following an experienced supplier and replicating their trades.
Use buy and sell limits and place orders appropriate to your specific trading style.
Monitor and Manage: Thoroughly understand how the application works and monitor your earnings and market developments if necessary to become efficient with trading.
As all trades are monitored, one can quickly look for different charts and simply switch between positions and strategies whenever it is necessary.
Withdraw or Exchange: If you wish to receive cash, you are free to withdraw the funds available in your account, or you can convert them into a different cryptocurrency without leaving the app.
What Cryptocurrencies Can be Traded or Invested in on Zoomex?
Zoomex has a variety of cryptocurrencies that include leading coins like BTC, ETH, BNB and popular meme currencies like DOGE, SHIB, and PEPE. The platform also includes ONDO, MNT, CAKE, FTM, RNDR, LDO, WLD, ARB, OP, INJ, MATIC, and WOO, among other tokens.
Zoomex has more than 300 assets for futures trading and more than 50 available for spot trading.
Notable new newcomers include NOT, BRETT, and RADIUM. Although it has a much smaller range than other trading platforms like Binance or KuCoin, Zoomex still has a wide variety of cryptocurrencies for trading and investment purposes.
Furthermore, Zoomex also provides indexes of BTC, ALT, AI, and QUICKLER to enable users to hedge their investments and gain more exposure to the market.
Gaining Insight into the Fees and Pricing of Zoomex
Fees are one of the costs that a trader needs to look out for since they can lower the chances of making a profit.
In the case of Zoomex fees on the spot market trades, a 0.1% maker/0.1% taker is charged, which is in sync with global competitors like Binance and Gate.io.
The fees are charged on the crypto that has been bought, ceased orders, and unfilled orders do not have any charges.
In futures trading, a Zoomex user pays a 0.02% maker fee and a 0.06% taker fee.
This is slightly higher than the benchmark auprès de Binance ‘s 0.05% when trading for more than 30 days in volumes less than $1.5 million.
However, if the trading volume increases above the level of $5 million, the taker fee percent drops down to 0.036%.
Zoomex VIP Levels
There are also funding rates for futures trading in Zoomex, like interest rates charged for currency borrowing and three premium indexes that get settled thrice every day.
Zoomex App Safe and Secure?
Zoomex has an application for smartphones that is compatible with both Android and Apple devices and is also available in their application stores.
The app has been downloaded by more than 500,000 users on Google Play, and it is simple to use as the main functions can be reached with ease on the home page.
Such features include copy trading, rewards, invites, leaderboards, deposits, purchase crypto, exchange, and P2P.
Moreover, the application also has tools allowing users to view coins filtered by hot, new, price fluctuations, trading volume, and more.
For increased comfort, it has also included a switch between day mode and night mode.
The Zoomex app guarantees seamless crypto trading on the move, and just like the Lightweight client, there is a mobile app with virtually the same features.
Zoomex Customer Support
However, Zoomex goes the extra step of providing efficient customer support to its users for any complaints or questions. Here is how you can contact their support:
Live Chat: Similarly, Zoomex has several live chat features on its platform with the aim of enabling users to have an instant helping hand whenever they have any inquiries or challenges. Such live chats survive most of the time so it takes quick responses.
Help Center: Articles containing facts and guides to frequently asked questions are provided in both the Zoomex app and the website, together with the most commonly asked questions that are likely to address the most pressing issues. This is very good support for users in the case of resolving problems by themselves.
Email Support: A more thoughtful concern can be directed to Zoomex’s customer representatives via email. Representatives of the support team are ready to assist clients online and solve any problem they might have.
Community and Social Media: Zoomex uses various social networks, for example, Twitter and Telegram, where it is possible to ask questions, communicate with users in the community, and receive news about the platform in an official way.
These several support channels make it easy for Zoomex users to fix the problem or get all the assistance they need.
Conclusion
In conclusion, there are presently no users from the USA in Zoomex Exchange as it is restricting them for regulatory reasons.
American residents who are interested in investing or trading cryptocurrencies can consider platforms such as Coinbase, Kraken, or Binance.US which adhere to the US regulation but have many features for trading.
