ZIPMEX-1234922150312

Aspect	Information
Company Name	ZIPMEX
Registered Country/Area	Thailand
Founded year	2019
Regulatory Authority	100+
Cryptocurrencies available	Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Litecoin (LTC)
Deposit & Withdrawal	Bank transfer, cryptocurrency transfers
Customer Support	24/7 live chat, email atFeedback@zipmex.com

Overview of ZIPMEX

ZIPMEX is a virtual currency exchange based in Thailand that was founded in 2019. The exchange is regulated by the SEC, MAS, BAPPEBTI, CEZA, ASIC(Exceeded), ensuring a level of trust and security for traders. ZIPMEX offers a range of popular cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and Litecoin (LTC).

Pros and cons

Pros	Cons
Regulated trading environment	Relatively recent establishment
Diverse range of available cryptocurrencies	No higher leverage options
24/7 customer support
VIP levels
2FA protection

Pros:

ZIPMEX offers a regulated and secure trading environment, which provides traders with a level of trust and confidence in their transactions. The exchange is approved by the Thai Securities and Exchange Commission (SEC), ensuring compliance with regulatory standards and enhancing the overall security of the platform.

Another advantage of ZIPMEX is its diverse range of available cryptocurrencies. Traders have the opportunity to trade popular cryptocurrencies such as Bitcoin, Ethereum, XRP, and Litecoin, providing them with ample options to diversify their portfolios.

In terms of user support, ZIPMEX excels with its 24/7 customer support. Traders can access assistance through live chat, email support, and phone support, allowing them to resolve any issues or concerns promptly.

Cons:

One limitation of ZIPMEX is its relatively recent establishment. Being founded in 2019, it has a shorter history compared to more established exchanges in the market. This may raise concerns for traders who prefer using platforms with a longer track record.

Additionally, ZIPMEX has a maximum leverage of up to 10x, which may be seen as a disadvantage for traders seeking higher leverage options. Other exchanges in the market may offer higher leverage ratios, potentially limiting the appeal of ZIPMEX to traders seeking greater leverage opportunities.

Regulatory Authority

ZIPMEX operates under the regulation of multiple regulatory agencies. It is approved by the Thai Securities and Exchange Commission (SEC) and holds a Digital Currency License under the name of “บริษัท ซิปเม็กซ์ จำกัด Zipmex.” The specific regulation number is not available.

In Singapore, ZIPMEX is regulated and holds a Digital Currency License issued by the Monetary Authority of Singapore (MAS). The license is under the name of “ZIPMEX PTE LTD,” and the regulation number is not disclosed.

In Indonesia, ZIPMEX is regulated and holds a Digital Currency License from the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI). The license is under the name of “PT. ZIPMEX EXCHANGE INDONESIA,” and the regulation number is not provided.

ZIPMEX also operates under the regulation of the Cagayan Economic Zone Authority (CEZA), holding a Digital Currency License under the name of “Zipmex Pte. Ltd.” The regulation number is not released.

Additionally, ZIPMEX is regulated by the Australia Securities & Investment Commission (ASIC) and holds a Company Registration license under the name of “ZIPMEX AUSTRALIA PTY LTD.” The regulation number is 632 064 076, and it is stated as “Exceeded,” indicating compliance with the regulatory requirements.

Overall, ZIPMEX operates under the regulation of various regulatory agencies in different countries, ensuring compliance with the relevant regulations and licensing requirements.

Security

ZIPMEX prioritizes the security of its platform and takes various measures to protect user accounts and funds. The exchange utilizes industry-standard encryption protocols to safeguard user data and employs strict security protocols to prevent unauthorized access to user accounts. ZIPMEX also implements two-factor authentication (2FA) as an additional layer of security for user logins.

In terms of user feedback, it is important to note that individual experiences may vary. ZIPMEX has received generally positive feedback regarding the security measures in place, with users expressing satisfaction with the platform's reliability and security features.

Furthermore, ZIPMEX advises users to follow best practices to enhance their account security, such as using strong and unique passwords, regularly updating passwords, and being cautious of phishing attempts.

Trading Market

ZIPMEX offers a diverse range of trading products, providing users with the opportunity to engage in the dynamic world of

cryptocurrency

trading. The platform supports a variety of popular cryptocurrencies, allowing users to buy, sell, and trade assets seamlessly. From well-known digital currencies like Bitcoin (BTC) and Ethereum (ETH) to trending tokens such as ADA, AXS, BNB, DOGE, HBAR, LUNA, SHIB, SOL, TRX, and XRP, ZIPMEX caters to a broad spectrum of crypto enthusiasts.

Cryptocurrencies available

Investors can now optimize their cryptocurrency holdings for a seamless financial journey. Achieve an impressive APY of up to 12% by participating in Zipmex's advanced ZipUp+ initiative. This program offers individuals the flexibility of selecting terms that align with their preferences, all without the constraints of mandatory minimums.

Services

ZIPMEX offers tailored services for a diverse clientele, providing a white-glove crypto treatment primarily aimed at institutional investors, family offices, self-managed super funds, and high-profile clients. This exclusive 24/7 service is designed to assist with OTC deals, minimize slippage, and optimize investment rewards upon request. ZIPMEX distinguishes itself with a commitment to low fees and high rewards, creating a cost-effective trading environment for users aiming to maximize returns. With its comprehensive approach and personalized assistance, ZIPMEX stands out as a client-centric platform in the cryptocurrency trading landscape.

How to Buy Cryptos

To initiate the process of buying cryptocurrencies on ZIPMEX, the first step involves depositing funds into your Zipmex account. Once your account is successfully funded, you gain the ability to utilize the order forms located under the “Buy & Sell” tab for placing orders. It's crucial to note that the choice of a currency pair is significant, determining the specific transactions:

1. Buy Orders:

- If you click the “buy” button and choose a currency pair (x/y), you will be purchasing currency x, and concurrently, currency y will be sold.

2. Sell Orders:

- Conversely, when you click the “sell” button for a chosen currency pair (x/y), you are initiating the sale of currency x, and currency y will be acquired in return.

Fees

The trading fees on ZIPMEX can be significantly reduced by locking a certain amount of Zipmex Token (ZMT) based on your member level. The more ZMT you lock, the higher the discount you get on both maker and taker fees. This incentivizes users to hold and lock ZMT for reduced trading costs.

Member Level	Criteria	Discount	Maker Fee	Taker Fee
VIP	–	0% Off	0.20%	0.20%
VIP 1	Buy and lock 100 ZMT	10% Off	0.18%	0.18%
VIP 2	Buy and lock 1000 ZMT	20% Off	0.16%	0.16%
VIP 3	Buy and lock 5000 ZMT	35% Off	0.13%	0.13%
VIP 4	Buy and lock 20,000 ZMT	50% Off	0.10%	0.10%

Deposit & Withdrawal

Deposit & Withdrawal Fees

The

crypto exchange

, ZIPMEX, conducts routine reviews of its deposit and withdrawal fees, with the possibility of making adjustments every week to ensure equitable and market-relevant charges.

Crypto Deposit Fees [Deposits Currently Suspended]

Presently, all cryptocurrency deposits remain on pause, during which no deposit fees are levied, showcasing the platform's commitment to providing a seamless deposit experience.

Crypto Withdrawal Fees

ZIPMEX implements a flat withdrawal fee for cryptocurrency withdrawals. It's important to note that the withdrawal amount should exceed the withdrawal fee, ensuring efficient transaction processing and user satisfaction.

Coin/Token	Crypto Network	Withdrawal Fees
btc	BTC (Bitcoin)	0.0002 BTC
eth	ETH (Ethereum)	0.0016 ETH
ltc	LTC (Litecoin)	0.025 LTC
xrp	XRP (Ripple)	0.5 XRP
bch	BCH (Bitcoin Cash)	0.005 BCH
usdt	USDT (Tether)	10 USDT

Exchange Comparison

	ZIPMEX	Binance	Coinbase
Number of Cryptos	Diverse range of cryptocurrencies	Extensive selection	Limited, mainstream cryptos
Fees	Discounts via ZMT token locking	Tiered fee structure based on trading volume and BNB use	Transaction-based fee structure
Withdrawal Fees	Flat fees, varies by crypto	Varies by cryptocurrency	Varies by cryptocurrency
Payment Methods	Bank transfers, cards, others	Bank transfers, cards, others	Bank transfers, cards, PayPal
URL	https://www.zipmex.com/	https://www.binance.com/	https://www.coinbase.com/

Is ZIPMEX a Good Exchange for You？

ZIPMEX is the best exchange for traders who prioritize regulatory compliance and security. With approval from the Thai Securities and Exchange Commission (SEC), ZIPMEX provides a regulated and secure trading environment, instilling confidence and trust among users. This aspect makes it particularly appealing to those who prioritize the safety of their transactions and compliance with regulatory standards.

However, the relatively recent establishment in 2019 might be a drawback for those who prefer more established platforms with a longer track record. Additionally, the maximum leverage of 10x may not meet the requirements of traders seeking higher leverage options, potentially limiting ZIPMEX's attractiveness in this aspect.

FAQs

Q1: What is ZIPMEX's approach to trading fees？

A1: ZIPMEX's trading fee structure is designed to provide transparency and value to traders. Through our ZMT token-based membership levels, traders can enjoy discounts of up to 50% on both maker and taker fees by locking a specified amount of ZMT.

Q2: Can you explain ZIPMEX's cryptocurrency withdrawal fees？

A2: Certainly. ZIPMEX implements a flat withdrawal fee for each cryptocurrency withdrawal.

Q3: What is the current status of crypto deposits on ZIPMEX？

A3: Presently, cryptocurrency deposits are temporarily suspended. During this period, no deposit fees are applicable.

Q4: Could you provide more information about ZIPMEX's withdrawal process？

A4: Certainly. ZIPMEX's withdrawal process involves deducting a fixed withdrawal fee from the withdrawal amount.

Q5: How can traders qualify for ZIPMEX's VIP membership levels？

A5: ZIPMEX offers VIP membership levels, ranging from VIP 1 to VIP 4, which offer varying levels of trading fee discounts.

User Review

User 1:

Yo, let me spill the beans on ZIPMEX! First off, their security game is tight. I'm talking Fort Knox level. Regulated too, so no shady business. But here's the kicker – their interface is sleek as heck. Easy peasy to use, even if you're crypto-clueless. Liquidity？ Bro, it flows like a waterfall. Got all the big cryptos lined up, and their customer support？ A+. Fees are fair game, not robbing your pockets. Just wish they'd up their privacy game a bit. Withdrawal speed's snappy though, no complaints there. All in all, pretty stable ship!

User 2:

Okay, brace yourself for my ZIPMEX download. Security-wise, I'm sleeping like a baby. Regs in place, so no crypto horror stories. Interface？ Clean and smooth, like butter. But liquidity ain't their strongest card – had a hiccup with some lesser-known coins. They've got the crypto zoo, though. Customer support had me singing praises; they pulled me out of a jam real quick. Trading fees？ Meh, nothing outrageous. Privacy's solid, but hey, room for improvement. Deposit and withdrawal speeds？ Blink and it's done! Order types are plenty, for all you strategists. Stable？ Like a rock. All boxes checked!