CoinZoom

CoinZoom is a US-based cryptocurrency exchange that is registered as a money services business with FinCEN, adhering to US financial regulations. It prioritizes security, offering FDIC insurance for USD deposits and digital asset insurance to protect users' funds. CoinZoom's user assets are primarily stored in offline cold storage, reducing the risk of theft. The platform caters to both beginners and experienced traders, offering a variety of financial products and services. Users can buy, sell, and trade various cryptocurrencies, as well as access features like staking, margin trading, and a Visa debit card that allows for spending crypto at millions of locations worldwide.

CoinZoom also offers unique features like ZoomMe, a free international money transfer service for both crypto and fiat currencies, and the CoinZoom Exchange Token (ZOOM), which provides various benefits such as airdrops, trading fee discounts, and staking bonuses. With a focus on security, compliance, and user experience, CoinZoom aims to make cryptocurrency accessible and easy to use for everyone.

What are the CoinZoom focusing on

Security

Safeguarding your funds and personal information is our priority. We take the following measures to ensure your assets are secure:

• Multi-layer security protections

• Multi-Factor authentication

• Cold Storage Assets held by Institutional Qualified Custodians

• Assets insured by our qualified custodian for +$100M Multi-Signature wallets

• Account-level security controls & notification

Best Exchange/Pros

CoinZoom stands out as a top exchange due to its strong emphasis on security, offering FDIC insurance for USD deposits and robust protection for digital assets. The platform also boasts a wide range of features, catering to both beginners and experienced traders, with options like staking, margin trading, and a Visa debit card that allows spending crypto in real life.

Exchange rates/fees

Trading Fees: Market Maker：0.18 - 0.36% Market Taker：0.22% - 0.44%

Withdrawal Fees:

• CoinZoom Instant 1.5% ($1.50 minimum)Immediate

• Wireᶲ (domestic) ($40K maximum daily)$351-2 business days

• Wireᶲ (international) ($40K maximum daily)$501-2 business days

• Transfer to external wallet (Crypto)VariableImmediate

Deposit Fees: Debit Card and ACH Reversal Fee $100.All wire fees waived for Black level customers

CoinZoom Visa Fees：Plastic Card Issuance Fee 200 ZOOM

APP Introduction/Download Address

The CoinZoom app is your all-in-one mobile platform for trading cryptocurrencies, sending international payments, and managing your digital assets on the go. With a user-friendly interface and robust security features, the app makes it easy to access the full suite of CoinZoom services from your smartphone.

Buy, sell, and trade on the go. Send money and crypto for free to your friends and family anywhere in the world with a touch of a button.

Easily spend crypto on your virtual CoinZoom Crypto Visa Debit card.

Download the CoinZoom App:

You can download the CoinZoom app for both iOS and Android devices:

iOS: Download from the App Store

Android: Download from Google Play

Buy

Registration & Login

Registration:

• Visit the CoinZoom website or open the app.

• Click on “Sign Up” and provide the required information (email, password, etc.).

• Agree to the terms of service and privacy policy.

Verification:

• For basic access, you'll need to verify your email address.

• To increase your trading limits and access all features, complete the identity verification process by providing personal information and documents as requested.

Login:

• Once your account is verified, you can log in using your email and password.

• For added security, enable two-factor authentication (2FA).

APP Android how to buy

Fund Your Account:

• Tap on the “Wallet” icon.

• Choose the currency you want to deposit (USD, EUR, etc.).

• Select your preferred deposit method (bank transfer, credit/debit card, etc.).

• Follow the instructions to complete the deposit.

Navigate to the Trading Section:

• Tap on the “Trade” icon.

• Choose the “Buy” option.

Select the Cryptocurrency:

• Search for the cryptocurrency you want to buy (e.g., Bitcoin, Ethereum).

• Tap on the chosen cryptocurrency to open its trading page.

Enter the Purchase Amount:

• Enter the amount of the chosen cryptocurrency you want to buy, or the amount of fiat currency you want to spend.

• The app will automatically calculate the equivalent amount based on the current market price.

Review and Confirm:

• Double-check the details of your purchase (cryptocurrency, amount, price).

• If everything is correct, tap on the “Buy” button to confirm your order.

Monitor Your Purchase:

• The purchased cryptocurrency will be credited to your CoinZoom wallet once the order is executed.

• You can track the status of your order in the “Orders” section of the app.

Apple how to buy

Fund Your Account:

• Tap on the “Wallet” icon.

• Choose the currency you want to deposit (USD, EUR, etc.).

• Select your preferred deposit method (Apple Pay, bank transfer, credit/debit card, etc.).

• Follow the instructions to complete the deposit.

Navigate to the Trading Section:

• Tap on the “Trade” icon.

• Choose the “Buy” option.

Select the Cryptocurrency:

• Search for the cryptocurrency you want to buy (e.g., Bitcoin, Ethereum).

• Tap on the chosen cryptocurrency to open its trading page.

Enter the Purchase Amount:

• Enter the amount of the chosen cryptocurrency you want to buy, or the amount of fiat currency you want to spend.

• The app will automatically calculate the equivalent amount based on the current market price.

Review and Confirm:

• Double-check the details of your purchase (cryptocurrency, amount, price).

• If everything is correct, tap on the “Buy” button to confirm your order.

Monitor Your Purchase:

• The purchased cryptocurrency will be credited to your CoinZoom wallet once the order is executed.

• You can track the status of your order in the “Orders” section of the app.

How to buy ATM

Locate a Participating Retailer:

• Open the CoinZoom app and navigate to the “Wallet” section.

• Select “Deposit” and then choose “CoinZoom Cash.”

• The app will display a list of nearby retailers that accept cash deposits for CoinZoom.

Generate a Barcode:

• Select the retailer you want to use and generate a barcode in the app.

Visit the Retailer:

• Go to the chosen retailer and present the barcode to the cashier.

• Give the cashier the amount of cash you want to deposit (up to $999, depending on the retailer).

Complete the Deposit:

• The cashier will scan the barcode, and the cash will be instantly deposited into your CoinZoom account.

Buy Cryptocurrency:

• Once the cash is deposited, you can use it to buy cryptocurrency directly through the CoinZoom app, following the same steps as outlined in the previous “Buying on CoinZoom App” instructions.

Trading Notes

Credit Cards/Bank Savings Cards Supported for Exchange Coin Buying

• Credit Cards: Visa, MasterCard

• Debit Cards: Visa, MasterCard

CoinZoom Support ATM Introduction

CoinZoom unique “CoinZoom Cash” feature allows users to deposit cash directly into their CoinZoom accounts at participating retail locations, eliminating the need for traditional bank transfers or card payments. This innovative approach makes buying cryptocurrency more accessible to those who prefer using cash or don't have access to banking services.

Minimum purchase amount

The minimum purchase amount on CoinZoom is $10.

Best way to trade

The best way to trade on CoinZoom is to utilize the platform's intuitive mobile app or the more comprehensive desktop platform, both offering a variety of order types and real-time market data. For beginners, the simple “Buy” and “Sell” options are straightforward, while experienced traders can leverage advanced tools like limit and stop orders for more precise trading strategies.

Trading Days/Trading Hours

CoinZoom's trading platform is open 24/7, allowing users to buy, sell, and trade cryptocurrencies at any time, including weekends and holidays. There are no specific trading days or hours on CoinZoom.

Trading Fees

CoinZoom uses a maker-taker fee model, with fees ranging from 0.18% to 0.36% for makers and 0.22% to 0.44% for takers, depending on the 30-day trading volume. However, users can get discounts on these fees through the VIP Reward Program or by paying with ZOOM tokens.

Trading Markets

CoinZoom offers a variety of trading markets, including crypto-to-crypto pairs (e.g., BTC/ETH, ETH/USDT) and crypto-to-fiat pairs (e.g., BTC/USD, ETH/EUR), allowing users to trade a wide range of cryptocurrencies against both other cryptocurrencies and traditional fiat currencies.

Products/Services

Coin Zoom APP Support Services/Products

• Buying and Selling Crypto: Easily purchase and sell a wide variety of cryptocurrencies directly from the app.

• Trading: Access advanced trading features like limit orders, stop-loss orders, and real-time market data.

• ZoomMe: Send and receive both crypto and fiat currencies internationally with no fees.

• Staking: Earn rewards by staking supported cryptocurrencies directly through the app.

• Visa Debit Card: Spend your crypto at millions of locations worldwide using the CoinZoom Visa card.

• Wallet: Securely store and manage your digital assets within the app.

• Portfolio Tracking: Monitor the performance of your investments with real-time portfolio tracking.

• Customer Support: Access 24/7 customer support directly through the app for any questions or assistance.

Description of wallet usage

The CoinZoom wallet allows users to securely store, manage, and transfer various cryptocurrencies and fiat currencies within the platform, providing a convenient way to track balances and transaction history.

Details of borrowing coins to buy/pledge coins

CoinZoom does not currently offer margin trading or the ability to borrow coins to buy other cryptocurrencies. However, they do have a staking feature that allows users to earn rewards by locking up certain cryptocurrencies in their wallets.