The crypto trade market is vast. There are several currencies, exchanges, and even trade bots available in the market. With this much to choose from, choosing the right one can be rather tricky, especially with the number of scams that are out there.
There exist a myriad of cryptocurrency exchanges. Zipmex is one that stands out in this crowded market. Zipmex is a digital asset exchange that focuses on providing retail and institutional investors with the ability to invest in cryptocurrencies securely.
Zipmex was founded in August 2018 by Marcus Lim. It is a regulated digital currency exchange provider that offers fast trades, high liquidity, and a broad choice of crypto assets. Zipmex allows traders to invest in a wide range of cryptocurrencies. In addition to the popular Bitcoin (BTC), the exchange also enables investors to trade in other popular cryptocurrencies such as ETH, XRP, EOS, and LTC. Thus, depending on the price fluctuation and latest news, investors can choose the cryptocurrency of their choice to invest in. Another advantage of the platform is that the team offers the leading cryptocurrencies at a low price so that traders can maximize their profit.
Throughout this article, we will explore some of the other stand out reasons why Zipmex is ahead of the competition.
Standout Features offered by Zipmex
Zipmex offers several advanced trading features and charting tools such as:
- Fast Trades – Zipmex has been engineered to facilitate quick trades across a range of crypto assets.
- Liquidity – In comparison to its competition, Zipmex offers much better options with regard to liquifying cryptocurrency traded through it. This means that getting cryptocurrency converted to fiat currency is much easier with Zipmex.
- Lowest Buy Prices – Zipmex is engineered to deal with large volumes of trades. This means that they can offer the lowest buy prices for their customers.
- Immediate Deposits – The platform was designed with speed in mind. While trading cryptocurrencies, speed is essential, and thus, the platform has been built for instantaneous transactions.
- Security and Insurance – Crypto trade has a lot of risks. Security is a huge concern. In the case of hacking, exchanges incur huge losses that ultimately affect consumers. The only safety measure that can be taken in this regard is insurance. Zipmex works hand in hand with a number of third-party providers, to ensure that the platform is secure and assets are fully insured.
- Licensed and Regulated – Every country has its own set of rules and regulations when it comes to trading online. Zipmex works with regulators in every country that it operates in to ensure that the platform meets all the requirements as per the local jurisdictions for online trading.
- Simple and Easy to Use Interface – With its easy to use interface, it does not take too much of effort to learn how to use the system. This makes all the difference, especially for beginners.
- Robust Security Protocols – Security is a massive concern with cryptocurrency. This dramatically affects the efficiency of a crypto exchange. The safety protocols used by Zipmex are commendable.
- Dedicated Customer Service Personnel – Zipmex understands the importance of excellent customer support and how it helps in building a good client company relation. Hence, they provide fantastic customer service.
- Support for Various Cryptocurrencies – They offer support for Bitcoin and even altcoins such as ETH, XRP, and so on.
Zipmex even partner with auditors to provide better services. Be it in the maintenance of financial and transactional details or wherever required; they are well supported by their team.
Every country has its own set of rules and regulations when it comes to trading cryptocurrency online. Zipmex has beneficiaries from a variety of countries. Hence, it ensures that it complies with each country’s rules and regulations before launching itself there. This is done to provide better service and increase reliability.
Another service they offer is economy of scale. By definition, this means that when there is increased production, there will be a decrease in cost. In this context, however, it means that there will be a reduction in trading scale depending on whether the conditions are met or not.
Comparison with Popular Exchanges
Zipmex is relatively good in comparison to a lot of the popular exchanges present in the market today. It boasts features that are not very common with other popular exchanges like Binance, CoinSpot, Bitfinex, Independent Reserve, and so on.
Zipmex offers economy of scale, which is not a very commonly available feature for competitors. The platform also allows transactions in fiat currency.
The company also holds full reserves. This means that all funds of customers are held by the company. They have also developed a state of the art audit process to prove to third parties and even customers that the customer’s funds are safely held.
In conclusion, Zipmex is a popular exchange service. It offers features like no other and outdoes its competition. It provides fiat to crypto conversion and vice versa, which is a handy feature. The liquidity provided is convenient. It also takes measures to prevent hacks by increasing security. This adds to their reliability and boosts the trust one can place on them. For the rate at which their services are offered, it is a steal. It ensures that it complies with country-specific regulations before entering a new market. It is an excellent service and definitely stands out.