Zipmex is a licensed and secure digital asset investment platform where you can buy, sell, and earn bitcoin 24/7.
How to Sell Bitcoin
Selling Bitcoin is easy, fast, and safe with Zipmex. When you sell Bitcoin on Zipmex, we provide you with the best rates, lowest selling fees and excellent user experience. When you sell BTC to SGD or USD on Zipmex, the transaction is immediate once a buyer matches your offer.
Create & Verify An Account
All you have to do to sell bitcoin is to create an account on Zipmex. After registering, you have to verify your account with your identity documents. After verification, then you’ll be only a few clicks away from selling Bitcoin.
Deposit & Sell Bitcoin
Next, you can transfer your BTC to your Zipmex account wallet and state the asking price per unit on our platform. When someone matches your offer, our platform will complete the transaction. When you sell Bitcoin on Zipmex, you can enjoy the highest sell prices and lowest fees.
Store & Earn Bitcoin
At Zipmex, you will be able to earn 5% on your Bitcoin! All of your deposits are insured on Zipmex. You can also withdraw your earnings into your USD/SGD bank account.
What is Bitcoin?
If you are familiar with digital assets, you might be familiar with Bitcoin or BTC. It is a virtual or digital currency that can be used to buy products and services. Each BTC is stored in a ‘digital wallet’ smartphone or desktop app. Transactions can be made when you send Bitcoin to others and vice versa. All transactions are recorded in a blockchain in an irreversible and open manner.
What other coins can I
sell on Zipmex?
On Zipmex, you can sell digital assets and convert to fiat currency like USD or SGD with ease.
Sell Bitcoin at Zipmex
Where is the best place to sell Bitcoin? The answer has to be Zipmex. As the leading digital asset exchange, Zipmex makes it simple, fast and safe to buy, sell and earn on your Bitcoin by leveraging integrated tools and advanced technology to give you 24/7 access and high liquidity.
Why use Zipmex?
Zipmex makes it safe, fast and simple to buy, sell and earn Bitcoin with quick payments and low transaction fees. Fraud risks are lower for both buyers and sellers on our authorised and regulated platform. Zipmex empowers you to reap the endless benefits of bitcoin.
Secure & Insured
Top BitGo wallet security (up to US $100M insurance) for your peace of mind.
Low Trading Fees, Best Prices
Pay less with trading fees as low as 0.2% per transaction. We give more value to you.
Regulation Exemption
Operating under a regulatory exemption by the Monetary Authority of Singapore (MAS)
Invest Anywhere,
Anytime
Fully compatible with iOS and Web Browser
We’re here to help
Zipmex’s Customer Support team is ready to help 24/7 should you have any questions about selling BTC. You can also find answers to common questions in our Support Centre below.
Frequently Asked Questions
Interest will be calculated from your asset in Z Wallet and will be paid to Z Wallet.
Simply sign up here: https://trade.zipmex.com/accounts/sign-up enter your information and submit the form. Then check your email for the verification to verify your account.
Once the account is verified, please kindly check your email for more information from us.
Then, go to Setting > Verification Level > Start your KYC. Once your KYC is completed, go to Wallet > Find the currency you wish to deposit > Click on Deposit symbol to make a deposit. Once your account is funded, you can start trading!
To create an account, first make sure you are visiting the official Zipmex site at https://www.zipmex.com
You can quickly create an account directly on the home page by clicking on the sign up button. You just need to fill up your email address and password.
The minimum password length is 8 characters but we recommend using a long unique password created by a password manager.
If the password is less than 25 characters long, it must contain one special character, one number, and 1 capital letter, and it cannot be similar to your username.
Please read and agree to our terms of service and privacy policy, before checking the box and clicking “Create my account”.
For the advance option, you can hit “Sign up” button located on the top right of the home page which will directly lead you to https://trade.zipmex.com/signup
Fill in all the required fields and click “Accept”. After that, a confirmation email will be sent to the email you used to register. Click the “Activate Account” button.
Congratulations! You have successfully created your Zipmex account.
Registered
| Currency | Daily Deposit Limit | Daily Withdrawal Limit |
| USD | 0 | 0 |
| SGD | 0 | 0 |
KYC
| Currency | Daily Deposit Limit | Daily Withdrawal Limit |
| USD | 100,000 | 100,000 |
| SGD | 40,000 | 100,000 |
Enhanced KYC
| Currency | Daily Deposit Limit | Daily Withdrawal Limit |
| USD | 250,000 | 250,000 |
| SGD | 250,000 | 250,000 |
In order to start trading with us, you as a freshly registered user may need to verify yourself through KYC which requires collateral documents.
The different Verification Tiers are as follows:
- Registered – this is the default Tier obtained after registering your account and confirming your email address.
- KYC – you can deposit, withdraw and trade in digital currency. You are required to provide your personal particulars, a billing address, a photo of yourself and identity documents.
In order to get your account verified, we require the following documents to be uploaded in your account:
Basic KYC:
- Proof of identity — your valid state issued ID OR driver’s license OR Passport
- An updated selfie
Enhanced KYC (to increase max/min withdrawal and deposit limits):
- Bank statement for the past 3 months
- Proof of address documents bank statement, credit card bills, electronic bills (water, electricity, gas, internet, telephone), salary certificate, insurance statement, tax invoice or house registration)
There might be some cases which required users to upload an additional photo of the identity document.
If you have fiat currency in your account that is available to withdraw, you can initiate a wire transfer to your linked bank account in your name.
To withdraw, follow these 4 steps:
- Go to wallet > withdraw > select currency
- Enter your withdrawal amount, bank details and name
- Press ‘Withdraw’ at the bottom to confirm
- Click the 2FA link in the email you receive
Please allow for up to 48 hours of processing of withdrawal.
Facebook – https://www.facebook.com/zipmexasia/
Instagram – https://www.instagram.com/zipmex/
Telegram – https://t.me/zipmexasia/%20
YouTube – https://www.youtube.com/channel/UCFAb2HPdUwdWUnA91h3VmSg
Twitter – https://twitter.com/zipmex
Medium – https://medium.com/@Zipmex
ZIPMEX currently operating under a ‘Payment Services Act’ license exemption given by the Monetary Authority of Singapore (MAS).
It has the following controls and measures in place to ensure that customer’s funds are kept safe.
| What We Need to Have | What Is It | Why Is It Important to You |
|---|---|---|
| Capital Requirement | 1. We are subject to the minimum initial capital and own funds requirement. Our capital requirement is intended for covering the risks of operating an exchange. 2. We protect your funds by segregating your fiat from our company account. | Your funds are protected and entrusted to a company with adequate operating capital. |
| Custody Solution | 1. We work with BitGo as our custodian for digital assets. They use multi-signature technology for every transaction. 2. BitGo insures the digital assets stored on its custody wallet with coverage up to USD 100 million. | Your digital assets are safe, secured and insured with us. |
| Auditor Requirement | We are audited annually by an auditor who review our financial statements thoroughly. | We are financially accountable and transparent as approved by external auditors. |
| Thorough KYC policies and procedures | 1. We perform customer due diligence (CDD), identification and verification procedures, including enhanced due diligence, PEPs checks, screening against UN, EU, OFAC sanction lists. 2. We perform live video verification of all KYC customers to reduce identify fraud. | You are part of an ecosystem where all bad actors are prohibited from entering and all participants exist in the real-world. |
| Sound Anti-money laundering (AML) policies and procedures | Risk-based approach (RBA) in assessing and managing the money laundering and terrorist financing risk to the company. | Your funds will not be used or mixed with funds associated with money laundering and terrorism financing. |
| Comprehensive IT security policies | 1. Our IT security policy is approved by regulators and ensures that information security and technology management system is always up-to-date. 2. Our platform has undergone strenuous IT audits and penetration tests in order to prevent hacking and malicious attacks against the platform. | Our platform has been audited and battle-tested to provide you with the most safe and secure experience. |
| Wide-ranging compliance policies and procedures | 1. We have implemented policies and procedures for all processes of the company, all of which have been reviewed and approved by our regulators. 2. We have a comprehensive risk management policy to ensure that risks are mitigated and accounted for. | Everything we do has a policy, manual and workflow. You can be assured that we have planned for every scenario and always protect your funds and/or digital assets. |
| Data protection and security | We never disclose your personal information to third-parties unless they are regulatory bodies or governmental entities. | Your privacy, sensitive information and personal data is safe and protected with us. |
Depositing digital assets into your Zipmex account can only be initiated by the account owner. If you’d like to add to your balance of digital assets, you’ll need to use your unique Zipmex deposit address which you can find in your wallet tab.
You must initiate a withdrawal from your external wallet or service provider in order to deposit the desired amount into your unique Zipmex deposit address.
*Please note, that when you are withdrawing BTC from the exchange you may only send your BTC to another BTC address.
Invest anytime, anywhere.
Take control of your digital assets and enjoy the integrated exchange experience.