Support Center > Getting started > How do I buy and sell currency on Zipmex?

How do I buy and sell currency on Zipmex?

Before you can start buying and selling, you’ll need to deposit funds into your Zipmex account. Once your account is funded, you can use the order forms under the “Buy & Sell” tab to place orders. Note that the currency pair you select plays a role in determining what is bought or sold:

  • If the “buy” button is selected and currency pair x/y is selected, then currency x will be bought and currency y sold.
  • If the “sell” button is selected and currency pair x/y is selected, then currency x will be sold and currency y will be bought.

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ZEI is currently registered under and listed by Bappebti as a candidate merchant. To date, the Indonesian government has established crypto assets as commodities which can be determined as the subjects of futures contracts, which can be traded through the Futures Exchange (of crypto assets).

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Before you use the Services, you must be aware of the following:

  1. You should not transact Digital Assets if you are not familiar with Digital Assets. Transacting Digital Assets may not be suitable for you if you are not familiar with the technology of the Services that are provided.
  2. You should be aware that the value of Digital Assets may fluctuate greatly. You should buy Digital Assets only if you are prepared to accept the risk of losing all of the money you put into such Digital Assets.
  3. You should be aware that although we strive to provide you with excellent service, we do not guarantee that the Site or Services will be available without interruption.
  4. Digital Assets held in your Hosted Wallet and funds in your Fiat Wallet are not subject to the Indonesian insurance or guarantee scheme as provided by the Indonesian Deposit Insurance Corporation (Lembaga Penjamin Simpanan).