Zoomex is a cryptocurrency exchange based in the Cayman Islands. Led by CEO Amos Zirger, who resides in Singapore, the company specializes in derivatives trading. Although the office is only located in Singapore, staff members are working in Singapore, Taiwan, Japan, Dubai, and other countries.
Despite being a new exchange established in 2021, Zoomex's overall trading conditions are excellent. The main derivatives trading (USDT perpetual contracts) offers more than 200 instruments, with a maximum leverage of 1:150. Trading fees are competitive with major exchanges. As for the safety of the trading environment, negative balance protection is provided to limit your loss.
Regarding the security of assets, we confirmed directly with Zoomex that "Zoomex uses the industry's best multi-signature cold wallet to protect client assets." By storing assets offline, the company can eliminate the risk of security incidents.
Other notable features include the fact that the company is actively distributing bonuses and does not require identity verification (KYC). Bonuses offered vary from time to time, such as "200 USDT first deposit bonus", "Up to 20 USD worth of welcome bonus (no deposit required)", "Trading competition with a prize pool of 7 million USD", and "Trading contest with a prize pool of up to 400,000 USDT" in the past.
[Asia] Japanese, Traditional Chinese, Vietnamese
[Europe and America] English, German, Russian, Spanish
[Email support] 365 days 24 hours
[Chat support] 365days 9:00 am - 2:00 am (Japan time)
(*1)The timing for paying or receiving the funding fee, which is a cost to anchor the market price to the spot price.
(*2)The amount of maintenance margin is not fixed and typically equals to 0.5% of the value of the position held. When a liquidation occurs, the amount of maintenance margin will be added to the Insurance Fund.
(*3)Only available under Hedge Mode. Not permitted under One-Way Mode.
(*4)Losses will be covered by the Insurance Fund or the Auto-Deleverage system.
(*1)For USDT Perpetual Contract.
(*2)For inverse contracts, deposit either BTC, ETH, XRP or EOS as margin.
(*3)Risk Limit sets the maximum position value that can be held for each crypto. There is also the open interest limit, which means, you can only hold a certain percentage (usually 10% for BTCUSDT) of the open positions on the entire platform.
(*4)For general users.
(*5)Holding multiple accounts is only permitted for the purpose of carrying out a trading strategy. Holding multiple accounts to earn bonuses is a violation.
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy