Zoomex Gains Global Crypto Market Share With 1,000x Leverage and Hybrid Trading Model

Zoomex, a cryptocurrency trading platform launched in 2021, has emerged as a significant player in the global crypto exchange landscape, offering both centralized and decentralized trading options. The platform combines spot trading, futures, and perpetual swaps under one interface, while also integrating a decentralized exchange (DEX) for self-custody trading. With over 500 supported cryptocurrencies and leverage of up to 1,000x, Zoomex caters primarily to active traders and speculators, rather than long-term holders [1].

Based in Hong Kong, Zoomex operates under a Canadian Money Services Business (MSB) license from FINTRAC, allowing it to serve international users excluding certain jurisdictions like the United States, China, and others. The platform emphasizes privacy by offering optional no-KYC account creation, enabling users to trade with just an email or phone number. Withdrawal limits of up to 100 BTC per day are permitted without submitting identity verification [1].

Security remains a core focus for Zoomex, with features including cold storage of funds, two-factor authentication (2FA), regular third-party audits, and a $50 million insurance fund. Since its launch, the exchange has not reported any major security breaches, contributing to its reputation as a legitimate and secure trading platform [1]. Zoomex also supports integrated copy trading, allowing users to replicate the strategies of experienced traders, and it provides a mobile application for iOS and Android users [1].

Despite its strengths, Zoomex faces notable limitations. It does not support direct fiat on-ramps in all regions, relying on third-party services like Onramper and Transak, which can add transaction fees of up to 3%. Additionally, while major crypto pairs have deep liquidity, smaller altcoins may suffer from slippage due to thinner trading volumes [1]. The platform is also restricted in several countries, including mainland China and parts of the Middle East, limiting its global accessibility [1].

Fee structures on Zoomex are competitive, with spot trading fees at 0.1% for both makers and takers, and futures trading fees ranging from 0.02% to 0.06%, depending on trade direction. Withdrawal fees are generally tied to blockchain network congestion, with no additional charges from the exchange itself [1]. The derivatives market is the core of Zoomex’s offering, with advanced tools such as real-time margin tracking, stop-loss orders, and customizable leverage settings, making it a preferred choice for traders who prioritize speed and risk management [1].

Zoomex’s decentralized exchange (DEX) operates as a self-custodial platform, allowing users to trade USDT-margined perpetual contracts without depositing funds into the exchange. This feature aligns with growing demand for non-custodial solutions but comes with trade-offs, such as limited availability of spot trading and a narrower range of supported assets compared to the centralized platform [1].

For U.S. users, it is important to note that while Zoomex is accessible via a no-KYC model, it is not licensed for operation in the United States. Traders seeking compliance with U.S. regulations may consider alternatives like Coinbase or Binance U.S. [1].

Competitors such as MEXC, Bitget, and Binance offer similar services but differ in areas such as leverage options, supported assets, and KYC requirements. Zoomex distinguishes itself with higher leverage, optional KYC, and built-in copy trading features. However, platforms like MEXC and Binance support a broader range of cryptocurrencies [1].

In conclusion, Zoomex presents a robust trading environment with a strong emphasis on derivatives and high leverage, supported by regulatory credentials and advanced security measures. However, users must weigh its advantages against limitations like fiat access, liquidity variability, and jurisdictional restrictions to determine whether it aligns with their trading goals [1].

Source: [1] Zoomex Review: Is It a Good and Safe Crypto Exchange in 2025? (https://www.cryptoninjas.net/exchange/zoomex-review/)