Founded by Australian tech entrepreneur Marcus Lim (Oneflare), the Singapore-based exchange has quickly amassed users across 57 countries.
All of the funds on the platform are insured for up to $100 million against hacks and theft, making it one of the safest exchanges in the region for traders. Thanks to high liquidity, it’s also one of the best.
Zipmex is not just another crypto exchange – it is backed by some serious players including the securities and investment bank AEC Securities, a serving Thai minister, and the former chair of the Thai stock exchange.
The platform offers the lowest trading fees currently available in Australia – just 0.2% – and enables users to deposit four different types of fiat currency, including US and Australian dollars.
Australian residents have the option to transfer money from their bank accounts or take advantage of instant transfers via the forthcoming Polipay service.
Trading is available in the following major cryptocurrencies: Bitcoin, Ethereum, Ripple, EOS, and Litecoin.
The platform’s trading engine is capable of processing 1.4 million orders per second and the platform utilises state of the art security. Its clean user interface and intuitive user experience are designed to put the focus entirely on trading.
“Our mission is to provide an exceptional cryptocurrency trading experience for all users,” Lim said.
“We have a suite of advanced trading features and charting tools, along with 24/7 support.
“We are hoping to attract both retail and institutional investors – and we offer an OTC service for larger clients.”
In an Australian first, every user’s cryptocurrency holdings kept on the exchange are insured for free, up to a total of $100 million. No premium accounts or additional fees are required.
Verifying your identity on the exchange takes less than five minutes, with documents usually approved within the hour.
New customers should also be sure to join Zipmex’s Telegram channel as part of the KYC process.
If you’re one of the first 500 Micky readers to sign up and get verified on the exchange, Zipmex will drop $15 of BTC into your account to get you started. Click here to sign up now.
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