Zipmex review: is this the best crypto exchange out there?
Cryptocurrency exchanges are the platforms that allow you to buy, sell, or trade cryptocurrencies and different fiat currencies with ease.
However, just like in any other industry, there are great exchanges and less-than-great ones out there.
Zipmex is one of the latter, so you’ll want to know everything about it before deciding whether or not it’s worth your time and money.
We’ve done the research for you, so keep reading!
What is ZIpmex?
Zipmex is a cryptocurrency exchange that offers no withdrawal fees, making it a popular choice for those looking to trade in digital assets.
The company is based in the United States and offers trading in a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
Gemini is another popular choice for those looking to trade cryptocurrencies. How do these exchanges work?
Crypto exchanges vs wallets: what's the difference?
Crypto exchanges are platforms that allow you to buy, sell, or trade cryptocurrencies. On the other hand, crypto wallets are software programs that store your public and private keys and interact with blockchain to enable you to send and receive digital currency.
So, which one should you use?
Well, each exchange has its own pros and cons.
For example, ZIpmex does not charge any withdrawal fees but offers less coins than Gemini.
What about using more than one platform? Using two exchanges at once can provide more options for both buying and selling coins.
Some people recommend using an exchange from their home country as well as an international one like ZIpmex or Gemini to maximize potential profits when selling different types of coins on different platforms.
There are many different factors to consider when choosing a platform so be sure to do plenty of research before deciding on an exchange!
The good things about Zipmex
- 1. They don't have any withdrawal fees, so you can cash out your earnings without having to worry about losing a percentage to fees.
- 2. They're a United States-based exchange, so you can be sure that your money is safe and sound.
- 3. They offer a wide variety of cryptocurrencies, so you're sure to find one that meets your needs.
- 4. Their customer service is excellent, so you can always get help when you need it.
- 5. They offer a great mobile app, so you can trade on the go.
- 6. They have a very user-friendly interface, so even if you're not a tech-savvy person, you'll be able to figure it out with ease.
- 7. One thing we didn't like about Zipmex was that they only let you buy Bitcoin (BTC) or Ethereum (ETH).
- If you want to invest in other coins, then they may not be the right choice for you.
- 8. Zipmex's fee structure is pretty simple: they charge 0% trading fees, but an additional 10% if they want to convert fiat currency into cryptocurrency for your purchase - which means their overall cost comes in at around 10%.
- 9. Another downside of Zipmex is that they are less popular than some other exchanges meaning fewer people are trading on their platform and less liquidity means lower prices overall.
crypto exchange no withdrawal fees
Drawbacks of using Zipmex
Although Zipmex has many benefits, there are also some drawbacks to using this exchange.
One of the biggest drawbacks is that it is not available in the United States.
Another downside is that it can be difficult to understand how crypto exchanges work if you're new to the world of cryptocurrency.
Additionally, you may have to pay fees when you use an exchange, and these fees can vary depending on the exchange you choose.
Finally, it's important to remember that cryptocurrency exchanges are a relatively new phenomenon, so they may not be as reliable as traditional financial institutions.
Why choose ZIpmex over other exchanges
When it comes to choosing a crypto exchange, you want one that is safe, reliable, and user-friendly.
Zipmex meets all of these criteria and more.
It is one of the most popular exchanges in the United States and allows you to buy, sell, and trade a variety of cryptocurrencies.
Plus, its customer service is top-notch and always available to help you with any questions or concerns you may have.