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Zipmex Cryptocurrency Exchange Platform in Singapore
Zipmex is a trusted and regulated digital asset exchange platform offering investors the ability and a wide range of opportunities to invest securely in cryptocurrencies.
Background Information About Zipmex Crypto Exchange Platform
Founded in 2018, Zipmex is headquartered in Singapore. The company was co-founded by Marcus Lim and Akalarp Yimwilai with an aim at making finance an everyday enriching activity. Marcus Lim is the CEO at Zipmex, who is an accomplished entrepreneur, and oversees the entire regional expansion and development of Zipmex. It is widely known in Singapore and many prefer Zipmex over other options available in the country to buy cryptocurrencies.
Table of content
Pros
- High liquidity
- High-speed trading platform
- Supports fiat currency
- App available on Google Play and iOS store
- Can earn interest on digital assets
- Quick and easy transaction process
Cons
- Limited cryptocurrency selection
- Not so well-known platform
How to sign up on Zipmex from Singapore?
Below is the step-by-step process on how to create an account on Zipmex from Singapore:
Step 1: Go to the official website of Zipmex, and then click on the “Sign Up” button.
Step 2: After clicking on the “Sign Up” button, you will be redirected to the registration page, where you have to fill in your email address and create a password.
Kindly note that while creating the password, it is recommended to have a minimum password length of 8 characters, and it must contain one capital letter, one special character, and one number.
Step 3: Next, you have to read and accept the terms and conditions and privacy policy of Zipmex.
Step 4: Now you have to click on the “Create my account” button.
Step 5: After this, you will now receive a verification email from Zipmex. Open your email inbox and click on the “Verify Email Address” link in the email you received from Zipmex to verify your email address.
Step 6: Upon clicking on the verification link, you will be redirected to the Zipmex website, and you are ready to get started.
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How do I deposit fiat currency using a bank transfer into a Zipmex account wallet in Singapore?
Kindly note that only accounts that have passed the KYC process are eligible for this funding method.
In order to deposit fiat currency via bank transfers into your Zipmex account, you have to first make sure that your account fulfills the requisites to access this funding method.
The simplest way to check your eligibility is by checking the “Verification level” of your account under the ‘Settings’ tab in the main dashboard.
- USD deposits
For making USD deposits in Zipmex account wallet, you have to follow the below steps:
i) Log in to your account and navigate to “Wallets”> “Deposit” > and then select USD.
ii) Next, enter your name and amount, and then Place a deposit ticket.
iii) You will receive a deposit ticket message either on your phone or email.
iv) Next, you have to follow the instructions to deposit to Zipmex’s account from your banking portal.
Kindly note that you have to input the reference code from the deposit ticket and the exact amount of money that you entered.
- SGD deposits
For making SGD deposits in Zipmex account wallet, you have to follow the below steps:
i) Log in to your account and navigate to “Wallets”> “Deposit” > and then select SGD.
ii) Next, enter your Singapore mobile number
iii) You will receive an SMS with OTP, which you have to input in the form.
iv) Now, you have to enter your bank account number and the bank you will be deposited from.
Note that you can only use the same SGD bank account to deposit/withdraw from Zipmex.
v) After this, you will view a screen showing the bank account you will have to deposit into. You’ll also receive an email with details of your deposit request.
vi) Next, make the deposit through your bank to the account based on the instructions received in the email/on the site.
vii) Once your deposit is completed, you will receive a confirmation via email.
Kindly note that the deposits will take less than 5 minutes (except the first deposit)
Free quently asked questions
1Is Zipmex Cryptocurrency Exchange Platform in Singapore legit?
Yes, Zipmex is a legitimate platform and is a fully licensed and trusted cryptocurrency exchange based in Singapore. It is also licensed in Thailand and Australia
2How long does it take to get verified on Zipmex?
All information and documents submitted by you for account verification are reviewed through automated or manual verification methods. Hence the account verification times vary based on the method used for verification. For registration, the process is automated and takes place within 1 minute. For KYC, the process is manual and takes place within 24 hours.
3Are there any trading fees at Zipmex Cryptocurrency Exchange Platform?
The general trading fees at Zipmex are 0.2%, and the maker and taker fee is also 0.2%. However, the deposit and withdrawal fees are regularly adjusted according to blockchain and fiat transfer conditions.