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Ankara
9 level
40 reviews
534.25 karma

Review on CoinZoom by ismail karasahin

It is very flashy but also costly ...

This cryptocurrency is US-based innovative and highly secure.

I got to know it for the first time during the invited program he organized last year. The stock market is very ambitious in terms of security, diversity and innovation.

First of all, I want to start by saying its shortcomings,

The number of trading pairs is really small, there are about 70-80 pairs, so the number of cryptocurrencies on the exchange is much more limited.

Apart from this, I would like to state that the fees for maker and taker are higher than other exchanges. (25% -26% respectively)

Apart from these, I would like to point out that it is an innovative exchange, the exchange has its own credit card and it is valid all over the world. Thanks to this application, you can convert your money in the exchange into fiat currencies and withdraw from ATM.

They are constantly organizing innovations and events, and I would like to point out that they have an active social media and promotion team. It also has nice and useful android and ios applications.

In terms of security, I can say the following. They state that 98% of your cryptocurrencies are kept in cold wallets, and the cryptocurrencies are insured by the largest insurance company in the USA. As for fiat currencies, they also state that they are kept in accounts opened in the name of their own exchanges in big banks.

Pros & cons

  • The exchange has a credit card to withdraw cash
  • High security for crypto and FIAT currencies
  • has useful and stylish Android and IOS apps
  • It has an active social media and event teams
  • Few trading pairs
  • There are few cryptocurrencies
  • High maker and taker fee