Review on ZooomEx by larei bello
Low trading fees on Zooomex exchange, now it is no longer useful
Zooomex Exchange is a Russian exchange founded in 2019, the exchange hasn't been much of a useful exchange for me. It was built as exchange to satisfy its users various needs and satisfaction, which include speed, transparency and reliability. In terms of speed as a centralized exchange, Zooomex exchange used to process and confirm more than 100,000 transactions every second. The trading fee on this exchange is a 0.05% fee which will bring in deep Liquidity in the exchange. The exchange even offers SSL encryption, Bank level security and two-factor-authentification to prove its security. The exchange doesn't actually give any information about itself concerning the type of trading services offered like OTC trading, Margin Trading or even Contract derivative trading. The social community group isnt useful as well, making the exchange actually doubtful. There is no mobile trading all for this exchange but it is hoped that a mobile app will come soon. But i haven't been able to deposit on the exchange, so trading here was basically impossible.
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Pros
- It supports multiple cryptocurrencies
- The exchange charges very low fees for transactions
- It was a liquid exchange
Cons
- The exchange didn't last long at all
- Tue exchange doesn't have much information about itself
- Deposit is presently impossible
