CoinZoom offers a diverse range of crypto-related services, catering to both casual and institutional investors alike. From crypto debit cards to remittances, the platform supports the financial services needed to help crypto take a more mainstream approach.
Fully-Featured ecosystem aims to improve crypto accessibility
While the crypto ecosystem has grown manifold over the last couple of years, the use of cryptocurrencies in the real world is still limited. Until recently, digital assets held no value in the outside world. Additionally, crypto wallets and the entire process of sending and receiving coins isn’t always intuitive. In one way or another, all of these factors are preventing cryptocurrencies from gaining more mainstream acceptance.
CoinZoom, the next-generation cryptocurrency exchange equipped with a full suite of crypto-related services, aims to change this reality. Founded in 2018, CoinZoom launched its online exchange in March of 2020. The US-based cryptocurrency exchange offers a range of carefully designed features to bridge the gap between legacy financial solutions and cryptocurrencies.
The rising number of exchanges has led to stricter regulations from financial authorities and governments worldwide. Amidst the continued clampdown of some of the largest exchanges, CoinZoom has cemented itself as one of the few highly-regulated exchanges that abide by more than 140 countries’ AML, KYC, FinCEN, and OFAC compliance demands.
Led by a team with decades of finance and regulatory experience, CoinZoom is registered and fully regulated in the United States under a Money Services Business license. Moreover, the platform has attained Australian Digital Currency Exchange registration, is currently applying for the E-Money License in the European Union, and is seeking a BitLicense in the US.
CoinZoom is more than a trading platform. It delivers diverse services to help advance a more widespread embrace of cryptocurrencies, facilitating the use of cryptos in the same way that people ordinarily transact in fiat currencies.
Besides helping users trade more than 30 cryptocurrencies across 120 markets, the platform also provides a range of CoinZoom Visa cards that people can use to spend both fiat and crypto across 53 million merchant stores. In addition, the platform also offers a free peer-to-peer remittance service, ZoomMe, which eases crypto and fiat transfers without any geographical restrictions.
Together, the CoinZoom wallet and accompanying the ZOOM utility token overcome many of crypto’s sticky obstacles, all while supporting the solutions needed to make digital assets more available to mass-market audiences.